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Tabs is a series A company based in New York City (United States), founded in 2023 by Deepak Bapat, Ali Hussain and Rebecca Schwartz. It operates as an AI-based accounts receivable software. Tabs has raised $32M in funding from Lightspeed Venture Partners and General Catalyst. The company has 217 active competitors, including 16 funded and 17 that have exited. Its top competitors include companies like Model N, Nomba and Cerillion.
Company Details
AI-based accounts receivable software. It offers solutions for accounting, payment and remittance management, cash flow management, auditing, data management, invoice management, and more. It also offers solutions for understanding, structuring, and organizing contracts.
- Website
- tabs.inc
- Email ID
- *****@tabsplatform.com
Key Metrics
Founded Year
2023
Location
New York City, United States
Stage
Series A
Total Funding
$32M in 2 rounds
Latest Funding Round
Investors
Ranked
8th among 217 active competitors
Legal entities associated with Tabs
Tabs is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Aug 11, 2023 | - | - | - |
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Tabs's funding and investors
Tabs has raised a total funding of $32M over 2 rounds. Its first funding round was on Apr 12, 2024. Its latest funding round was a Series A round on Oct 02, 2024 for $25M. 3 investors participated in its latest round, lead by General Catalyst.
Tabs has 4 institutional investors including Lightspeed Venture Partners, General Catalyst and Primary Venture Partner.
Here is the list of recent funding rounds of Tabs:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
Oct 02, 2024 | $25M | Series A | 1541398 | 1065353 | |
Apr 12, 2024 | $7M | Seed | 6915095 | 1082873 |
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Tabs' founders and board of directors
Founder? Claim ProfileThe founders of Tabs are Deepak Bapat, Ali Hussain and Rebecca Schwartz. Ali Hussain is the CEO of Tabs.
Here are the details of Tabs' key team members:
- Deepak Bapat: Co-Founder & CTO of Tabs. Contact Info: 1 email address
- Ali Hussain: Co-Founder & CEO of Tabs. Contact Info: 1 email address
- Rebecca Schwartz: Co-Founder of Tabs. Contact Info: 1 email address
View details of Tabs's Founder profiles and Board Members
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Tabs's Competitors and alternates
Top competitors of Tabs include Model N, Nomba and Cerillion. Here is the list of Top 10 competitors of Tabs, ranked by Tracxn score:
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Overall Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Model N 1999, San Mateo (United States), Acquired | Cloud-based revenue management solution for life sciences and hi-tech companies | $37M | 75/100 | |
2nd | App-based payment acceptance solutions for SMBs | $37.7M | 70/100 | ||
3rd | Cerillion 1999, London (United Kingdom), Public | Cloud-based billing and customer management solutions for businesses | $9M | 63/100 | |
4th | Xifin 1997, San Diego (United States), Acquired | Cloud-based billing & revenue cycle management solutions for diagnostic service providers | $6M | 62/100 | |
5th | Cacheflow 2021, Los Altos (United States), Acquired | Cloud-based quote-to-cash suite | $16M | 61/100 | |
6th | Cloud-based invoice management and collection solutions for small & medium businesses | $3.99M | 56/100 | ||
7th | Apttus 2006, San Mateo (United States), Acquired | Quote-to-cash solutions for businesses | $474M | 56/100 | |
8th | Tabs 2023, New York City (United States), Series A | AI-based accounts receivable software | $32M | 55/100 | |
9th | Zycus 1998, Princeton (United States), Unfunded | Provider of a supplier collaboration, performance and spend management suite | - | - | 55/100 |
10th | Klarity 2017, San Francisco (United States), Series B | Account receivables and billing management platform | $90M | 54/100 |
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Tabs's Investments and acquisitions
Tabs has made no investments or acquisitions yet.
Reports related to Tabs
Here is the latest report on Tabs's sector:
News related to Tabs
Media has covered Tabs for a total of 6 events in the last 1 year, 3 of them have been about partnerships and 2 about company updates.
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Artificial Intelligence Finance News Tabs and Rillet Partner to Build the Next-Generation Finance StackGlobal FinTech Series•Mar 27, 2025•Tabs, Rillet
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Tabs and Rillet Partner to Build the Next-Generation Finance StackBusiness Wire•Mar 27, 2025•Tabs, Rillet
•
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Tabs Raises $25M in Series A FundingFinSMEs•Oct 30, 2024•Tabs, General Catalyst, Primary Venture Partner, Lightspeed and 2 others
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Tabs Continues Rapid Product Development with Official Launch of Intelligent CollectionsPRWeb•Oct 03, 2024•Tabs
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Tabs Launches Revenue Recognition To Further Expand AI-powered Billing and Financial Ops PlatformBusiness Wire•Jun 26, 2024•Tabs
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