Tabs has successfully raised $55 million in Series B funding to enhance CFO operations through AI, demonstrating a significant commitment to modernizing revenue workflows. This investment not only elevates Tabs’ total funding to over $91 million but also positions the company as a key player in transforming finance teams in an era marked by rapid technological advancement.
NEW YORK–(BUSINESS WIRE)–Tabs, the first AI-native revenue platform purpose-built for modern finance teams, today announced a $55 million Series B round led by Lightspeed Venture Partners, with participation from General Catalyst, Primary Venture Partners, and WiL (World Innovation Lab). Tabs’ total funding to date is now more than $91 million. Despite waves of innovation in payments, spend management, and payroll, revenue workflows – billing, collections, revenue recognition, and reporting –
Source: Original Press Release