Startup
Tabs
AI-native revenue platform covering contract to cash: contract extraction, billing, collections, payments and revenue recognition, with agents handling billing and collections for more than 300 B2B companies.
| Founded | 2023, New York |
|---|---|
| Founders | Ali Hussain (CEO), Deepak Bapat (CTO), Rebecca Schwartz |
| Stage | Series B |
| Total funding | $92m across 4 rounds |
| Last round | Series B, $55m, September 2025, led by Lightspeed |
| What it does | Reads contracts to set up billing, issues invoices, collects payment, recognises revenue and reports, with AI agents for billing and collections launched alongside the Series B |
| Traction | 300-plus customers including Cursor, Rogo, Cortex and Statsig; more than $1bn in annualised billing; invoice volume up 5x in a year |
| Pricing | Launch plan $2,000 a month (up to $5m revenue and 100 contracts); other plans on quote |
| Markets | US |
| Peers | Maxio, Ordway, RightRev, Stripe Billing, Chargebee |
Funding
- Announced rounds
- US$87m in three rounds
- Latest round
- Series B, US$55m, September 2025, led by Lightspeed Venture Partners
Why it matters
Tabs has raised $92 million and bills more than $1 billion a year for its customers two years after founding. It is the revenue-side counterpart to the AI close companies, and its customer list of fast-growing AI companies gives it a foothold in the finance teams most willing to try agents.
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