# Tabs

> Tabs is an AI-native revenue platform that automates the contract-to-cash cycle for B2B finance and accounting teams. Its AI agents read messy customer contracts, generate and send invoices, chase collections, reconcile payments, and handle revenue recognition - turning manual back-office work into software. Founded in 2023 in New York by operators from Latch, Tabs serves 200+ customers including Cursor and Statsig, and raised a $55M Series B led by Lightspeed in September 2025, bringing total funding past $91M.

- **Founded:** 2023
- **Headquarters:** New York, United States
- **Founders:** Ali Hussain (CEO & Co-Founder), Deepak Bapat (CTO & Co-Founder), Rebecca Schwartz (Co-Founder)
- **Team size:** ~140 employees
- **Products:** Billing Agent, Collections Agent, Billing Platform, Revenue Recognition, Reporting & Analytics
- **Notable:** Raised $55M Series B led by Lightspeed in September 2025, with total funding past $91M in under three years., Grew to 200+ customers including Cursor and Statsig., Automating over $500M in annual invoice volume, on track for $1B+.

## Products & services

- **Billing Agent** — AI agent that reads customer contracts, extracts terms, and creates and sends accurate invoices automatically.
- **Collections Agent** — AI agent that monitors due dates, follows up on outstanding invoices, and matches and reconciles incoming payments.
- **Billing Platform** — Flexible B2B billing engine that handles complex, custom contract terms and recurring or usage-based pricing.
- **Revenue Recognition** — Automated ASC 606-style revenue recognition tied directly to contract terms and invoicing.
- **Reporting & Analytics** — Real-time revenue, cash flow, and AR reporting for finance teams and CFOs.
- **Integrations** — Native sync with CRMs and ERPs such as Salesforce, NetSuite, QuickBooks, and Stripe.

## Achievements

- Raised $55M Series B led by Lightspeed in September 2025, with total funding past $91M in under three years.
- Grew to 200+ customers including Cursor and Statsig.
- Automating over $500M in annual invoice volume, on track for $1B+.
- 5X ARR growth in the year before the Series B.
- Customers automate 80%+ of manual billing and invoicing tasks; Statsig cut close time by nearly 50%.

## Latest updates

- **2025-09** — Announced $55M Series B led by Lightspeed Venture Partners to launch AI agents for billing and collections.
- **2025-09** — Reported 200+ customers and $500M+ in annual invoice volume automated, with 5X ARR growth.
- **2023** — Launched out of stealth with a $12M seed round led by Lightspeed and Primary.

## Links

- Website: https://www.tabs.com
- LinkedIn: https://www.linkedin.com/company/teamtabs
- Twitter/X: https://x.com/get_tabs
- YouTube: https://www.youtube.com/@TabsPlatform

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Profile page: https://yespress.io/tabs
Published by YesPress — https://yespress.io
Last updated: 2026-06-11