TABBit - About the company
TABBit is a seed company based in London (United Kingdom), founded in 2023. It operates as an App-based payment sharing solution. TABBit has raised $405K in funding from Angel Invest Ventures. The company has 9 active competitors, including 2 funded and 2 that have exited. Its top competitors include companies like Hope Macy, Split The Bills and Splitzy.
Company Details
App-based payment sharing solution. It helps users to split bills for dinners, getaways, and more. Users' friends can reimburse through a banking app. The app is available on both Android & iOS devices.
- Website
- tabbit.uk
- Email ID
- *****@tabbx.io
Key Metrics
Founded Year
2023
Location
London, United Kingdom
Stage
Seed
Total Funding
$405K in 1 round
Latest Funding Round
Investors
Ranked
7th among 9 active competitors
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TABBit's funding and investors
TABBit has raised a total funding of $405K over 1 round. Its latest funding round was a Seed round on Feb 29, 2024 for $*****. 2 investors participated in its latest round. TABBit has 1 institutional investor and 2 angel investors.
Here is the list of recent funding rounds of TABBit:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 29, 2024 | 3165550 | Seed | 7723954 | 5647710 | 8752508 | 2155796 |
View details of TABBit's funding rounds and investors
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TABBit's Competitors and alternates
Top competitors of TABBit include Hope Macy, Split The Bills and Splitzy. Here is the list of Top 10 competitors of TABBit, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Hope Macy 2018, Cardiff (United Kingdom), Seed | Shared expense management solution for individuals | $3.32M | 33/100 | |
2nd | Split The Bills 2011, Sheffield (United Kingdom), Acquired | Expense splitting app for schoolmates and housemates. | - | - | 30/100 |
3rd | Splitzy 2023, London (United Kingdom), Unfunded | Digital platform offering a group payment splitting solution | - | - | 29/100 |
4th | Loop 2020, London (United Kingdom), Acquired | App-based platform providing expense management for individuals | - | - | 24/100 |
5th | iOWEYOU 2005, Bristol (United Kingdom), Unfunded | Expense sharing and splitting system for shared student houses | - | - | 24/100 |
6th | PaidYou 2018, Oldham (United Kingdom), Deadpooled | Group expense management solution | - | 21/100 | |
7th | TABBit 2023, London (United Kingdom), Seed | App-based payment sharing solution | $405K | 18/100 | |
8th | Boodle 2018, London (United Kingdom), Unfunded | App-based platform for manage group expenses | - | - | 16/100 |
9th | Billhub 2022, London (United Kingdom), Unfunded | Shared expense management services for students and young professionals | - | - | 16/100 |
10th | Splitoo 2017, London (United Kingdom), Deadpooled | Expense sharing platform | - | - | 15/100 |
Looking for more details on TABBit's competitors? Click here to see the top ones
TABBit's Investments and acquisitions
TABBit has made no investments or acquisitions yet.
Reports related to TABBit
Here is the latest report on TABBit's sector:
News related to TABBit
•
TABBx (TABBit) secures £320K Pre-Seed investment led by Angel InvestUK Tech Investment News•Feb 29, 2024•TABBit, Angel Invest Ventures
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