Tabit - About the company
Tabit is a series B company based in Rishpon (Israel), founded in 2014 by Nadav Solomon and Barry Shaked. It operates as a MobileFirst POS solution for restaurants, hotels, and chains to boost profits. Tabit has raised $65M in funding from investors like Pitango, Harel Group and Vertex Ventures Israel. The company has 1749 active competitors, including 138 funded and 48 that have exited. Its top competitors include companies like Toast, Odeko and Tillster.
Company Details
MobileFirst POS solution for restaurants, hotels, and chains to boost profits. This is a full-scale solution designed to deliver exceptional hospitality, delight customers, and increase profits. It offers a suite of products including mobile POS, kitchen management, guest management, analytics, shift management, online ordering, and more. The platform is payment processor agnostic, allowing businesses to choose their own payment solutions. It helps bring services in-house, reducing dependency on third parties. Features include reservations and guest management, tableside and mobile payments, customer loyalty programs, conversational ordering, and efficient table management. The system streamlines communication between front and back of house, optimizes labor, and simplifies check splitting. It provides solutions for full-service restaurants, restaurant chains, and hotels, with integrations to various PMS providers. The platform offers tools to manage delivery operations, gift cards, and customer feedback. It is a comprehensive solution for businesses looking to enhance customer service and improve operational efficiency.
- Website
- www.tabit.cloud/
- Email ID
- *****@tabit.cloud
- Phone Number
- +972 **********
Key Metrics
Founded Year
2014
Location
Rishpon, Israel
Stage
Series B
Total Funding
$65M in 1 round
Latest Funding Round
Ranked
93rd among 1749 active competitors
Employee Count
249 as on Feb 28, 2026
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Tabit's funding and investors
Tabit has raised a total funding of $65M over 1 round. Its latest funding round was a Series B round on Apr 05, 2020 for $*****. 3 investors participated in its latest round. Tabit has 4 institutional investors.
Here is the list of recent funding rounds of Tabit:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 05, 2020 | 7292749 | Series B | 1938756 | 8617122 | 6542926 | 5290122 |
View details of Tabit's funding rounds and investors
Tabit's founders and board of directors
Founder? Claim ProfileThe founders of Tabit are Nadav Solomon and Barry Shaked.
Here are the details of Tabit's key team members:
- Nadav Solomon: Co-Founder & President of Tabit. Contact Info: 1 email address
- Barry Shaked: Chairman & CEO of Tabit. Contact Info: 1 email address
View details of Tabit's Founder profiles and Board Members
Tabit's employee count trend
Tabit has 249 employees as of Feb 26. Here is Tabit's employee count trend over the years:
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Tabit's Competitors and alternates
Top competitors of Tabit include Toast, Odeko and Tillster. Here is the list of Top 10 competitors of Tabit, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Toast 2011, Boston (United States), Public | Platform offering multiple restaurant operations management solution | $900M | 82/100 | |
2nd | Odeko 2019, New York City (United States), Series E | Provider of online ordering solution for coffee businesses | $296M | 67/100 | |
3rd | Tillster 2006, San Diego (United States), Series C | SaaS-based online ordering, marketing and analytics solution for restaurant | $90.4M | 67/100 | |
4th | Olo 2005, New York City (United States), Acquired | SaaS-based digital ordering and delivery platform for restaurant brands | $73.6M | 66/100 | |
5th | MarginEdge 2015, Arlington (United States), Series C | SaaS based restaurant management system | $83.2M | 66/100 | |
6th | Zenput 2011, San Francisco (United States), Acquired | Platform offering software for mobile sales data collection | $47M | 66/100 | |
7th | TouchBistro 2010, Toronto (Canada), Series E | Provider of SaaS based software solutions for restaurants | $321M | 65/100 | |
8th | SynergySuite 2011, Dublin (Ireland), Series B | Cloud-based suite solution for restaurant businesses | $28.6M | 64/100 | |
9th | Foodics 2014, Riyadh (Saudi Arabia), Series C | Cloud-based suite solutions for restaurants | $198M | 62/100 | |
10th | Hokodo 2018, London (United Kingdom), Series B | Developer of API for invoicing platforms and marketplaces | $66.1M | 60/100 | |
93rd | MobileFirst POS solution for restaurants, hotels, and chains to boost profits | $65M | 57/100 |
Looking for more details on Tabit's competitors? Click here to see the top ones
Tabit's Investments and acquisitions
Tabit has made no investments or acquisitions yet.
Reports related to Tabit
Here is the latest report on Tabit's sector:
News related to Tabit
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Tabit Technologies, a Mobile First POS, and OpenTable Announce PartnershipPR Newswire•Oct 05, 2023•Tabit
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Tabit Technologies, OpenTable partner to streamline restaurant operationsFast Casual•May 10, 2023•Tabit, OpenTable
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Stayntouch teams with Tabit on contactless hospitality platformFast Casual•May 18, 2022•StayNTouch, Tabit
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Stayntouch PMS and Tabit POS Integrate, Offering Hotels Dynamic Mobile-First Tech Pairing to Amplify In-stay Dining ExperienceHospitality Net•May 17, 2022•StayNTouch, Tabit, Toast, Tabit and 1 other
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