Tabit - About the company
Tabit is a series B company based in Rishpon (Israel), founded in 2014 by Nadav Solomon. 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 2574 active competitors, including 172 funded and 67 that have exited. Its top competitors include companies like Toast, Olo and Odeko.
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
16th among 2574 active competitors
Employee Count
248 as on Jun 30, 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 | 1580684 | Series B | 4149041 | 3041026 | 2717091 | 4245335 |
View details of Tabit's funding rounds and investors
Tabit's founders and board of directors
Founder? Claim ProfileThe founders of Tabit is Nadav Solomon.
Here are the details of Tabit's key team members:
- Nadav Solomon: Co-Founder & President of Tabit. Contact Info: 1 email address
View details of Tabit's Founder profiles and Board Members
Tabit's employee count trend
Tabit has 248 employees as of Jun 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, Olo and Odeko. 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 | Cloud-based point of sale and management system for restaurants | $900M | 82/100 | |
2nd | Olo 2005, New York City (United States), Acquired | Provider of a platform for restaurant brands to manage digital operations | $73.6M | 80/100 | |
3rd | Odeko 2019, New York City (United States), Series E | Provider of online ordering solution for coffee businesses | $296M | 77/100 | |
4th | Paytronix 2001, Newton (United States), Acquired | Provider of digital guest engagement platform for restaurants and c-stores | $75M | 71/100 | |
5th | Foodics 2014, Riyadh (Saudi Arabia), Series C | Cloud-based POS and restaurant management system for efficient operations | $194M | 70/100 | |
6th | TouchBistro 2010, Toronto (Canada), Acquired | Cloud-based POS and restaurant management system | $321M | 69/100 | |
7th | Nory 2020, London (United Kingdom), Series B | Provider of an agentic AI restaurant operating system that predicts demand, builds schedules, manages ordering and payroll, and keeps profit and loss on track across every location | $63M | 64/100 | |
8th | MarginEdge 2015, Arlington (United States), Series D | Restaurant management software providing real-time data and back-office automation | $184M | 64/100 | |
9th | Tillster 2006, San Diego (United States), Series C | Restaurant digital ordering solutions: online, mobile, delivery, kiosk, and data science | $90.4M | 64/100 | |
10th | Restaurant365 2011, Irvine (United States), Series C | Cloud-based platform for restaurant management | $283M | 63/100 | |
16th | MobileFirst POS solution for restaurants, hotels, and chains to boost profits | $65M | 60/100 |
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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
Media has covered Tabit for 1 event in last 1 year, It was about company updates.
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Tabit Unifies Payments with MagTek Hardware and Magensa GatewayGlobal Fintech Series•Jul 28, 2026•MagTek, 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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