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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.
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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
Investors
Ranked
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
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Tabit's founders and board of directors

Founder? Claim Profile
The founders of Tabit are Nadav Solomon and Barry Shaked.
Here are the details of Tabit's key team members:

Tabit's employee count trend

Tabit has 249 employees as of Feb 26. Here is Tabit's employee count trend over the years:
Employee count trend for Tabit
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Toast
Toast
2011, Boston (United States), Public
Platform offering multiple restaurant operations management solution
$900M
82/100
2nd
Logo for Odeko
Odeko
2019, New York City (United States), Series E
Provider of online ordering solution for coffee businesses
$296M
67/100
3rd
Logo for Tillster
Tillster
2006, San Diego (United States), Series C
SaaS-based online ordering, marketing and analytics solution for restaurant
$90.4M
67/100
4th
Logo for Olo
Olo
2005, New York City (United States), Acquired
SaaS-based digital ordering and delivery platform for restaurant brands
$73.6M
66/100
5th
Logo for MarginEdge
MarginEdge
2015, Arlington (United States), Series C
SaaS based restaurant management system
$83.2M
66/100
6th
Logo for Zenput
Zenput
2011, San Francisco (United States), Acquired
Platform offering software for mobile sales data collection
$47M
66/100
7th
Logo for TouchBistro
TouchBistro
2010, Toronto (Canada), Series E
Provider of SaaS based software solutions for restaurants
$321M
65/100
8th
Logo for SynergySuite
SynergySuite
2011, Dublin (Ireland), Series B
Cloud-based suite solution for restaurant businesses
$28.6M
64/100
9th
Logo for Foodics
Foodics
2014, Riyadh (Saudi Arabia), Series C
Cloud-based suite solutions for restaurants
$198M
62/100
10th
Logo for Hokodo
Hokodo
2018, London (United Kingdom), Series B
Developer of API for invoicing platforms and marketplaces
$66.1M
60/100
93rd
Logo for Tabit
Tabit
2014, Rishpon (Israel), Series B
MobileFirst POS solution for restaurants, hotels, and chains to boost profits
$65M
57/100
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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

Israeli restaurant management co Tabit raises $35mVertex Ventures IsraelApr 05, 2020Tabit
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