Tabs Raises $7M Seed Financing Round [Video]

Tabs Raises $7M Seed Financing Round

Tabs, an AI-powered Accounts Receivable (AR) platform for B2B businesses, has secured a $7 million seed funding round led by Lightspeed Venture Partners, bringing its total funding to $12 million. The investment aims to address the challenge of overdue B2B invoices in the US, which currently tie up trillions in capital for small and medium businesses. Tabs utilizes AI to extract elements from complex B2B contracts and automate the AR process from contract-to-cash, assisting businesses in enhancing cash flows, streamlining operations, and increasing flexibility in their business models.

Sources:
https://vcnewsdaily.com/tabs/venture-capital-funding/xmrpmdbdfx

Profile: https://begenuin.com/profile/thegroupchatqueen?utm_source=YT&utm_channel=thevcvault

Loop: https://begenuin.com/loop/latest-nyc-vc-deals?community=1afe0404b7800df1&utm_source=YT&utm_channel=thevcvault

Video: https://begenuin.com/video/ai-ar-platform-seed-funding-b2b-invoicing?community=1afe0404b7800df1?loop=1b62cc9d620016e0&utm_source=YT&utm_channel=thevcvault