About Tabit
Tabit is a company based in Rishpon (Israel) founded in 2014 by Nadav Solomon. It operates as a SaaS (Software-as-a-Service), and Subscription Services. Tabit has raised $35 million across 1 funding round from investors including Harel Group, Vertex Ventures Israel and Pitango. Tabit offers products and services including Tabit PAD, Tabit Kitchen, and Tabit Analytics. Tabit operates in a competitive market with competitors including Toast, Olo, Zenput, UrbanPiper and Tillster, among others.
- Headquarter Rishpon, Israel
- Founders Nadav Solomon
-
Sectors
Consumer
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$35 M (USD)
in 1 rounds
-
Latest Funding Round
$35 M (USD), Series B
Apr 05, 2020
-
Investors
Harel Group
& 2 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Tabit
Tabit offers a comprehensive portfolio of products and services, including Tabit PAD, Tabit Kitchen, and Tabit Analytics. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Mobile POS system is used for restaurant operations.
Communication tool is utilized between front and back-of-house.
Insights and analytics are provided for restaurant performance.
Unlock access to complete
Unlock access to complete
Funding Insights of Tabit
Tabit has successfully raised a total of $35M through 1 strategic funding round. The most recent funding activity was a Series B round of $35 million completed in April 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series B — $35.0M
-
First Round
First Round
(05 Apr 2020)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2020 | Amount | Series B - Tabit | Valuation | Vertex Ventures Israel , Pitango |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Tabit
Tabit has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Harel Group, Vertex Ventures Israel and Pitango. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Tech focused early stage VC firm investing in Israel
|
Founded Year | Domain | Location | |
|
Venture capital investments in tech and healthtech sectors through dedicated funds.
|
Founded Year | Domain | Location | |
|
Financial services are provided in investment and insurance sectors.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Tabit
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Tabit
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Tabit Comparisons
Competitors of Tabit
Tabit operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Toast, Olo, Zenput, UrbanPiper and Tillster, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Restaurant operations are managed via a cloud-based platform.
|
|
| domain | founded_year | HQ Location |
Olo is recognized as a restaurant technology platform provider.
|
|
| domain | founded_year | HQ Location |
Zenput is utilized as an operations execution platform for multi-unit operators.
|
|
| domain | founded_year | HQ Location |
Delivery channels management software is provided for restaurants.
|
|
| domain | founded_year | HQ Location |
SaaS solutions for restaurant online ordering and analytics are offered.
|
|
| domain | founded_year | HQ Location |
Provider of cloud-based POS software solutions for businesses and service providers
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Tabit
Frequently Asked Questions about Tabit
When was Tabit founded?
Tabit was founded in 2014 and raised its 1st funding round 6 years after it was founded.
Where is Tabit located?
Tabit is headquartered in Rishpon, Israel. It is registered at Rishpon, Central District, Israel.
Who is the current CEO of Tabit?
Barry Shaked is the current CEO of Tabit.
Is Tabit a funded company?
Tabit is a funded company, having raised a total of $35M across 1 funding round to date. The company's 1st funding round was a Series B of $35M, raised on Apr 05, 2020.
What does Tabit do?
Tabit is established as a provider of MobileFirst POS solutions tailored for the hospitality industry. Comprehensive tools are offered for full-service restaurants, hotel restaurants, and restaurant chains. A suite of products including Tabit PAD, Tabit Kitchen, and Tabit Analytics is developed to enhance customer service, streamline operations, and increase profitability. Integration with leading property management systems is supported to bring mobility to hospitality sectors. Solutions are designed to reduce dependency on third-party services, manage guest interactions, and improve operational efficiency through innovative technology.
Who are the top competitors of Tabit?
Tabit's top competitors include Toast, UrbanPiper and SpotOn.
What products or services does Tabit offer?
Tabit offers Tabit PAD, Tabit Kitchen, and Tabit Analytics.
Who are Tabit's investors?
Tabit has 3 investors. Key investors include Harel Group, Vertex Ventures Israel, and Pitango.