Hospitality Tech Startup Tebi Raises €30 Million.

Led by Arnout Schuijff(Co-Founder And CEO), Rob Vonk(Co-Founder & CTO), Aki Tas(COO), And Patrick Studener(CCO), Tebi Raises €30 Million led by Alphabet's CapitalG, with Index Ventures participating, bringing the total funding to €56 million just after they announced series A 8 months ago.

Tebi is building an all-in-one financial Operating System for the hospitality industry covering businesses like restaurants, coffee shops, nightclubs, bakeries, retail, etc. Tebi OS unifies POS, payments, kitchen displays, reservations, inventory, and bookkeeping around a real-time accounting backbone.

The technical accounting architecture called sub-ledgers developed by Tebi creates independent, communicating ledgers that can scale from a single invoice to enterprise-level operations. The company is reimagining all the workflows with AI to automate most of the routine.

The company plans to use these new funds raised to continue building a best-in-class product, engineering, and operations organization.