Tabs, founded in 2023 and headquartered in New York, is building an AI-native platform for finance and accounting teams. The company's stated aim is to automate the entire contract-to-cash lifecycle, a domain where billing, collections, and revenue recognition are traditionally manual and time-consuming.
The platform's core products include automated invoicing across usage-based, recurring, and hybrid models, as well as tools for collections and real-time revenue reporting. A key component is its set of AI agents, designed to parse contracts, handle payments, and manage complex processes like ASC 606-compliant revenue recognition. The underlying technology draws on artificial intelligence, finance automation, and billing systems.
Tabs has raised over $91 million in funding. The company focuses its sales efforts on high-growth technology companies, a sector where complex billing models are common and accurate revenue recognition is critical.
