Amsterdam-based hospitality platform Tebi has secured €30 million in a Series B funding round, bringing its total funding to €56 million. The fresh capital came from Alphabet's CapitalG and Index Ventures.
- Founded in 2012 by Arnout Schuijff, Tebi is a hospitality technology company that offers a unified platform, Tebi OS, designed to streamline day-to-day operations for venues of all sizes.
- The software brings together essential tools such as point of sale, reservations, payments, kitchen displays, QR ordering, takeaway, inventory management, and multi-location reporting into one fully integrated system.
- Built specifically for restaurants, bars, cafes, bakeries, and similar businesses, Tebi replaces the patchwork of disconnected software with a cohesive solution tailored to the realities of hospitality.
- At its core is a real-time accounting engine powered by modular “subledgers,” enabling the platform to scale from independent locations to large chains.
- Tebi also incorporates AI to simplify onboarding, automate repetitive tasks, and surface insights, reducing operational complexity so owners and staff can focus on delivering exceptional guest experiences.
Details of the deal
- The Series B round was led by Alphabet's CapitalG, a San Francisco-based venture capital firm managing $7 billion in assets. London-based Index Ventures also participated in the round.
- Tebi will use the €30 million to expand into new markets, starting with the UK, and to grow its team and AI capabilities.
- The funding will also support product development, streamline operations, and help deliver a unified, scalable solution for hospitality businesses.
"To Alex Nichols and the CapitalG team, and Jan Hammer at Index Ventures, thank you for believing in our mission. To the incredible team of 35 (soon to be 70) building this with me, let's free every hospitality business owner to focus on what they love most," co-founder and CEO of Tebi, Arnout Schuijff, commented.
