Big news from Tabs today! We've raised $25 million in Series A funding, led by @generalcatalyst , with support from Primary Ventures and @lightspeedvp . This funding will fuel our mission to transform revenue automation for #CFOs.
https://t.co/42QrS8LqGH
#FinTech#TabsPlatform
New-era CFOs, in our view, need to be equipped with insight-rich analysis to drive growth, enhance operational efficiencies, and catalyze opportunities for scale. @sapienai transforms enterprise finance with its autonomous coworkers—exemplifying the power of applied AI.
We’re proud to lead Sapien’s $8.7M seed round and welcome @RonNachum, @pranavravella, @AryaGrayeli, and the entire team to the GC Famiglia.
More from @FortuneMagazine → https://t.co/5ZO09WkdEj
While we’ve seen a wave of innovation across the CFO suite over the last few years, Accounts Receivable (AR) remains the “forgotten module” of modern finance. Ali Hussain and his team at Tabs are building an AI-driven platform to revolutionize AR.
We @lightspeedvp are excited to be leading the $7M seed round, joining our NYC friends and previous investors @PrimaryVC on the cap table as Tabs AI automates complex billing and remittance processes to boost bottom lines, saving companies time and money.
Read more on why we invested in Tabs: https://t.co/Bif9S6YwIx
cc @seisler1@arfrank