What is TabbedOut?
TabbedOut operates as a comprehensive digital solution tailored for the complexities of pop-up bar events and high-volume hospitality environments. By integrating turn-key digital menus, mobile ordering, and robust payment processing, the platform serves as a critical operational backbone for event organizers. The system is designed to streamline transaction workflows, provide granular business analytics, and enhance the end-user experience through seamless digital interaction.
Powered by Union, the platform addresses the specific pain points of event-based businesses, such as rapid throughput requirements and the need for real-time reporting. By digitizing the traditional bar experience, TabbedOut positions itself as a vital tool for operators looking to optimize revenue and maintain a competitive edge in the fast-paced event industry.
How much funding has TabbedOut raised?
TabbedOut has raised a total of $39.4M across 6 funding rounds:
Angel/Seed
$500K
Series A
$5.8M
Debt
$3.5M
Series B
$7.8M
Series C
$21.5M
Debt
$350K
Angel/Seed (2009): $500K, investors not publicly disclosed
Series A (2011): $5.8M, investors not publicly disclosed
Debt (2012): $3.5M supported by New Enterprise Associates
Series B (2013): $7.8M featuring New Enterpise Associates, Heartland, and Morgan Creek Capital Management
Series C (2015): $21.5M backed by NEA, Morgan Creek Capital Management, and Wellington Management Company LLP.
Debt (2020): $350K with participation from PPP
Key Investors in TabbedOut
New Enterprise Associates
Established in 1977 and headquartered in Menlo Park, California, New Enterprise Associates is a venture capital firm focused on helping entrepreneurs build transformative businesses.
Morgan Creek Capital Management
Morgan Creek Capital Management is an asset manager that utilizes an endowment-like approach to target opportunistic investments, focusing on secular trends such as innovative technology and next-generation consumer models.
Wellington Management Company LLP.
Wellington Management Company is a global, independent investment management firm providing institutional clients with tailored solutions across equities, fixed income, and alternative strategies.
What's next for TabbedOut?
With the support of its latest strategic financing, TabbedOut is well-positioned to deepen its market penetration and enhance its technological suite. The company's focus on high-volume event management suggests a strategic pivot toward further automation and data-driven insights, which are essential for scaling operations in the post-pandemic hospitality landscape.
Future growth will likely center on expanding the platform's integration capabilities and refining its analytics engine to provide deeper value to enterprise clients. As the event industry continues to embrace digital transformation, TabbedOut's established infrastructure provides a stable foundation for sustained innovation and long-term market leadership.
