What is TabbedOut?
TabbedOut serves as a comprehensive digital infrastructure provider for the hospitality industry, specifically targeting high-volume bars and pop-up event environments. The platform integrates turn-key digital menus, mobile ordering, and sophisticated payment processing systems into a unified point-of-sale (POS) ecosystem. By providing detailed reporting, real-time analytics, and 24/7 operational support, TabbedOut enables venue operators to optimize revenue streams and enhance the end-user experience. Powered by Union, the company remains at the forefront of innovation, addressing the complex logistical demands of modern event management through scalable, data-driven business tools.
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 Heartland, Morgan Creek Capital Management, and New Enterpise Associates
Series C (2015): $21.5M backed by Morgan Creek Capital Management, Wellington Management Company LLP., and NEA
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
An asset manager specializing in thematic investing, focusing on secular trends such as innovative technology, digital assets, and next-generation consumer models.
Wellington Management Company LLP.
A global, independent investment management firm based in Boston, providing institutional clients with tailored solutions across equities, fixed income, and alternative strategies.
What's next for TabbedOut?
With the successful completion of this major enterprise-level funding, TabbedOut is poised to accelerate its product development roadmap and expand its footprint within the competitive hospitality technology landscape. The strategic focus will likely shift toward deepening its integration capabilities and enhancing the predictive analytics features of its POS system. As the event industry continues to evolve, TabbedOut's ability to provide seamless, secure, and efficient transaction environments will be critical in maintaining its competitive advantage. Investors are expected to monitor the company's progress in capturing additional market share and its potential for further technological disruption in the digital menu and mobile payment space.
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