AI finance platform Tabs raises $55m Series B

September 17, 2025

Tabs, the New York–based AI-native revenue platform designed for modern finance teams, has announced the close of a $55m Series B funding round.

The round was led by Lightspeed Venture Partners, with participation from General Catalyst, Primary Venture Partners, and World Innovation Lab (WiL). With this latest investment, Tabs has now raised more than $91m in total funding.

Founded in 2023, Tabs provides automation tools for finance teams across the entire contract-to-cash lifecycle. The platform eliminates manual work by using AI agents to handle billing, collections, revenue recognition, and reporting.

Its offering aims to address inefficiencies in revenue management, which continues to rely heavily on manual ERP workflows and fragmented systems despite significant innovation in payments and payroll.

The company plans to use the fresh capital to accelerate its agent roadmap, strengthen its New York engineering and AI research operations, and increase adoption among high-growth technology and B2B firms.

Tabs has experienced rapid growth, now serving over 200 customers including Cursor and Statsig. In the past year, it has automated more than $500m in invoice volume and helped customers cut over 80% of manual billing and invoicing tasks, contributing to a fivefold increase in annual recurring revenue.

Ali Hussain, CEO and co-founder of Tabs said, “Revenue in is the hardest and most valuable workflow in the enterprise, yet finance teams are still stuck with legacy ERPs. Tabs is bringing modern AI agents to the CFO’s office, starting with billing, complex enterprise contract management, and collections, so companies can collect cash faster and reduce time spent on manual work.”

Lightspeed partner Justin Overdorff said, “Tabs is fundamentally changing how finance teams work, eliminating manual processes that have plagued revenue workflows for decades.

“The team has combined deep finance expertise with purpose-built AI agents for revenue processing and tracking, and the rapid customer adoption we’re seeing validates just how ready the market is for this transformation.”