FinTech of the Day

Tabs – AI co-pilot for finance

Dmitry Prostov

22 Sep 2025 — 1 min read

Finance with a mind of its own.

Tabs builds AI agents to run the entire contract-to-cash cycle for finance teams, drafting invoices, chasing collections, recognizing revenue, and reporting without a spreadsheet in sight.

Its business model is simple: charge a SaaS fee and let the bots do the heavy lifting. In just a few years, the platform has signed up 200+ mid-market customers and automated over $500 million in invoices.

In September, they raised $55 million in Series B led by Lightspeed with General Catalyst, Primary Venture Partners, and WiL (World Innovation Lab), taking total funding past $91 million.

CEO Ali Hussain and co-founders Rebecca Schwartz and Deepak Bapat say their AI agents reduce manual billing by 80% and are already delivering seven-figure revenue. With CFOs finally trusting autonomous workflows, the only question is when every finance department gets an AI co-pilot.

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#fintech #AI #FinanceAutomation #ContractToCash #AccountsReceivable #RevenueRecognition #B2BSaaS #CFO #AIAgents #AutonomousFinance #Billing #Collections #FintechOfTheDay

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