
Tabs Secures $55M Series B to Launch AI Billing Agents
Key highlights
- $55M Series B led by Lightspeed, with support from General Catalyst and Primary
- 5X ARR growth and serving over 200 customers, including Cursor and Statsig
- Launch of AI-powered Billing and Collections Agents to automate 80%+ of manual finance work
- Helping customers manage over $1B in annual invoice volume
- Agents support real-time invoicing, payment reconciliation, and revenue tracking
Source: Direct
Notable Quote
“ This raise gives us the fuel to move faster on our agent roadmap, expand our engineering and AI research in New York, and help more companies cut out manual finance work for good. To our customers and partners, thank you for pushing us to build better and faster. And to our team, you’ve proven that finance and AI expertise together can tackle one of the biggest problems in enterprise software. ”
Ali Hussain, CEO & Co-Founder at Tabs
Why This Matters
Tabs’ $55M Series B marks a pivotal moment in enterprise finance automation. While much of finance has embraced digital transformation, revenue workflows have lagged behind. Tabs’ AI-native Agents aim to end this “manual era,” tackling invoice generation, collections, and revenue recognition at scale. With finance talent shortages and increasingly complex pricing models, automation isn’t just a convenience—it’s a necessity. Tabs is positioning itself as a key player in redefining how modern CFOs build leaner, more agile finance teams.