- Tebi, a Netherlands-based fintech start-up, has raised €20 million in a Series A funding round led by Index Ventures.
- Founded in 2021, Tebi was co-founded by Arnout Schuijff (Adyen co-founder and ex-CTO) and Rob Vonk (former Adyen EVP of Technology).
- Tebi’s mobile-first platform is tailored to independent hospitality and retail businesses and includes features like reservations, inventory management, QR ordering, bookkeeping, and integrated point-of-sale/payment systems.
- The app is designed with an accounting backbone, offering a single source of financial data for businesses.
- The platform offers revenue-based pricing, with no charges for additional users, devices, or locations, and is free for businesses below a certain revenue threshold.
- The funding will be used to expand beyond the Netherlands, grow the workforce, and broaden product offerings to other sectors.
- Tebi employs 30 staff and is 15% employee-owned.
- The company’s mission is to provide enterprise-level capabilities with the intuitive experience of a consumer app.
