Company Overview
Snapshot
Founded in March 2014 by Barry Shaked and Nadav Solomon, Tabit operates with 201–500 employees. The company has raised a total of $104.7M across 5 funding rounds from 4 investors.
Business overview
Tabit provides a mobile-first restaurant operating system, offering cloud-based solutions designed to enhance efficiency, profitability, and customer satisfaction for restaurants and hotels. Its core technology includes online ordering and payment, corporate visibility and control for multi-unit operators, ownership oversight, and business performance analysis. The platform aims to protect restaurant profit margins by mitigating inflated transaction and processing fees, serving the hospitality and food retail sectors in markets such as Israel, the United States, and Australia.
Strategic signal
In May 2023, Tabit Technologies announced a strategic partnership with OpenTable, a move that significantly expands Tabit's market reach and integration capabilities within the restaurant reservation ecosystem. This collaboration signals to investors a strong validation of Tabit's mobile-first POS technology and its potential for deeper penetration into the global hospitality market, enhancing its value proposition for restaurant operators seeking integrated solutions.
Log in to access full profile ›Company Intelligence Q&A
- What is Tabit's primary focus?
- Tabit specializes in providing a mobile-first restaurant operating system, offering cloud-based solutions to enhance efficiency, profitability, and customer satisfaction for restaurants and hotels.
- When was Tabit founded and by whom?
- Tabit was founded in March 2014 by Barry Shaked and Nadav Solomon.
- Has Tabit recently expanded its market presence through partnerships?
- In May 2023, Tabit Technologies announced a partnership with OpenTable, a move that expands its integration capabilities within the restaurant reservation ecosystem.
- What was a key recognition Tabit received in 2022?
- In November 2022, Globes and Statista recognized Tabit among Israel's 100 fastest-growing companies.