Amsterdam’s Tebi secures €20M to scale its all-in-one financial platform globally
Funding for an all-in-one financial operating system for businesses
Tebi, a rising fintech startup headquartered in Amsterdam, has secured €20 million in a Series A funding round, marking the company’s first institutional investment. The round was led by Index Ventures, a prominent venture capital firm known for its recent backing of Wiz and Scale AI.
With the newly acquired funds, Tebi plans to accelerate product development and scale its operations beyond the Dutch market, aiming to support small and medium-sized businesses across the globe. Currently, Tebi operates with a team of 30 at its Amsterdam base and intends to increase its workforce as it broadens its reach beyond its initial focus on retail and hospitality sectors.
Founded in 2021, Tebi was created by a team of entrepreneurs and industry veterans. Its platform simplifies financial operations for small businesses through a mobile-first solution that integrates point-of-sale systems, payment processing, reservations, inventory management, QR code ordering, and bookkeeping. With a strong accounting foundation, the software provides a single-source overview of all enterprise finances.
Growing locally and going global
Tebi’s steady growth and commitment to innovation is a testament to the vitality of the Amsterdam startup ecosystem. The region hosts numerous local startups like Picnic and BUNQ that have quickly evolved, driven by the city's dynamic tech community. Tebi is set to impact the business software landscape globally, joining other Amsterdam-based startups like Wasteless and Source.ag, taking their innovative software solutions worldwide.