I'm excited to share three big announcements from Tab today.
1/ 𝗪𝗲 𝗿𝗮𝗶𝘀𝗲𝗱 𝗮 𝗨𝗦$𝟮.𝟱𝗠 𝗦𝗲𝗲𝗱 𝗥𝗼𝘂𝗻𝗱. Led by Toba Capital with participation from Matchstick Ventures, Mucker Capital, Cascade Seed Fund, and others. This brings our total capital raised to US$4M.
2/ 𝗧𝗼𝗱𝗮𝘆, 𝘄𝗲 𝗮𝗿𝗲 𝗹𝗮𝘂𝗻𝗰𝗵𝗶𝗻𝗴 𝘁𝗵𝗲 𝗧𝗮𝗯 𝗖𝗼𝗿𝗽𝗼𝗿𝗮𝘁𝗲 𝗖𝗮𝗿𝗱 𝗳𝗼𝗿 𝗥𝗲𝘀𝘁𝗮𝘂𝗿𝗮𝗻𝘁𝘀 𝘄𝗶𝘁𝗵 𝘂𝗻𝗹𝗶𝗺𝗶𝘁𝗲𝗱 𝟭% 𝗰𝗮𝘀𝗵 𝗯𝗮𝗰𝗸. This is the first modern corporate card built just for restaurants. Our team has been working very hard alongside our restaurant partners for many months and the feedback has been incredible.
Unifying corporate cards with spend control software built just for restaurants unlocks some significant benefits that help control costs and meaningfully grow profit margins.
3/ 𝗪𝗲 𝗮𝗿𝗲 𝗽𝗮𝗿𝘁𝗻𝗲𝗿𝗶𝗻𝗴 𝘄𝗶𝘁𝗵 𝘁𝗵𝗲 Texas Restaurant Association 𝘁𝗼 𝗹𝗮𝘂𝗻𝗰𝗵 𝘁𝗵𝗲 𝗧𝗥𝗔 𝗖𝗼𝗿𝗽𝗼𝗿𝗮𝘁𝗲 𝗖𝗮𝗿𝗱 𝗳𝗼𝗿 𝗥𝗲𝘀𝘁𝗮𝘂𝗿𝗮𝗻𝘁𝘀. Powered by Tab Commerce, the first-of-its-kind TRA Corporate Card unifies the benefits of a modern corporate card, powerful spend control software, and the leading business association for the 57,000 restaurants across Texas.
As the Official Corporate Card of the Texas Restaurant Association, members earn an additional 0.25% cash back and each purchase supports the critical work of the Texas Restaurant Foundation.
I'm grateful to the entire Tab Team, our new partners, the Texas Restaurant Association, and the many restaurants we work alongside.
Reach out to me or visit our site tabcommerce.com to learn more, read the full announcement, and get started with Tab.
We’re excited to make three big announcements today:
• We raised a US$2.5M seed round
• We are launching the Tab Corporate Card for Restaurants
• We are now the Official Corporate Card of the Texas Restaurant Association
→ 𝗢𝘂𝗿 𝗨𝗦$𝟮.𝟱𝗠 𝗦𝗲𝗲𝗱 𝗥𝗼𝘂𝗻𝗱
The round was led by Toba Capital with participation from existing investors Matchstick Ventures and Mucker Capital and new investors Cascade Seed Fund, as well as several restaurant customers. This brings our total capital raised to US$4M.
→ 𝗜𝗻𝘁𝗿𝗼𝗱𝘂𝗰𝗶𝗻𝗴 𝘁𝗵𝗲 𝗧𝗮𝗯 𝗖𝗼𝗿𝗽𝗼𝗿𝗮𝘁𝗲 𝗖𝗮𝗿𝗱
The Tab Corporate Card is the first modern corporate card built just for restaurants. It unifies the benefits of a modern corporate card with powerful spend control software & tools designed to help restaurants control costs, eliminate overspending, simplify the back office, and grow profit margins while earning 𝘂𝗻𝗹𝗶𝗺𝗶𝘁𝗲𝗱 𝟭% 𝗰𝗮𝘀𝗵 𝗯𝗮𝗰𝗸.
→ 𝗧𝗵𝗲 𝗢𝗳𝗳𝗶𝗰𝗶𝗮𝗹 𝗖𝗼𝗿𝗽𝗼𝗿𝗮𝘁𝗲 𝗖𝗮𝗿𝗱 𝗼𝗳 𝘁𝗵𝗲 𝗧𝗲𝘅𝗮𝘀 𝗥𝗲𝘀𝘁𝗮𝘂𝗿𝗮𝗻𝘁 𝗔𝘀𝘀𝗼𝗰𝗶𝗮𝘁𝗶𝗼𝗻
We’re excited to announce our partnership with the Texas Restaurant Association and the launch of the 𝗧𝗥𝗔 𝗖𝗼𝗿𝗽𝗼𝗿𝗮𝘁𝗲 𝗖𝗮𝗿𝗱, the Official Corporate Card of the Texas Restaurant Association.
Powered by Tab Commerce, the TRA Corporate Card unifies the benefits of a modern corporate card, powerful spend control software, and the leading business association for the 57,000 restaurants across Texas. Restaurant members of the TRA unlock an additional 0.25% cash back and every purchase supports the critical work of the Texas Restaurant Foundation.
We're incredibly grateful to be working alongside our new partners to help restaurants better control costs & grow profit margins.
To read the full announcement and learn more about Tab, visit tabcommerce.com.
Tab Commerce - Corporate Card for Restaurants
tabcommerce.com