We’re excited to make three big announcements today:

• We raised a US$2.5M Seed Round
• We are launching the Tab Corporate + Purchasing Card for Restaurants
• We are now the Official Corporate Card of the Texas Restaurant Association

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→ 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.

We’re incredibly excited to work alongside our new and existing partners to continue building the standard cost control platform for restaurants.

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→ Introducing the Tab Corporate + Purchasing Card

The Tab Corporate + Purchasing Card is the first modern corporate card built just for restaurants. It unifies the benefits of a modern corporate card with purchasing cards and powerful spend control software & tools designed to help restaurants control costs, eliminate overspending, simplify the back office, and grow profit margins.

Key Points:

• Real Cash Back: Restaurants earn unlimited 1% cash back on all purchases using the card as well as discounts and rebates at select vendors.

• Cost Control: Our powerful, easy-to-use spend control software helps restaurants save 7%+⁽¹⁾ on total costs by eliminating overspending, enhancing financial security, and providing real-time visibility on every dollar spent.

• Simple & Scalable: Our cards & software simplify spending across all levels of a restaurant group - from corporate expenses (Corporate Card) down to restaurant-level purchases (Purchasing Card) and manager-level purchases (Manager Card). Easily issue & manage unlimited physical or virtual corporate cards with custom limits, controls, and powerful fraud detection.

Everything we do at Tab has hospitality at its core. Getting started and fully onboarded with Tab takes just 30 minutes. Our white glove onboarding, 24/7/365 live human support, and robust training ensures a seamless experience end-to-end for restaurants of all sizes - from independents to multi-location, franchises, and enterprise.

Get Started or Learn More today.

‍Additionally, you can join us on September 24 at 1pm CT (2pm ET) for our first Tab Sessions, our bi-weekly webinar series with live product demos, customer stories, and more. Register.

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→ 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.

Key Points:

• Additional Cash Back: Restaurant members of the TRA earn an additional 0.25% cash back on purchases using the card, bringing total cash back to 1.25%

• ‍Foundation Support: A percentage of every purchase goes to support the Texas Restaurant Foundation and the critical work they do for Texas’ 57,000+ restaurants.

"The TRA Corporate Card will put significant cash back in the pockets of Texan restaurants while enhancing financial control & profitability. The TRA is committed to the success of restaurants across Texas and our partnership with Tab Commerce furthers that mission."
- Emily Williams Knight, Ed.D., President & CEO, Texas Restaurant Association

To learn more about this first-of-its-kind partnership, view our announcement or our partner landing page.

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About Tab Commerce

Tab Commerce is a financial technology company providing solutions that modernize how restaurants spend money and manage finances. Our team comes from background across the restaurant industry and have been building alongside it since our founding in 2021.

We’re grateful to work alongside this great industry every day and will continue our hard work to drive real value for restaurants. Over the next few months, we’ll be releasing some new powerful financial products built just for restaurants - the card is just the beginning.

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Tab Commerce partners with Stripe Payments Company for money transmission services and account services with funds held at Evolve Bank & Trust, Member FDIC. Tab Visa® Commercial Credit cards are powered by Stripe and issued by Celtic Bank.

1. Our calculations are based on platform data, industry research, customer feedback, and info on alternative options. Your actual savings may vary.