Amsterdam-based Tebi, an all-in-one financial operating system for hospitality businesses, has secured €30m in new funding as it looks to scale its operations globally.
The round was led by CapitalG, Alphabet’s independent growth fund, with participation from existing backer Index Ventures. The investment brings Tebi’s total funding to €56m, following a €20m Series A round completed just six months ago.
Founded in 2021 by former Adyen executives, including serial entrepreneur and former Adyen CTO Arnout Schuijff as CEO, and Rob Vonk as CTO, Tebi is rethinking how hospitality businesses manage their operations. The company provides a unified, mobile-first platform that integrates point of sale, payments, kitchen display systems, reservations, inventory management, QR ordering and bookkeeping—built on a robust accounting core.
With this latest investment, Tebi plans to accelerate product development, expand into new markets, and grow its team. The company has announced its entry into the UK market starting today, marking the first step in a broader international growth strategy.
The business is already active in the Netherlands, where merchants are processing nine-figure payment volumes annually through the platform. Tebi currently employs 35 staff and aims to double its workforce by year-end, with hiring underway in both Amsterdam and London.
Tebi CEO Arnout Schuijff said, “Hospitality businesses are the lifeblood of our communities, yet they’ve been underserved by technology, especially here in Europe.
“No one opens a restaurant or store because they love paperwork and integrating tools; they do it for the passion of serving people. It’s a privilege to build a world-class team devoted to empowering European business owners to free up time to focus on the craft and customers they cherish.”
CapitalG partner Alex Nichols said, “We are thrilled to partner with Tebi as they build the operating system for hospitality businesses.
“Even though most small business front and back office workflows revolve around payments, three-quarters of Europe’s SMB payments are disconnected from software. By unifying these disjointed systems, Tebi is bringing greater efficiency and visibility to small business owners’ daily work. Arnout and his team combine focused customer centricity, speed, and unique founder-market fit. We couldn’t imagine a better team to pursue this massive opportunity.”
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