Ex-Adyen co-founder’s Tebi lands EUR30M to give hospitality the OS it never knew it required
Amsterdam-based Tebi, an all-in-one hospitality operating system that helps companies progress, has secured EUR30 million in Series B funding led by Alphabet’s CapitalG. The Dutch company is seeking to broaden its all-in-one OS for hospitality and retail companies. Born out of a basic POS app developed by Arnout Schuijff for his friend’s bar in 2012, the idea has transformed into an OS for the hospitality industry. Tebi has achieved significant traction with merchants in the Netherlands, already processing nine figures every year, demonstrating strong market recognition for its unified platform approach.
Addressing Europe’s EUR500B hospitality software application gap, Tebi’s platform merges point-of-sale, payments, bookings, kitchen displays, inventory, and accounting around a real-time accounting foundation. Just 39 per cent of restaurants take advantage of a point-of-sale application compared to over 95 per cent in the United States, due to traditional payment terminals handling around 76 per cent of SME payment volume according to UBS research. Unlike competitors such as Toast, Tebi differentiates through its all-in-one financial operating system, specifically designed for independent hospitality organizations, incorporating key functions into a single, mobile-first platform with enterprise-level functionalities.
From Adyen co-founder to hospitality transformation
CEO Arnout Schuijff brings over 20 years of payments experience from co-founding Adyen and Bibit, whilst CTO Rob Vonk supplies technical leadership from the same background.
