Amsterdam-based Tebi Announces €30 Million Investment Led by Alphabet growth fund CapitalG to transform hospitality operations
AMSTERDAM--(BUSINESS WIRE)--Tebi, the Amsterdam-based startup developing an all-in-one financial operating system for hospitality, today announced a €30 million investment led by Alphabet independent growth fund CapitalG, with participation from existing investor Index Ventures. This follows Tebi's €20 million Series A announced just six months ago and brings the company's total funding to €56 million.
The financing reflects the company's momentum across product innovation, hiring and expansion into new markets. The investment will support Tebi's continued growth in these key areas of focus.
The company was founded in 2021 by technical alumni from Adyen, a €45B Dutch company, including serial entrepreneur Arnout Schuijff as CEO and Rob Vonk as CTO. Tebi is the third company co-founded by Schuijff, who previously served as Adyen's longtime CTO and co-founder.
Aki Tas, former head of business strategy and operations at Notion, joined last fall as COO to lead the product, marketing, and foundation teams, and Patrick Studener, former COO at Wolt (now part of Doordash) and previous head of European expansion at Uber, joined at the beginning of the year as CCO to lead operational teams.
The investment will fuel Tebi's mission to transform operations for hospitality businesses worldwide. Until now, businesses have had to cobble together difficult-to-use solutions that lack key features, handle back-office tasks slowly and manually, and make it difficult to assess business performance. Tebi is rethinking hospitality technology from the ground-up, unifying the point of sale, payments, inventory management, a kitchen display system, reservations, and QR ordering functionality through an intuitive, mobile-first platform built on an accounting backbone. By being built around the point of sale, Tebi can coordinate both operations and finances for complex hospitality businesses. AI-enabled onboarding enables businesses to get started quickly, while the comprehensive platform simplifies and unifies workflows and makes key business metrics easily viewable.
Merchants across the Netherlands are already processing nine figures of payments annually on the platform. With this new investment, Tebi plans to accelerate product development, expand its reach globally, and grow its team. Beginning today, Tebi will also begin serving the UK market, marking the beginning of a broader global expansion strategy (UK customers can find Tebi at tebi.com/gb/).
"Hospitality businesses are the lifeblood of our communities, yet they've been underserved by technology, especially here in Europe," said Arnout Schuijff, co-founder and CEO of Tebi. "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.'
'We are thrilled to partner with Tebi as they build the operating system for hospitality businesses,' said Alex Nichols, Partner at CapitalG. '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.'
"Moving from disconnected systems – our previous POS software, a separate reservations platform, paper kitchen tickets, and a standalone payments provider – to Tebi's single integrated platform led us to embrace a new mindset at Zoldering. We approached it as if we were starting fresh, letting go of old habits to realize a seamless workflow from reservation to service to kitchen. Tebi has not just replaced our old systems; it has enabled a new way of working by unifying our data, streamlining communication between front and back of house, and offering the flexibility to adapt workflows to our specific needs – exactly what's required to maintain the standards expected of a Michelin-starred restaurant,' said Tomas and Job from Zoldering.
Tebi currently employs 35 people and is planning to double its headcount by the end of the year with roles open in Amsterdam and London.
About Tebi
Tebi is an all-in-one financial operating system for independent hospitality businesses. Founded in 2021, Tebi provides a comprehensive, mobile-first solution that includes point of sale, integrated payments, a kitchen display system, reservations, inventory management, QR ordering, and bookkeeping. With its unique pricing model and commitment to merchant success, Tebi is dedicated to empowering hospitality businesses everywhere. To learn more about adopting Tebi for your business, visit www.tebi.com.
Tebi is currently hiring across all functions, including engineering, product management and operations in both Amsterdam and London. Visit Tebi's careers page to see all open positions.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
15 minutes ago
- Yahoo
Nvidia chief calls AI ‘the greatest equalizer' — but warns Europe risks falling behind
PARIS (AP) — Will artificial intelligence save humanity — or destroy it? Lift up the world's poorest — or tighten the grip of a tech elite? Jensen Huang, the global chip tycoon, offered his opinion on Wednesday: neither dystopia nor domination. AI, he said, is a tool for liberation. Wearing his signature biker jacket and mobbed by fans for selfies, the Nvidia CEO cut the figure of a tech rockstar as he took the stage at VivaTech in Paris. 'AI is the greatest equalizer of people the world has ever created,' Huang said, kicking off one of Europe's biggest technology industry fairs. But beyond the sheeny optics, Nvidia used the Paris summit to unveil a wave of infrastructure announcements across Europe, signaling a dramatic expansion of the AI chipmaker's physical and strategic footprint on the continent. In France, the company is deploying 18,000 of its new Blackwell chips with startup Mistral AI. In Germany, it's building an industrial AI cloud to support manufacturers. Similar rollouts are underway in Italy, Spain, Finland and the U.K., including a new AI lab in Britain. Other announcements include a partnership with AI startup Perplexity to bring sovereign AI models to European publishers and telecoms, a new cloud platform with Mistral AI, and work with BMW and Mercedes-Benz to train AI-powered robots for use in auto plants. The announcements reflect how central AI infrastructure has become to global strategy, and how Nvidia — the world's most valuable chipmaker — is positioning itself as the engine behind it. At the center of the debate is Huang's concept of the AI factory: not a plant that makes goods, but a vast data center that creates intelligence. These facilities train language models, simulate new drugs, detect cancer in scans, and more. Asked if such systems risk creating a 'technological priesthood' — hoarding computing power and stymying the bottom-up innovation that fueled the tech industry for the past 50 years — Huang pushed back. 'Through the velocity of our innovation, we democratize,' he told The Associated Press. 'We lower the cost of access to technology.' As Huang put it, these factories 'reason,' 'plan,' and 'spend a lot of time talking to' themselves, powering everything from ChatGPT to autonomous vehicles and diagnostics. But some critics warn that without guardrails, such all-seeing, self-reinforcing systems could go the way of Skynet in ' The Terminator ' movie — vast intelligence engines that outpace human control. 'Just as electricity powered the last industrial revolution, AI will power the next one,' he said. 'Every country now needs a national intelligence infrastructure.' He added: 'AI factories are now part of a country's infrastructure. That's why you see me running around the world talking to heads of state — they all want AI to be part of their infrastructure. They want AI to be a growth manufacturing industry for them.' Europe, long praised for its leadership on digital rights, now finds itself at a crossroads. As Brussels pushes forward with world-first AI regulations, some warn that over-caution could cost the bloc its place in the global race. With the U.S. and China surging ahead and most major AI firms based elsewhere, the risk isn't just falling behind — it's becoming irrelevant. Huang has a different vision: sovereign AI. Not isolation, but autonomy — building national AI systems aligned with local values, independent of foreign tech giants. 'The data belongs to you,' Huang said. 'It belongs to your people, your country... your culture, your history, your common sense.' But fears over AI misuse remain potent — from surveillance and deepfake propaganda to job losses and algorithmic discrimination. Huang doesn't deny the risks. But he insists the technology can be kept in check — by itself. 'In the future, the AI that is doing the task is going to be surrounded by 70 or 80 other AIs that are supervising it, observing it, guarding it, ensuring that it doesn't go off the rails.' The VivaTech event was part of Huang's broader European tour. He had already appeared at London Tech Week and is scheduled to visit Germany. In Paris, he joined French President Emmanuel Macron and Mistral AI CEO Arthur Mensch to reinforce his message that AI is now a national priority. — Chan reported from London.
CNBC
19 minutes ago
- CNBC
Market has priced a benign impact from tariffs, Goldman Sachs analyst says
Goldman Sachs' Head of European Financials Research Chris Hallam discusses the impact of tariffs on the European financials sector and its outlook on the sidelines of the bank's European Financials Conference
Yahoo
21 minutes ago
- Yahoo
Blackwater: Europe Leads ETF Industry Compensation Growth
Exchange-traded fund industry compensation growth varies dramatically by region and role, with European professionals seeing the largest gains despite the United States maintaining its position as the highest-paying market, according to Blackwater's 2025 Global ETF Industry Salary Survey. European ETF professionals experienced a 13% year-over-year increase in compensation, reflecting the region's market expansion and competition for experienced talent, according to the report. Asia-Pacific saw a 6% increase, driven by ETF growth in emerging markets and increased institutional adoption, while Americas compensation rose 5%. The survey shows that despite macro headwinds, ETF professionals are seeing healthy compensation growth, with differences across roles, regions and seniority levels. The United States remains the top-paying region globally, offering salaries 35% higher than Europe and 27% higher than Asia-Pacific, according to the survey. The average total compensation across all ETF professionals reached $339,000, with bonuses averaging 62% of base salary. Trading roles emerged as the highest earners at $510,000 on average, reflecting the premium placed on liquidity provision and execution expertise, according to the report. Operations roles lagged behind at $197,000, highlighting the disparity between front and back-office compensation. Heads of business command an average of $1.1 million, reinforcing the value placed on leadership and revenue-generating capabilities, the survey found. Product roles experienced a 16% jump since 2024, driven by demand for innovation in ETF design and strategy. The survey revealed changes in compensation patterns across different career levels. Analyst-level pay remained flat year over year, suggesting limited upward pressure at entry level, according to the report. Associate-level compensation increased 8%, indicating what the report described as a "juniorfication" trend, where firms are leaning on more junior talent for mid-level responsibilities. The report identified eight key challenges facing ETF professionals, including fee compression suppressing compensation and limited market size restricting opportunities. The survey noted that the low-margin nature of ETFs combined with ongoing price wars directly impacts how much firms are willing or able to pay. Gender pay disparities persist across the industry, with women in ETFs earning 20% less than men on average, according to the survey. The report called this "a stark reminder that gender pay disparity remains a challenge in the industry." The 2025 Global ETF Industry Salary Survey reflects input from over 1,000 ETF professionals worldwide, according to Blackwater, a specialist talent and education firm dedicated exclusively to the global ETF industry. The firm has conducted the survey for four years in response to market demand for clear compensation | © Copyright 2025 All rights reserved Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
