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CapitalG led a €30m funding round in Tebi.

Synopsis

CapitalG, an Alphabet's growth fund, led a €30m funding round in Tebi, all-in-one financial operating system for hospitality comapany, with participation from Index Ventures. "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,” Arnout Schuijff, Tebi co-founder and CEO.

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