# GoTab

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/gotab

- Industry: Internet
- Headquarters: Arlington, US
- Website: www.gotab.com/
- Total disclosed funding: $18M
- Latest round: Series A (Jan 19, 2023)
- Investors on record: 1

## About

GoTab, Inc. is an innovative entertainment commerce platform that enhances guest experiences through advanced Point of Sale (POS) systems, enabling seamless mobile ordering and efficient service operations across various hospitality venues.GoTab, Inc. was founded in 2016 in Arlington, US, offering a platform that integrates POS technology to improve service efficiency for restaurants, breweries, hotels, and entertainment venues. The company has completed 2 deals, with the most recent funding occurring on January 19, 2023. GoTab secured USD 18.48 mn in a Series A funding round led by Truist Ventures, bringing its total funding to USD 18.48 mn and current valuation to USD 81.982 mn. The founders, Alexander Marion and Paige Cantlin, have a history of entrepreneurial endeavors, with Tim McLaughlin serving as the CEO.GoTab provides a comprehensive entertainment commerce platform tailored for restaurants, breweries, hotels, and entertainment venues. Their offerings include a sophisticated Point of Sale (POS) system that enhances guest satisfaction through Mobile Order & Pay solutions, streamlining operations with a Kitchen Display System (KDS), handheld POS devices, and self-ordering kiosks. These products are utilized across diverse markets in North America and select international locations, catering to a wide range of clients from fine dining to fast-casual outlets.GoTab generates revenue through a subscription-based model, providing access to its variety of products and services, including POS systems and Mobile Order & Pay solutions. Their revenue streams also include hardware sales like tablets and kiosks, essential for the platform's operation in high-traffic environments. Their flexible pricing accommodates various business sizes, and each package may offer tailored support services, enhancing user experience and operational efficiency.In January 2023, GoTab secured USD 18.48 mn in a Series A funding round led by Truist Ventures, which will be utilized to develop their product suite. The company aims to expand its offerings and enhance its technology infrastructure. Additionally, GoTab is looking to penetrate new markets, specifically targeting urban centers in North America and potential international expansions, though specific release dates for new products and geographic targets have yet to be disclosed.

## Funding rounds

- Series A, Jan 19, 2023, $18M — Truist Ventures

## Investors

- Truist Ventures (https://capitalatlas.ai/funds/truist-ventures) — Series A