# Yabie

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

- Industry: Software
- Headquarters: Stockholm, Sweden
- Website: www.yabie.com
- Latest round: Seed (Jun 1, 2017)
- Investors on record: 1

## About

Based in Stockholm, Sweden, Yabie AB develops a sophisticated point-of-sale (POS) system aimed at enhancing payment processing for businesses across various sectors, including hospitality and retail.Yabie AB specializes in providing a comprehensive point-of-sale (POS) solution that streamlines payment processing. The company was founded in 2017 in Stockholm, Sweden, by Mathias Plank, Shiv Ganesh, and Vidya Venkatesh. Since its inception, Yabie has completed 7 deals, with the most recent deal occurring on May 30, 2022. In this round, the company raised EUR 15 million in funding, led by Absolute Unlisted, alongside participation from Swedbank, NFT Ventures, and Brightly Ventures. Notably, Yabie's current valuation stands at EUR 91 million, with a total amount raised of EUR 15 million, corresponding with its latest funding round.Yabie’s primary offering is a comprehensive point-of-sale (POS) system designed for businesses seeking efficient payment solutions. This certified POS system encompasses a full payment processing solution, enabling businesses to manage transactions seamlessly while accessing vital statistics at the push of a button. Yabie targets a diverse customer base, including restaurants, cafes, retail shops, and service providers, facilitating online orders and direct order management through its integrated platform. The POS system is designed to alleviate the frustrations associated with traditional cash registers, making it adaptable for various sectors within the hospitality and retail industries. Yabie’s products are marketed primarily in Sweden and extend to other European markets, focusing on providing user-friendly and mobile solutions that free up business owners' time for more meaningful endeavors.For the year 2023, Yabie reported revenue of EUR 13,303,707 and an EBITDA of EUR -13,768,956. Yabie generates revenue through a subscription-based model for its POS services, wherein businesses pay a monthly fee for access to the system and its features. The pricing structure includes various plans tailored to the needs of different types of businesses, such as simple mobile solutions for small vendors, and fully-featured solutions for larger retail operations. Transactions are typically processed through the integrated payment features, which may include credit card processing, mobile payment options like Swish, and financing solutions such as Klarna. This structured transaction flow ensures that clients can efficiently handle sales while leveraging Yabie’s technological advantages. Additionally, Yabie’s business model supports direct-to-consumer sales as well as partnerships with retailers, enhancing its market reach and facilitating a steady revenue stream from its diverse client base.Yabie plans to utilize the EUR 15 million raised in May 2022 to accelerate the development of its platform and expand into new markets. The company is targeting further penetration in Europe, focusing on enhancing its product offerings and introducing new features aimed at improving customer experience. By investing in research and development, Yabie aims to launch innovative services that will cater to the evolving needs of its clients. The goal is to solidify its presence in existing markets while exploring opportunities for growth in additional geographical regions.

## Funding rounds

- Seed, Jun 1, 2017 — NFT Ventures

## Investors

- NFT Ventures (https://capitalatlas.ai/funds/nft-ventures) — Seed