GoTab, an Arlington, VA-based hospitality commerce platform, closed an $18m Series A funding round.
The round was led by Truist Ventures.
Led by Tim McLaughlin, CEO, GoTab provides a hospitality commerce platform for all sizes of restaurants, breweries, bars, food halls, hotels, resorts, and other venues to run lean, profitable operations while making guests satisfied. The platform includes a point-of-sale (POS) or can optionally integrate with other POS and property management (PMS) systems. GoTab allows patrons to order and pay via staff on the POS, on a kiosk, or using their own mobile devices, according to guest preference and venue operating model(s). Integrated kitchen displays (KDS) and bidirectional messaging are then used for highly optimized operations and delivery. GoTab enables eCommerce, memberships, subscriptions, and deeply integrates with event, reservation, and ticketing systems. Founded in 2016, the company processes over $500M in gross merchandise value (GMV) annually with operations across 39 U.S. states, Canada and growing. . provides a platform that enables operators to run lean, profitable businesses while also providing customized and enhanced guest experiences.
The company intends to use the funds for the development and execution of its product suite for the hospitality sector and stadium and entertainment venues, including further enhancement of its stationary and handheld point-of-sale (POS), kitchen display system (KDS), kiosk, mobile ordering, radio-frequency identification technology (RFID) and payment solutions.
FinSMEs
01/08/2023