Tabby is building an AI bookkeeping service intended to give small businesses current financial records without requiring owners to operate conventional accounting software. The product imports live account data through Plaid and turns it into a dashboard showing profit, loss and other measures of financial health.
Founder Ahad Ali previously ran an accounting operation that handled more than 2,000 tax returns a year. His premise is that small companies want completed bookkeeping rather than a better interface for doing the work themselves. Tabby also offers a version for accounting firms and is preparing Tabby Talk, a natural-language interface for asking questions about company finances.
Fourteen months after launch, the seven-person company says 5,500 small businesses use the platform. It reports roughly $100,000 in annual recurring revenue and is raising a $1 million pre-seed round. Those figures show early adoption but also a large gap between user count and current subscription revenue.
Competition includes established products such as QuickBooks, specialized startups and finance tools from major AI providers. Automated records also need the accuracy and controls expected of financial systems; the report did not provide an independent error rate or audit results. Tabby’s opportunity is to reduce routine paperwork, but small firms will still need confidence that automated classifications and summaries match their actual books.