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2024 Revenue

$768.6K(Est.)

Customers · 2022

70

Team

3

Founded

2019

TABS Suite Revenue (2024)

TABS Suite generated an estimated $768.6K in annual revenue in 2024. Source: GetLatka estimate

TABS Suite is a diligence-as-a-service SaaS platform built on proprietary machine learning and artificial intelligence that enables investors, including angel investors, micro VCs, venture capital firms, and SBA lenders, to perform quantitative analysis on the qualitative attributes of early-stage and growth-stage companies. The platform generates dynamic assessment reports in lieu of traditional investment memos, reducing the time and cost of the diligence process. Founded in 2019 and headquartered with a distributed engineering team across India and Singapore, TABS Suite operated on a token-based SaaS model with pricing ranging from $500 per month to $75,000 per year.

In August 2022, TABS Suite was acquired by Pre-IPO Corporation, a private and secondary market securities firm, in a deal initially reported at $20,800,000 before being finalized at a slightly lower figure. The cash component of the transaction was $5,000,000, with the remainder structured as equity in Pre-IPO Corporation. At the time of the acquisition, the company had approximately 70 paying customers, a team of seven engineers, and was operating at roughly breakeven. The platform had processed more than one million lines of iterated machine learning and AI code.

Unnat Bak, who was 28 at the time of the interview, built TABS Suite as an entrepreneur in residence within a fund that provided $500,000 in seed capital. He has founded four SaaS companies in total. Post-acquisition, Bak and the engineering team transitioned into Pre-IPO Corporation, where the TABS Suite technology is being integrated into the firm's broader investment intelligence offering.

Last updated

TABS Suite Revenue

TABS Suite generated an estimated $768.6K in annual revenue in 2024.

TABS Suite did not cross $1,000,000 in combined revenue in its last full year of independent operation. Unnat Bak confirmed to Latka that total revenue for the trailing period before the acquisition was below $1,000,000, spanning both SaaS subscription fees and consulting revenue.

TABS Suite Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$200K$400K$600K$800K$1M201920202021202220232024$0$350K$840K$456.2K$768.6KSource: GetLatka.com
YearMilestoneSource
2024TABS Suite Hit $768.6k revenue in October 2024Estimated
2023TABS Suite Hit $456.2k revenue in November 2023Estimated
2022TABS Suite Hit $840k revenue in August 2022Not recorded
2021TABS Suite Hit $350k revenue in June 2021Not recorded
2019Launched with $0 revenue

The platform's first paying customer came on board in March 2020 and paid $1,000, handed over a restaurant table. Pricing ranged from $500 per month at the entry level to $75,000 per year or more at the high end, with the average contract value settling around $30,000 per year for enterprise SaaS agreements. Three to four such annual SaaS contracts were signed at the $30,000 to $50,000 mark. A consulting revenue stream emerged alongside the SaaS model, with individual consulting engagements generating $30,000 to $50,000 per ticket. The company had approximately 70 paying customers at the time of the acquisition.

The host noted that 70 customers at roughly $1,000 per month would imply approximately $70,000 per month, or a run rate approaching $840,000 annually, but Bak clarified that revenue was not fully recurring and that the company had deliberately paused pipeline activity to pursue the acquisition. Profitability at exit was described as breakeven.

Founder / CEO

Unnat Bak

Co-Founder and Chief Strategy Officer

Unnat Bak, confirmed as CEO of TABS Suite by the known people roster, was 28 years old at the time of the August 2022 interview. He describes himself as a non-technical founder and has built four SaaS companies in total. He served as entrepreneur in residence at a fund that provided the $500,000 in seed capital used to build TABS Suite, and his ownership structure in the company was tied to that EIR arrangement rather than a direct equity stake.

Bak began schema diagramming for TABS Suite in October 2019 while still working on his prior business, a pattern he described as typical for serial entrepreneurs. Over the course of the roughly two-and-a-half-year build, he taught himself Figma and took on the role of head of product, designing features that an overseas engineering team would build overnight. He described a cycle in which he would review builds each morning and iterate while the team worked on his prior day's designs.

The prior business Bak built before TABS Suite was acquired by Pre-IPO Corporation as part of the same transaction. The deal for that prior company was valued at slightly under $20,800,000 with a $5,000,000 cash component, representing a 10 to 12 times return on direct capitalized costs. Bak noted that this multiple does not account for founder time or IP value, which he acknowledged is a longstanding tension between founders and investors. Post-acquisition, Bak and his engineering team joined Pre-IPO Corporation to continue building the TABS Suite technology within that firm.

Q&A

QuestionAnswer
What's your age?31

Customers

TABS Suite had approximately 70 paying customers in the twelve months prior to its acquisition, as confirmed by Unnat Bak. The customer base included individual angel investors, angel funds, micro VCs, large venture capital firms, SBA lenders, and government organizations. Bak noted that raw customer count was not the most meaningful metric given the platform's usage patterns: some customers ran incubator and accelerator programs generating thousands of assessments, while others used the platform on a per-deal basis.

Pricing ranged from $500 per month at the entry level to $75,000 per year or more at the high end. The average contract value for enterprise SaaS agreements was approximately $30,000 per year. Bak described the product as high-touch, requiring multiple demos and approaching enterprise-level engagement even at the $500 tier. The company experimented with several pricing models, including percentage of assets under management, percentage of capital deployed, per-assessment fees, and flat SaaS tiers with assessment credit blocks, before settling on a token-based model. An SBA lender from Colorado, even after turning off its own funnels, was still passively generating three to four assessment submissions per day through the platform at the time of the interview.

TABS Suite serves 70 customers.

TABS Suite Business Model

TABS Suite operated a token-based SaaS model in which investors purchased credits, called tabs tokens, to create custom assessments covering areas such as financial fundraising, product-market fit, and data room preparation. Customers could embed assessment links as buttons on their websites or trigger them via email drips using Zapier integrations. Pricing ranged from $500 per month to $75,000 per year, with customers able to purchase additional tokens a la carte or automatically upgrade to a higher tier when their allocation was exhausted.

A consulting revenue stream developed alongside the SaaS model. When assessments identified gaps in a portfolio company, TABS Suite connected those companies with service providers, generating consulting tickets of $30,000 to $50,000 each. Three to four enterprise SaaS agreements were signed at the $30,000 annual mark, with at least one SBA lender customer planning to expand its deployment to 10 to 14 additional sub-accounts at the same $30,000 per year price point, creating a hub-and-spoke pipeline that Bak described as generating an astronomical implied run rate.

The platform processed more than one million lines of iterated machine learning and AI code, which Bak cited as the primary measure of platform usage. The company was operating at breakeven at the time of the acquisition. Revenue was below $1,000,000 for the trailing twelve months, combining both SaaS and consulting fees. The company did not disclose gross margin, churn, LTV, CAC, or net revenue retention, and those metrics were not discussed in the interview.

Point-in-time figures shared on the GetLatka podcast, each linked to the exact moment it was said on camera.

Customers (2022)

70

“Nathan Latka: How many folks spent at least a dollar on the platform over the past the prior twelve months before the acquisition? Unnat Bak: Let's say about 70.”

Watch

TABS Suite Employees & Team Size

TABS Suite had a team of approximately seven people at the time of the acquisition. Unnat Bak described the headcount as approximate because several long-term contractors were effectively full-time contributors without being formally on the payroll. All seven engineers were based overseas, split between India and Singapore, and had worked with Bak across multiple prior companies. As part of the acquisition terms, the top-tier engineering talent was absorbed into Pre-IPO Corporation.

TABS Suite employs approximately 3 people as of 2026. It serves 70 customers that rely on its solutions.

TABS Suite Team GrowthReported headcount over time0235682019202020212022202320240033Source: GetLatka.com
YearMilestoneSource
2024Reached 3 employees (October 2024)Not recorded
2023Reached 3 employees (November 2023)Not recorded
2022Reached 7 employees (January 2022)Estimated
2021Reached 4 employees (November 2021)Not recorded

Frequently Asked Questions about TABS Suite

What is TABS Suite's revenue?

As of 2024, TABS Suite generated an estimated $768.6K in annual revenue.

Who founded TABS Suite?

TABS Suite was founded by Unnat Bak.

When was TABS Suite founded?

TABS Suite was founded in 2019.

How many employees does TABS Suite have?

As of 2024, TABS Suite had 3 employees.

Where is TABS Suite headquartered?

TABS Suite is headquartered in Singapore, Singapore.

Full Interview Transcripts

How he sold his <$1m business for $20m Last WeekAug 9, 2022

Read the full interview and its transcript.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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