Hospitality technology specialist TiPJAR bags £4.5 million in funding round to expand across UK

TiPJAR, a platform focused on how hospitality operators collect, distribute and allocate tips and service charge, has secured £4.5 million in new investment. This brings total funding to date to £11.3 million.

The round, led by YFM Equity Partners and advised by Mountside Ventures, will enable the company, which launched in 2019, to expand its team, invest in its people, and accelerate product development as it scales its technology across the UK. In this next phase of growth, the company will also explore expansion into new markets.  

It currently supports more than 5,000 sites across the UK, including pubs, bars, restaurants, hotels, cafes and QSR brands, and processes over £130 million in tips annually, supporting more than 75,000 hospitality workers. During a normal trading day, TiPJAR processes around 1,000 tips per minute.

Ben Thomas, CEO at TiPJAR, says: “TiPJAR was created to give the hospitality industry a fair, transparent and reliable way to manage tips, and to help meet evolving tipping legalisation, increasing demands for transparency and changing consuming behaviour. Over the past seven years, we’ve grown rapidly and established ourselves as the market leader in this space - so much so that no other tipping-focused platform has attracted this level of financial backing.”

“This investment will accelerate our next stage of growth. Workers deserve every tip they make, and businesses need straightforward tools they can trust, which is exactly what TiPJAR offers. We’re now looking forward to working with YFM to support even more operators and employees.”   

Kit Maclaren, Investment Director at YFM, says” “TiPJAR has established itself as the clear market leader in a fast growing and increasingly regulated area of hospitality operations. The team has built a highly scalable platform with strong customer adoption and a compelling value proposition for both operators and staff.” 

2026 RTIH Innovation Awards

Hospitality technology will be a key focus area at the 2026 RTIH Innovation Awards.

The awards are now open for entries and celebrate global retail technology innovation in a fast moving omnichannel world.

Our winners will be revealed at the 2026 RTIH Innovation Awards Ceremony, taking place at The HAC in Central London on Wednesday, 4th November.

Check out our 2025 winners here.

Our 2025 hall of fame entrants were revealed during a sold out event which took place at The HAC on 16th October and consisted of a drinks reception, three course meal, and awards ceremony presided over by award winning comedian, actress and writer Tiff Stevenson.

In his welcome speech, Scott Thompson, Founder and Editor, RTIH, said: “This is the awards’ fifth year as a physical event. We started off with just 30 people at the South Place Hotel not far from here, then moved to London Bridge Hotel, then The Barbican, and last year RIBA’s HQ in the West End.”

“But I’m conscious of the fact that, to quote the legend that is Taylor Swift, You’re only as hot as your last hit, baby. So, this year we’ve moved to our biggest venue yet, and also pulled in our largest number of entries to date and broken attendance records.”

He added: “This year’s submissions have without doubt been our best yet. To quote one of the judges: The examples of innovative developments across both traditional and digital retail spaces were truly remarkable.”

Congratulations to our winners, and a big thank you to our sponsors, judging panel, the legend that is Tiff Stevenson, and all those who attended our 2025 gathering.