# Abacum

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

- Industry: Software
- Headquarters: New York, US
- Website: www.abacum.ai
- Total disclosed funding: $73M
- Latest round: Series B (May 28, 2025)
- Investors on record: 10

## About

Founded in 2020 and based in California, US, Abacum Inc. is a software company that develops an automated collaborative financial planning tool for enterprises in the US and Europe. Abacum Inc.'s clients include Typeform, Cabify, Ebury, Garten, Jeff, and Talkable. CEO Mr. Julio Martinez and COO Mr. Jorge Lluch co-founded the company. In June 2025, Abacum Inc. raised USD 60 million in series B funding led by Scale Venture Partners, with participation from Cathay Capital, Y Combinator, Creandum, Kfund, and Atomico. The company's development team provides a SaaS (software-as-a-service)-based platform that enables finance teams to automate and manage daily operational processing of manual financial tasks. Abacum Inc.'s platform also offers tools that generate insights through reports, as well as collaboration solutions across departments to improve team productivity. The company generates revenue by providing subscription-based financial planning software solutions to midsize companies. The company will use the June 2025 funding to accelerate its product development and growth initiatives across the US.

## Funding rounds

- Series B, May 28, 2025, $43M — Scale Venture Partners, Creandum, Cathay Capital, Atomico, Y Combinator, Kfund
- Series A, Nov 30, 2021, $23M — Creandum, Atomico, FJ Labs, s16VC
- Seed, Apr 5, 2021, $6.7M — Creandum, PROfounders Capital, Y Combinator, Kanoar Ventures, Kfund

## Investors

- Creandum (https://capitalatlas.ai/funds/creandum) — Seed, Series A, Series B
- PROfounders Capital (https://capitalatlas.ai/funds/profounders-capital) — Seed
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed, Series B
- Kanoar Ventures (https://capitalatlas.ai/funds/kanoar-ventures) — Seed
- Kfund (https://capitalatlas.ai/funds/kfund) — Seed, Series B
- Atomico (https://capitalatlas.ai/funds/atomico) — Series A, Series B
- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Series A
- s16VC (https://capitalatlas.ai/funds/s16vc) — Series A
- Scale Venture Partners (https://capitalatlas.ai/funds/scale-venture-partners) — Series B
- Cathay Capital — Series B