# ABM Cloud

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/abm-cloud

- Industry: Software
- Headquarters: Tallinn, Estonia
- Website: www.abmcloud.com
- Total disclosed funding: $0.6M
- Latest round: Series A (Dec 21, 2020)
- Investors on record: 1

## About

ABM Cloud develops cloud-based software solutions to optimize business operations, particularly in supply chain management, empowering various industries with tools for effective planning, modeling, and management.Founded in 2013 and headquartered in Tallinn, Estonia, ABM Cloud focuses on providing cloud-based solutions for supply chain optimization. The company's founder is Aleksandr Shiryaev, who has a background in technology and business. In December 2020, ABM Cloud raised USD 0.64 million in Series A funding from QPDigital, marking a significant step in its growth trajectory.ABM Cloud specializes in software solutions that enhance business processes, focusing on inventory and warehouse management, transportation logistics, and financial automation. Their products, including ABM Inventory and ABM WMS, serve a diverse clientele ranging from producers and distributors to retailers across 32 countries, including regions in Europe, Asia, and North America.For the most recent year, ABM Cloud reported revenue of USD 2,153,757.90 with an EBITDA of USD -198,008.40. Their revenue model is based on subscriptions for software solutions, ensuring ongoing access and support for clients across various industries.ABM Cloud is currently working on developing new products aimed at enhancing their customer offerings, with plans to launch these solutions in the near future. The company is also targeting expansion into additional markets in Europe and North America by mid-2024 to broaden its customer base. The funds raised in the Series A round will be allocated to support these growth initiatives and the development of new product features.

## Funding rounds

- Series A, Dec 21, 2020, $0.6M — QPDigital

## Investors

- QPDigital (https://capitalatlas.ai/funds/qpdigital) — Series A