# SCB Abacus Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/scb-abacus-co

- Industry: Financial Services
- Headquarters: Bangkok, Thailand
- Website: www.scbabacus.com
- Total disclosed funding: $32M
- Latest round: Series B (Jul 22, 2022)
- Investors on record: 3

## About

Based in Thailand, SCB Abacus Co., Ltd. operates as a technology solutions provider, focusing on optimizing business operations through advanced software platforms tailored for diverse industries.SCB Abacus Co., Ltd. specializes in developing software solutions that improve operational efficiencies for organizations. Founded in 2017 in Bangkok, Thailand, the company has successfully raised USD 20.00 mn in a Series B funding round on July 22, 2022, with participation from investors including CAI Partners, Openspace Ventures, and Vertex Ventures Southeast Asia & India. The total amount raised by the company is USD 20.00 mn. The company specializes in providing innovative technology solutions aimed at optimizing operational efficiencies for businesses across various industries. Its core product offerings include advanced software platforms designed to streamline workflow processes, enhance data analytics capabilities, and improve customer engagement. These solutions address critical use cases such as resource management, performance tracking, and client relationship management, enabling organizations to achieve measurable outcomes. The company's products are predominantly utilized by small to medium-sized enterprises in sectors such as retail, logistics, and healthcare, with a focus on North American and European markets. Their client base includes both direct users of the software and third-party vendors that integrate these solutions into their service offerings.In the most recent fiscal year 2022, SCB Abacus Co., Ltd. generated a revenue of USD 26,623,279.30, with an EBITDA of USD 16,426,269.10. The company primarily generates revenue through a subscription-based model, allowing clients to access its software solutions on a recurring basis. Transactions typically involve annual contracts with businesses wherein clients pay upfront for access to key products and services, facilitating long-term partnerships. Additionally, the company may engage in B2B arrangements, collaborating with larger firms that distribute or incorporate their technology into broader service offerings. Among its flagship products, the company has established pricing tiers that provide various features aligned with the specific needs of different client segments. This structured pricing strategy not only enhances customer satisfaction but also ensures a steady revenue stream as clients renew their subscriptions or upgrade their service plans over time.Following the recent Series B funding round in July 2022, SCB Abacus Co., Ltd. plans to utilize USD 20.00 mn to accelerate its product development, strengthen its team, and expand partnerships both domestically and internationally for better risk management. The company aims to launch new products designed to enhance their existing software offerings, with specific release dates to be announced. Additionally, SCB Abacus is targeting expansion into new geographic markets, particularly in Asia and Europe, over the next two years.

## Funding rounds

- Series B, Jul 22, 2022, $20M — Vertex Ventures Southeast Asia & India, Openspace Capital, CAI Partners
- Series A, Sep 16, 2021, $12M — Vertex Ventures Southeast Asia & India, Openspace Capital, CAI Partners

## Investors

- Vertex Ventures Southeast Asia & India (https://capitalatlas.ai/funds/vertex-ventures-southeast-asia-india) — Series A, Series B
- Openspace Capital (https://capitalatlas.ai/funds/openspace-capital) — Series A, Series B
- CAI Partners — Series A, Series B