About Abacum
Abacum is a company based in New York (United States) founded in 2020 by Jorge Lluch and Julio Martínez.. Abacum has raised $92.13 million across 4 funding rounds from investors including FJ Labs, Atomico and Creandum.
- Headquarter New York, United States
- Founders Jorge Lluch, Julio Martínez
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Abacum Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$92.13 M (USD)
in 4 rounds
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Latest Funding Round
$60 M (USD), Series B
May 28, 2025
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Investors
FJ Labs
& 19 more
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Employee Count
Employee Count
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Funding Insights of Abacum
Abacum has successfully raised a total of $92.13M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $60 million completed in May 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series B — $60.0M
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First Round
First Round
(08 Apr 2021)
- Investors Count 20
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2025 | Amount | Series B - Abacum | Valuation | Scale Venture Partners | |
| Nov, 2021 | Amount | Series A - Abacum | Valuation | Atomico | |
| Jun, 2021 | Amount | Seed - Abacum | Valuation | Y Combinator |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Abacum
Abacum has secured backing from 20 investors, including venture fund and angel investors. Prominent investors backing the company include FJ Labs, Atomico and Creandum. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Tech-based companies are invested in by Atomico venture capital fund.
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Founded Year | Domain | Location | |
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Venture capital investments and support services are offered to early-stage tech startups.
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Founded Year | Domain | Location | |
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Venture capital firm focused on marketplaces, gaming, web3, fintech, and multiple sectors
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Abacum
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Abacum
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Abacum Comparisons
Competitors of Abacum
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Abacum
When was Abacum founded?
Abacum was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Abacum located?
Abacum is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Abacum?
Julio Martínez is the current CEO of Abacum. They have also founded this company.
Is Abacum a funded company?
Abacum is a funded company, having raised a total of $92.13M across 4 funding rounds to date. The company's 1st funding round was a Seed of $125K, raised on Apr 08, 2021.
What does Abacum do?
Abacum was founded in 2020 and is based in New York, United States. The company operates in the financial software sector, offering a platform for budgeting, forecasting, and scenario planning. Features include collaborative workflows, automated reporting, data integration, headcount planning, and investor reporting tools. Real-time financial and operational reports are enabled, with AI used for forecasting and anomaly detection. Data management and transformation are facilitated to reduce manual processes.