Abacus Solutions

Marietta, United States Founded: 2000 • Age: 26 yrs Acquired By Fresche Solutions
IT infrastructure systems services including storage, email archive, hosting support
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About Abacus Solutions

Abacus Solutions is a company based in Marietta (United States) founded in 2000 was acquired by Fresche Solutions in September 2021.. The company has 131 employees as of December 31, 2022. Abacus Solutions operates in a competitive market with competitors including UST, Breed Reply, NTT DATA, Globant and 1&1 IONOS, among others.

  • Headquarter Marietta, United States
  • Employees 131 as on 31 Dec, 2022
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Abacus Solutions, Llc
Operational Areas
Technology → Enterprise IT Services & Distribution
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    131

    as on Dec 31, 2022

  • Acquired by
    Fresche Solutions

    (Sep 30, 2021)

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Funding Insights of Abacus Solutions

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Abacus Solutions

Abacus Solutions has secured backing from 1 investor. Prominent investors backing the company include Fresche Solutions. 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.

All
Investor Description Founded Year Domain Location
IT services for application modernization and development are offered.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Abacus Solutions

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Abacus Solutions

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Abacus Solutions Comparisons

Employees
+
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Competitors of Abacus Solutions

Abacus Solutions operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as UST, Breed Reply, NTT DATA, Globant and 1&1 IONOS, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
High-quality office furniture is provided by UST for various needs.
domain founded_year HQ Location
AI, cloud, and blockchain services are provided globally.
domain founded_year HQ Location
Application development, cloud, cybersecurity, and business intelligence services are provided.
domain founded_year HQ Location
IT and digital transformation services are delivered to various industries.
domain founded_year HQ Location
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
domain founded_year HQ Location
Provider of end-to-end business process outsourcing services
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Abacus Solutions

Frequently Asked Questions about Abacus Solutions

When was Abacus Solutions founded?

Abacus Solutions was founded in 2000.

Where is Abacus Solutions located?

Abacus Solutions is headquartered in Marietta, United States. It is registered at Marietta, Georgia, United States.

How many employees does Abacus Solutions have?

As of Dec 31, 2022, the latest employee count at Abacus Solutions is 131.

What does Abacus Solutions do?

Abacus Solutions is a provider of secondary market data center hardware and white-glove managed services, hosting, and support. It has an expansive inventory of professionally refurbished IT equipment prepared to supplement demanding environments for a fraction of OEM prices. It also has Abacus Cloud based on IBM i and the company is an IBM certified Managed Service Provider. Besides, it provides technology services, maintenance services, time material services, data center relocation services, data center audit services operations management services.

Who are the top competitors of Abacus Solutions?

Abacus Solutions's top competitors include 1&1 IONOS, Mindtree and Genpact.

Who are Abacus Solutions's investors?

Abacus Solutions has 1 investor. Key investors include Fresche Solutions.

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