Abstra

Rio De Janeiro, Brazil Founded: 2020 • Age: 6 yrs
AI-powered Python automation is provided for finance operations.
Annual revenue - Latest available
Total funding $3.1M 3 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About Abstra

Abstra is a company based in Rio De Janeiro (Brazil) founded in 2020 by Bruno Vieira Costa. Abstra has raised $3.12 million across 3 funding rounds from investors including SoftBank Latin America Fund, Y Combinator and Iporanga Ventures. Abstra offers products and services including Workflow Builder, AI Smart Chat, and VS Code Extension. Abstra operates in a competitive market with competitors including Savant Labs, IFTTT, Raftt, Substrate and DeepOpinion, among others.

  • Headquarter Rio De Janeiro, Brazil
  • Founders Bruno Vieira Costa
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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Operational Areas
Technology → Software Development & Engineering Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $3.12 M (USD)

    in 3 rounds

  • Latest Funding Round
    $2.3 M (USD), Seed

    Jan 03, 2022

  • Investors
  • Employee Count
    Not available
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Products & Services of Abstra

Abstra offers a comprehensive portfolio of products and services, including Workflow Builder, AI Smart Chat, and VS Code Extension.

Product name locked
Category locked
Primary

Visual platform for designing and automating finance processes.

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Generates Python scripts to assist in workflow configuration.

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Enables drag-and-drop components for app creation and deployment.

Funding Insights of Abstra

Abstra has successfully raised a total of $3.12M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $2.3 million completed in January 2022. 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.

Investors in Abstra

Abstra has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include SoftBank Latin America Fund, Y Combinator and Iporanga Ventures.

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Venture Fund
Investor Description Founded Year Domain Location
Venture capital is invested in multiple sectors by the fund.
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Early-stage startups are accelerated via funding and educational programs.
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Venture capital fund investing in pre-seed & seed-stage startups
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Investor details for Abstra

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Investments & Acquisitions by Abstra

Investments
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Investment portfolio details for Abstra

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  • Transaction dates
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Financial Statements - Abstra

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Detailed financials for Abstra

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Abstra Comparisons

Abstra Primary company
Description
AI-powered Python automation is provided for finance operati...
Location
Rio De Janeiro, Brazil
Founded Year
2020
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Abstra

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Competitors of Abstra

Abstra 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 Savant Labs, IFTTT, Raftt, Substrate and DeepOpinion, among others.

Company Name Domain Founded year HQ Location Description
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Automation platform for business analytics is delivered via agentic AI.
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Conditional workflows are utilized for integrating applications and devices.
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Workflow automation platform is provided for developer environments and collaboration.
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A platform is developed for building multi-step AI workloads.
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An agentic automation platform is provided for enterprise operations.
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Generative AI applications are developed for secure business data integration.
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Detailed competitors of Abstra

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Latest news on Abstra

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Complete news archive for Abstra

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Frequently Asked Questions about Abstra

Abstra was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Abstra is headquartered in Rio De Janeiro, Brazil. It is registered at Rio De Janeiro, Rio De Janeiro, Brazil.

Abstra is a funded company, having raised a total of $3.12M across 3 funding rounds to date.

Provider of AI-powered Python automation for finance operations. It offers a platform to build custom workflows automating manual tasks in billing, invoicing, order processing, reconciliation, and cost analysis. The platform uses a visual workflow builder and an AI Smart Chat to assist in generating Python scripts, even without coding expertise. It allows for the creation of front-end interfaces and seamless integration with existing tech stacks via API connectors. The solution is designed to streamline processes such as accounts receivable, accounts payable, budgeting, legal document analysis, and accounting tasks, reducing manual work and improving efficiency.

Abstra's top competitors include Savant Labs, N8n and IFTTT.

Abstra offers Workflow Builder, AI Smart Chat, and VS Code Extension.

Abstra has 3 investors. Key investors include SoftBank Latin America Fund, Y Combinator, and Iporanga Ventures.

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