About Abstract
Abstract is a company based in San Francisco (United States) founded in 2015 by Kevin Smith and Josh Brewer was acquired by Adobe in February 2022. Abstract has raised $76.13 million across 4 funding rounds from investors including Adobe, Lightspeed Venture Partners and Scale Venture Partners. The company has 2 employees as of December 31, 2024. Abstract has completed 1 acquisition, including Flawless App. Abstract offers products and services including Abstract Platform. Abstract operates in a competitive market with competitors including Zeplin, Flotype, Multiplayer, Avocode and Onlook, among others.
- Headquarter San Francisco, United States
- Employees 2 as on 31 Dec, 2024
- Founders Kevin Smith, Josh Brewer
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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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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$76.13 M (USD)
in 4 rounds
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Latest Funding Round
$128 K (USD), Series C
Feb 10, 2024
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Investors
Adobe
& 4 more
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Employee Count
2
as on Dec 31, 2024
- Investments & Acquisitions
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Acquired by
Adobe
(Feb 02, 2022)
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Products & Services of Abstract
Abstract offers a comprehensive portfolio of products and services, including Abstract Platform.
Tool for version controlling and merging Sketch design files.
People of Abstract
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Funding Insights of Abstract
Abstract has successfully raised a total of $76.13M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $128 thousand completed in February 2024. 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 Abstract
Abstract has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Adobe, Lightspeed Venture Partners and Scale Venture Partners.
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Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
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Early-stage venture capital investments are focused on US companies.
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Technical founders are supported through early-stage venture capital investments.
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Investor details for Abstract
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Investments & Acquisitions by Abstract
Abstract has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Flawless App.
Investment portfolio details for Abstract
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Routine tasks are automated for designers and developers' collaboration.
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Complete acquisition details for Abstract
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Financial Statements - Abstract
Detailed financials for Abstract
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Abstract Comparisons
Peer comparison for Abstract
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Competitors of Abstract
Abstract 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 Zeplin, Flotype, Multiplayer, Avocode and Onlook, among others.
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Collaboration is enabled between UI designers and frontend developers.
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Enterprise-grade messaging infrastructure is provided for real-time applications.
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AI-powered platform is utilized for collaborative software development.
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Designs and assets are shared collaboratively by designers and developers.
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Cloud-based platform enables design collaboration for developers and designers.
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Detailed competitors of Abstract
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Latest news on Abstract
Complete news archive for Abstract
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Frequently Asked Questions about Abstract
Abstract was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Abstract is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Josh Brewer is the current CEO of Abstract. They have also founded this company.
Abstract is a funded company, having raised a total of $76.13M across 4 funding rounds to date.
As of Dec 31, 2024, the latest employee count at Abstract is 2.
Abstract was founded in 2015 and is headquartered in San Francisco, United States. Tools for designer collaboration, version control, and developer handoff are offered within the software sector. Operations focus on streamlining design workflows through features like onboarding support, design system distribution, and management processes. Clients such as Microsoft, DocuSign, Pandora, Zendesk, Wix, Wayfair, and Yelp are served by the platform.
Abstract offers Abstract Platform.
Abstract has made 1 acquisition, including Flawless App.
Abstract has 5 investors. Key investors include Adobe, Lightspeed Venture Partners, Scale Venture Partners, Amplify Partners, and Cowboy Ventures.