About Abstract
Abstract is a Government & Social Sector company based in Los Angeles (United States) founded in 2019 by Matthew Chang. AI solutions are offered for regulatory policy analysis. It operates on a AI-as-a-Service and Subscription Services model. Abstract has raised $11.56 million across 3 funding rounds from investors including Plug and Play Tech Center, WndrCo and Amplify. Abstract offers products and services including AI Policy Solutions and Regulatory Updates. Its focus areas include Technology, Artificial Intelligence and Policy Analysis Solutions. Its legal entity is Washington Abstract Inc. Its competitors include Govini, Zenysis Technologies and Clear Impact; 3 of its 3 listed competitors have raised funding.
Company details
AI-driven tools are developed by Abstract to assist with regulatory policy analysis at local, state, and federal levels. Services are provided to law firms, corporate teams, and enterprises, including optimized discovery, tailored intelligence, and collaborative analysis environments. Coverage spans various sectors with a focus on cutting through regulatory noise to deliver relevant insights.
- Headquarters Los Angeles, United States
- Founders Matthew Chang
- SectorsGovernment & Social Sector
- Email••••••••
- Website abstract.us
- Social LinkedIn X Facebook
- Legal Name Washington Abstract Inc.
- Total Equity Funding$11.56M (USD)
in 3 rounds
- Latest Funding Round$4.8M (USD), Series A
Dec 2024
- InvestorsPlug and Play Tech Center
& 17 more
Products & Services of Abstract
Abstract offers a comprehensive portfolio of products and services, including AI Policy Solutions and Regulatory Updates.
AI tools are provided for regulatory policy analysis.
Daily updates on regulations are delivered to clients.
Funding Insights of Abstract
Abstract has successfully raised a total of $11.56M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $4.8 million completed in December 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.
- Total Funding $11.56M
- Total Rounds 3
- Last Round Series A — $4.8M
- First Round $2.5M
(Jul 2022)
- Investors Count 18
All 3 funding rounds of Abstract with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2024 | $4.8M | Series A | – | Bonfire Ventures | |
| Feb 2024 | $4.26M | Series A | – | – | – |
| Jul 2022 | $2.5M | Seed | – | VitalizeVC, Motivate Venture Capital |
18 investors in total: 13 institutional and 5 angel.
Investors in Abstract
Abstract has secured backing from 18 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Plug and Play Tech Center, WndrCo and Amplify.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are directed toward early-stage companies by Bonfire Ventures. | bonfirevc.com | Santa Monica, United States | ||
Investments in fintech startups are managed by Communitas Capital. | communitascapital.com | New York, United States | ||
VITALIZE Venture Capital is focused on seed stage WorkTech investments. | vitalize.vc | |||
Early-stage venture capital fund investing in B2B & B2C startups | motivate.vc | Chicago, United States | ||
Early-stage investments are made in enterprise software startups. | 2015 | stagevp.com | ||
Tech startups are accelerated sector-agnostically by Amplify. | 2011 | amplify.la | Los Angeles, United States | |
Seed-stage venture capital fund | bridgeinvestments.com | Highland Park, United States | ||
Early-stage technology founders are supported by Redbird Ventures. | goredbirdventures.com | |||
Startups are accelerated and invested in across multiple tech sectors. | 2006 | plugandplaytechcenter.com | Sunnyvale, United States | |
DayDream Ventures is focused on community-led growth investments. | daydreamvc.com | Silicon Valley, United States |
Investor details for Abstract
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Abstract
17 people are tracked at Abstract (3 in leadership, 11 in board & advisors, 3 in team).
| Name | Role | Group |
|---|---|---|
Matthew Chang | Co-Founder | Leadership |
Mohammed Hayat | CTO & Co-Founder | Leadership |
Patrick Utz | CEO & Co-Founder | Leadership |
Adele Rom | Advisor | Board & advisors |
Joshua Tauberer | Advisor | Board & advisors |
Ann Blackwood | Advisor | Board & advisors |
Katherine Brandenburg | Advisor | Board & advisors |
Chris Micheli | Advisor | Board & advisors |
Tony Coelho | Advisor | Board & advisors |
Jack Brody | Advisor | Board & advisors |
Lauren Scott-Phillips | Advisor | Board & advisors |
Don Polese | Advisor | Board & advisors |
Ryan Kelly | Advisor | Board & advisors |
Carol Costello | Advisor | Board & advisors |
Tyler Kneidl | Full Stack Engineer | Team |
Jessica Bowden | Lead Data Engineer | Team |
Sabrina Wang | Data Engineer | Team |
Complete people profiles for Abstract
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Abstract
3 dated milestones of Abstract across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Abstract is founded.
- Funding First funding round of $2.5M.
- Funding Latest funding round, Series A, of $4.8M.
Competitors of Abstract
Abstract has 3 listed competitors in our database, 3 of them funded. They include Govini, Zenysis Technologies and Clear Impact.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| govini.com | 2011 | San Francisco, United States | $170M | 72 | BI for government contractors | |
| zenysis.com | 2015 | San Francisco, United States | $21.9M | 16 | Open-source data analytics platform for health systems is developed. | |
| clearimpact.com | 2006 | Rockville, United States | $800,000 | 17 | Provider of cloud-based performance management software for public sector and non-profit organizations. |
Detailed competitors of Abstract
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Abstract
The website of Abstract (abstract.us) receives about 2.7K visits a month.
- Monthly visits2.7K
▼ 51.3% vs previous month
Websites whose visitors overlap most with Abstract. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
goabstract.com | goabstract.com | 100% | #862,519 | – |
Top companies in GovTech
3 companies that operate in the same segment as Abstract (GovTech) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Axon is focused on developing public safety technology solutions. | 1993 | Scottsdale, Arizona, United States | USD 2.78 B | 4,100 | ||
Administrative tools and civic engagement platforms are provided to governments. | 1999 | San Ramon, California, United States | USD 235.62 M | |||
Cloud-based software for visualizing municipal financial data is provided. | 2012 | Redwood City, California, United States | USD 182.12 M | USD 2.39 M | 90 |
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Related news about Abstract
Complete news archive for Abstract
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- Brand-specific news history
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Frequently Asked Questions about Abstract
Abstract was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Abstract is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Abstract is a funded company, having raised a total of $11.56M across 3 funding rounds to date. The company's 1st funding round was a Seed of $2.5M, raised on Jul 2022.
AI-driven tools are developed by Abstract to assist with regulatory policy analysis at local, state, and federal levels. Services are provided to law firms, corporate teams, and enterprises, including optimized discovery, tailored intelligence, and collaborative analysis environments. Coverage spans various sectors with a focus on cutting through regulatory noise to deliver relevant insights.
Abstract's top competitors include Govini, Clear Impact and Zenysis Technologies.
Abstract offers AI Policy Solutions and Regulatory Updates.
Abstract has 18 investors. Key investors include Plug and Play Tech Center, WndrCo, Amplify, Bonfire Ventures, and Communitas Capital.
Abstract operates through Washington Abstract Inc..