# Abacum

> Abacum is an AI-native financial planning and analysis (FP&A) platform built for the office of the CFO. Founded in 2020 by former finance operators Julio Martinez and Jorge Lluch, it pulls financial and operational data into one place so finance teams can forecast revenue, model scenarios, plan headcount, automate reports, and trade spreadsheet drudgery for strategic decision-making. Backed by Scale Venture Partners, Atomico, Y Combinator and others, Abacum has raised over $90M and serves hundreds of mid-market companies across 31 countries, including Strava, Aiven, JG Wentworth and Mastercam.

- **Founded:** 2020
- **Headquarters:** New York, United States
- **Founders:** Julio Martinez (Co-Founder & CEO), Jorge Lluch (Co-Founder & COO)
- **Team size:** ~120 employees
- **Products:** Planning & Forecasting, Reporting, AI Intelligence, Excel Connector & Integrations
- **Notable:** Raised over $90M total across Seed, Series A and Series B, Tripled revenue in 12 months while keeping the same team size, Expanded to customers in 31 countries

## Products & services

- **Planning & Forecasting** — Connected models for revenue forecasting, scenario planning, multi-entity and headcount planning with real-time data.
- **Reporting** — Automated financial reports, dashboards, variance analysis and investor reporting that update from live data.
- **AI Intelligence** — AI-powered summaries, anomaly detection and multi-agent capabilities that anticipate business needs and surface insights.
- **Excel Connector & Integrations** — A two-way Excel connector plus integrations with ERPs, CRMs and HRIS (NetSuite, Sage Intacct, Workday, Salesforce, etc.) with automated data cleansing.

## Achievements

- Raised over $90M total across Seed, Series A and Series B
- Tripled revenue in 12 months while keeping the same team size
- Expanded to customers in 31 countries
- 4.8/5.0 average rating across hundreds of reviews
- SOC 2 Type II and ISO 27001 certified; Built for NetSuite certified

## Latest updates

- **2025-06** — Raised $60M Series B led by Scale Venture Partners with Cathay Innovation, Y Combinator, Atomico, Creandum and K Fund to fund US expansion and agentic AI.
- **2025-06** — Reported tripling revenue over the prior 12 months and serving customers across 31 countries.

## Links

- Website: https://www.abacum.ai
- LinkedIn: http://www.linkedin.com/company/abacum-ai
- Twitter/X: https://twitter.com/Abacum_io

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Profile page: https://yespress.io/abacum
Published by YesPress — https://yespress.io
Last updated: 2026-06-07