Abacum Analysis: $7M Raised
What is Abacum?
Abacum is a financial planning and analysis platform that offers tools for budgeting, forecasting, and reporting to enhance data-driven decision-making for finance teams.
Product Features & Capabilities
- Business Planning, Budgeting & Forecasting, Revenue Planning, Headcount Planning, Investor Reporting, P&L, Balance Sheet, Cash Flow, Collaborative Financial Planning, Financial Reporting, Data Manager, Abacum Intelligence.
Pricing
- Abacum offers flexible pricing plans tailored to the needs of each organization.
- Pricing options include monthly or annual subscriptions based on usage and features.
- Specific pricing details are not publicly listed; potential customers are encouraged to contact the sales team for a demo and a
How much Abacum raised
Seed - $7 million
2021Lead Investor: Not specified in the sources.
Who are the founders of Abacum
JL
Jorge Lluch
Founder
JM
Julio Martinez
Co-founder and CEO
Market Focus
Abacum primarily focuses on the financial technology (fintech) industry, specifically in the area of financial planning and analysis (FP&A) for finance teams.
Business Model
Subscription-based SaaS model with revenue from software licenses and consulting services.
Competitors Overview
Abacum operates in the financial planning and analysis (FP&A) market and faces competition from several notable companies, each offering unique features and advantages:
- Drivetrain: Tailored for fast-scaling SaaS and B2B companies, Drivetrain provides over 200 integrations for seamless data c
Investors
- Atomico (Venture Capital)
- Carmine Visconti (Angel, individual)
- Felipe Navío (Angel, individual)
- FJ Labs (Venture Capital)
- Ingo Uytdehaage (Angel, individual)
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