Abacum — Startup Profile
The AI-native FP&A platform built for CFOs to connect data, workflows and teams
HQ: New York, NY (offices in London & Barcelona) | Founded: 2020 | Employees: 100-150 | Stage: Series B | Website: https://www.abacum.ai
About
Abacum is an AI-native financial planning and analysis (FP&A) platform founded in 2020 by Julio Martínez and Jorge Lluch. Headquartered in New York with offices in London and Barcelona, the company empowers finance teams at fast-growing mid-market organizations to automate reporting, collaborate on budgets and forecasts, and drive strategic decision-making. The platform connects operational and financial KPIs in real-time, offering budgeting & forecasting, scenario planning, headcount planning, revenue planning, investor reporting, and P&L/BS/CF automation. Abacum serves 300+ customers across 31 countries, including companies like Strava, Cabify, Typeform, Upvest, Cortex, Kajabi, Carwow, Aiven, and Biofire. The company tripled its revenue while maintaining the same team size and has grown to over 50% of revenue from the U.S. market.
The Take
Abacum is an AI-native FP&A platform purpose-built for mid-market companies (100-800 employees) that consolidates operational and financial KPIs, automates reporting, and enables collaborative planning with 700+ native integrations. It deploys in 4-8 weeks at a fraction of enterprise tool pricing, making it the go-to choice for finance teams outgrowing spreadsheets but not yet needing enterprise-scale platforms like Anaplan or Workday Adaptive.
Key Metrics
- STAGE: Series B
- TOTAL FUNDING: $92M+
- EMPLOYEES: 100-150
- INTEGRATIONS: 700+
- G2 RATING: 4.8/5
- COUNTRIES SERVED: 31
Funding Rounds
- Round: Undisclosed (2021-02-01) — Y Combinator
- Round: Undisclosed (2021-04-08) — Y Combinator, Creandum
- Round: Undisclosed (2021-11-30) — Atomico
- Round: $60M (2025-06-11) — Scale Venture Partners
- Round: Undisclosed (2025-11-20) — FOG Ventures
Key People
- Julio Martínez
- Jorge Lluch
- Jose Luis Gordo Romero
Key Competitors
- Anaplan —
- Workday Adaptive Planning —
- Pigment —
- Causal —
- Datarails —
- Drivetrain —
Timeline Highlights
- 2026-07: Built for NetSuite
- 2025-11: Additional VC Funding
- 2025-06: Series B ($60M)
- 2024-02: Forbes Feature
- 2022-2023: Debt Financing
- 2021-11: Series A
- 2021-04: Seed Round
- 2021-01: Y Combinator W21
- 2020: Company Founded
- 2019: Concept Formation
Recent News
- Abacum Raises $60M Series B Led by Scale Venture Partners (2025-06-11)
- Abacum Achieves Built for NetSuite Status (2026-07-09)
- Barcelona-based Abacum raises over €50 million for business planning software (2025-06-11)
- Putting The Mid-Market's Finance Leaders In Control With Abacum (2024-02-02)
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