Abacum develops software that allows mid-sized companies to automatically compile and analyse financial data using one interface.
This may seem like a fairly simple solution, but it's one that’s proven extremely popular with scaling companies, who often have to pour hours of labor into collating data to create forecasts.
Launched in 2020, the company took off quickly and gained its first major customer in Typeform, and since then the likes of Cabify, AllTrails and Yoco have also adopted the software.
Major funding led by Atomico is set to kick off the next period of fast growth for Abacum, adding to its headcount on both sides of the Atlantic, including Latin America, and to boost product development and marketing.
Kirsty
Company Specialist at Welcome to the Jungle