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About Abstract
Industries
Enterprise Software
Design
Company Size
51-200
Company Stage
Series C
Total Funding
$54.2M
Headquarters
San Francisco, California
Founded
2016
Overview
Abstract offers a platform for design teams to manage, version, and document their design files in one centralized location. It addresses the need for proper version control, enabling teams to collaborate efficiently and track changes effectively. Operating on a subscription-based model, Abstract provides various tiers tailored to different team sizes and needs. The company's goal is to enhance design collaboration and streamline workflows for teams across industries.
Simplify's Take
What believers are saying
- Rising demand for remote collaboration tools boosts Abstract's market potential.
- Integration of AI in design tools can enhance Abstract's feature offerings.
- Growing interest in design systems aligns with Abstract's platform capabilities.
What critics are saying
- Adobe's acquisition of Abstract Notebooks increases competition in the design collaboration space.
- Abstract's focus on blockchain applications may detract from core design services.
- Diversification into Alloy Automation could dilute Abstract's design collaboration focus.
What makes Abstract unique
- Abstract offers robust version control for design files, enhancing team collaboration.
- The platform serves over 7,000 companies, indicating strong market adoption.
- Abstract's SaaS model provides flexible subscription plans for various team sizes.
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Funding
Total Funding
$54.2M
Below
Industry Average
Funded Over
4 Rounds
Lightspeed Venture Partners
First Round CapitalIndustry standards
Company News
On January 27, Abstract launched its mainnet, aiming to enhance blockchain accessibility for mainstream users.
Mainnet is slated to launch before the end of January, and Abstract just announced its version of a points program.
Abstract, an artificial intelligence company developing the first regulatory superintelligence platform, announced it raised $4.8 million in seed funding co-led by Bonfire Ventures and Communitas Capital.
Unify, a go-to-market technology company, announced today that it has raised $19M of Series A & Seed financing. The Series A financing was led by
I’m thrilled to share that Mountaintop has raised $30M in additional funding from some of the best investors in the industry. This capital will help us deliver an even better experience for our players.
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About Abstract
Industries
Enterprise Software
Design
Company Size
51-200
Company Stage
Series C
Total Funding
$54.2M
Headquarters
San Francisco, California
Founded
2016
There are no jobs for Abstract right now.
Find jobs on Simplify and start your career today
People Also Viewed
Discover companies similar to Abstract