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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 more efficiently and avoid mismanagement of design documents. Operating on a subscription-based model, Abstract provides different tiers tailored to the needs of various organizations, from small teams to large enterprises. The goal is to enhance design collaboration and streamline workflows for design teams across multiple industries.
Simplify's Take
What believers are saying
- Increased demand for remote collaboration tools boosts Abstract's growth potential.
- AI-driven design tools can integrate with Abstract, enhancing design efficiency.
- Growing interest in blockchain technology offers new opportunities for Abstract.
What critics are saying
- Adobe's acquisition of Abstract Notebooks may increase competition in design collaboration.
- Mainnet launch could divert focus from core design platform, affecting service quality.
- New product manager hire may signal a shift in strategy misaligned with customer needs.
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