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Abacum

FP&A platform automating reporting and forecasting

Overview

Abacum provides a financial planning and analysis (FP&A) platform for mid-sized and large enterprises. It helps finance teams automate reporting, analyze data, and forecast with precision by connecting directly to business systems and pulling real-time data. The product automates routine FP&A tasks, enables scenario planning, and lets users define metrics, adjust assumptions, and plan headcount through an intuitive interface. What sets Abacum apart is its focus on real-time data integration and automation within a scalable FP&A platform, designed for enterprises that need reliable, measurable financial planning across multiple industries. The goal is to free finance teams from manual data work so they can concentrate on strategic decision-making and long-term planning, while offering a subscription model that scales with the level of service and number of users.

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About Abacum

Simplify's Rating
Why Abacum is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Differentiation

Industries

Data & AnalyticsEnterprise SoftwareFintech

Company Size

51-200

Company Stage

Series B

Total Funding

$92.1M

Headquarters

New York City, New York

Founded

2020

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Simplify's take

What believers are saying

  • November 2026 Abra launch broadens adoption beyond finance teams across the enterprise.
  • October 2026 Armanino and CFGI partnerships add distribution through trusted advisory channels.
  • More than 85% of customers use agentic features monthly, validating product pull.

What critics are saying

  • Salesforce, Workday, and Pigment can bundle broader planning suites and squeeze Abacum.
  • If Abra disappoints, Abacum's AI narrative weakens against rivals shipping similar agents.
  • One missed enterprise security incident would destroy trust and stall regulated customer sales.

What makes Abacum unique

  • Abra, Modeler, and Ask AI unify planning workflows into one governed finance agent stack.
  • Abacum's deterministic Engine keeps calculations auditable while agents draft models from live data.
  • Built for NetSuite status and 700-plus integrations deepen enterprise switching costs.

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Funding

Total Funding

$92.1M

Above

Industry Average

Funded Over

4 Rounds

Notable Investors:
Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Above Average

Industry standards

$35M
$45M
$60M
$65M
$100M

Benefits

  • Health Insurance
  • Company Equity
  • Professional Development Budget
  • Wellness Program
  • Paid Vacation

Company News

RuntimeWire
Nov 2nd, 2026
Abacum launches Abra to route planning questions to the right finance agent.

Abacum launches Abra to route planning questions to the right finance agent. Julio Martinez's Abacum is bringing Modeler, Analyst, Reporter and Data Manager together behind one prompt, free for customers, as rival planning tools ship their own agents. By RuntimeWire Staff - Published Nov 2nd, 2026, 7:45am CT - 4 min read - 2 public references - Via PR Newswire Business Technology Listen to article. Abacum co-founder and CEO Julio Martinez launched Abra on November 2nd, an orchestrating agent that lets employees ask a planning question in plain language and routes the work to a specialist agent behind the scenes. In the announcement on PR Newswire, Abacum says Abra removes the need for users to know which agent to call or how to coordinate several agents themselves... Checking your browser so you can read this article. Three articles are free before registration. Already have a free or Pro account? to skip this check. When you purchase through links in its articles, RuntimeWire, Inc. may earn a small commission. This doesn't affect its editorial independence. RuntimeWire, Inc. get virtually zero search traffic. Please consider sharing this story. Signal check Noise Signal Where does this story land? Drag the dial. The startup AI-native FP&A platform for finance teams to connect data, align plans, and make faster decisions. Abacum provides an AI-native FP&A platform that connects source systems, actuals, assumptions, and plans for finance teams. Its capabilities include AI data cleaning, classification, anomaly detection, modelling, scenario planning, forecasting, collaborative planning, budgeting workflows, dashboards, AI summaries, and self-service integrations. The platform supports budgeting and forecasting, headcount and revenue planning, investor reporting, P&L, balance sheet and cash flow reporting, and real-time multi-entity rollups. Abacum says it offers 700+ integrations, including Tableau, Stripe, Snowflake, Salesforce, Looker, Amazon S3, BigQuery, Chargebee, Google Drive, and Google Sheets. Named customer and user references include Acorns, Dish Network, Island, Papaya Global, Replit, Strava, Upvest, RapidSOS, and PostHog, and the site cites a 4.8/5.0 G2 rating. The startup Stay on the wire. Breaking startup & AI news, funding scoops, and launches as they happen. Follow @runtimewire on Threads and LinkedIn. Free forever - no credit card, no nagging.

PR Newswire
Nov 2nd, 2026
Abacum launches Abra, an AI agent unifying business planning for 85%-adopting customer base

Abacum, an AI-native business planning platform, has launched Abra, an AI agent that brings its specialised agents into one experience. Users ask a question in plain language, and Abra routes the work to the right agent without them having to coordinate anything. Abra draws on a company's data, models, plans, and business context. Agents work within users' existing permissions, and proposed changes need human approval before they are applied. The launch follows strong uptake: more than 85% of Abacum customers use its agentic features every month. Abra is available now to all customers at no extra cost. Abacum, founded in 2020 and based in New York, is backed by more than $100 million from investors including Scale Venture Partners, Atomico, and Y Combinator.

Yahoo Finance
Oct 29th, 2026
Armanino and Abacum team up to bring ai-native FP&A to finance teams.

Armanino and Abacum team up to bring ai-native FP&A to finance teams. Armanino's advisory expertise pairs with Abacum's AI-native financial planning and analysis platform, giving clients a vetted path to modern FP&A SAN RAMON, Calif., October 29, 2026-(BUSINESS WIRE)-Armanino, one of the top 20 accounting and consulting firms in the U.S., today announced it is teaming up with Abacum, an AI-native financial planning and analysis (FP&A) platform built for the Office of the CFO. The alliance combines an integration relationship with a value-added reseller arrangement, giving Armanino clients direct access to Abacum's platform alongside Armanino's advisory expertise. The collaboration expands Armanino's growing ecosystem of AI-native finance and accounting solutions, bringing Abacum's FP&A capabilities into a technology portfolio that also includes solutions supporting accounting, tax and other specialized finance workflows. The firm has announced similar relationships with Rillet, Ramp and Accrual as it helps clients modernize specific areas of the finance function through purpose-built AI platforms. Abacum helps finance teams improve budgeting, forecasting, reporting, scenario planning, and decision-making by connecting financial and operational data in one place. The platform is one of the fastest-growing tools in the Office of the CFO software category and already works closely with systems including NetSuite, Microsoft Dynamics, Sage Intacct and Rillet. "Abacum's hyper growth is what first caught our attention. We watched them scale across the same mix of industries that we specialize in. We are excited by their platform that integrates with many of the systems our clients already use," said Dean Quiambao, Partner and Technology Industry leader at Armanino. "Our clients are asking where AI can make a meaningful difference in finance today, and this partnership gives us another purpose-built capability we can bring to those conversations." With this move, Armanino can help clients evaluate where Abacum fits within their existing technology stack, connect the platform with existing systems and support implementation and adoption. The relationship gives finance teams a more direct path to applying AI-native capabilities across planning and analysis without navigating the technology selection process alone. "Finance teams are under pressure to move faster and provide better insights to the business, but technology alone doesn't drive transformation," said Julio Martinez, CEO and Co-Founder at Abacum. "Armanino understands how finance teams operate and what it takes to actually leverage technology to drive better decisions, faster. Together, we can help finance teams put AI-native planning and analysis into practice."

U.S. Securities and Exchange Commission
Oct 25th, 2026
EDGAR Filing Documents for 0001856882-21-000001

EIN.: 384156291 | State of Incorp.: DE | Fiscal Year End: 1231Type: D | Act: 33 | File No.: 021-396407 | Film No.: 21836782

PR Newswire
Oct 13th, 2026
Building on Abacum intelligence, Abacum launches Modeler and brings Agentic Modeling to every finance team.

Building on Abacum intelligence, Abacum launches Modeler and brings Agentic Modeling to every finance team. Oct 13, 2026, 10:06 ET The AI-native FP&A platform brings expert-grade modeling to every finance team. Describe the plan in natural language, and Modeler builds it on live company data in minutes, calculated by Abacum's Engine and approved by finance. NEW YORK and BARCELONA, Spain, Oct. 13, 2026 /PRNewswire/ - Abacum, the AI-native FP&A platform, today launched Modeler, an AI agent that brings AgenticModeling to finance teams. Starting from natural language prompts or existing spreadsheets, Modeler transforms initial inputs into live, fully functional business models instantly ready for execution. AgenticModeling is a new approach in which finance defines what a model needs to do, and an AI agent builds it. Instead of building a model line by line, teams set the requirements and the agent does the work. It selects the right structure from proven model blueprints, maps it to the company's connected data and lays out the full logic for review. Work that has traditionally taken days or weeks of manual build now takes minutes, and the time it gives back goes where finance teams want it: analysis, scenarios and strategic decisions. That time matters. Building and maintaining models is one of the most time-intensive parts of the finance function, and in most companies the models that do exist live with one or two people. When those people are busy, the business waits. When they move on, every model they own is one resignation away from nobody understanding it. Modeler is built to change both. How Agentic Modeling Works * Build live models in minutes - ask for the model you need, such as "Build me a P&L from my GL data." Modeler scans the company's connected datasets and builds a working model with calculations across actuals and planning versions, ready to plan from day one. * Bring what you've built - upload an Excel file and Modeler reads its lines, sections and totals, then rebuilds that model on the data already connected to Abacum, so teams don't start from scratch. * Approve every plan - before anything is built, Modeler shows the full proposal, variable by variable, with the logic behind each one. Teams refine it in natural language, then approve or reject it. Nothing is saved without approval. * Trust the math -Modeler proposes the structure and logic; Abacum's deterministic calculation Engine performs every calculation, exactly as it does for models built by hand. * Explain any model - ask any model to explain its own logic, line by line: what each variable is, how they connect and how every number is calculated. New team members get up to speed without reverse-engineering someone else's work. * Grow any model - add variables, and add, edit or remove sections in existing models, just by asking. Time back for the work that matters With Modeler, the hours that used to go into building go into using the model. A headcount plan the VP of Finance needs by Friday is ready the same morning. A new revenue model for the board starts as a request, not a blank canvas. A question about how a forecast is calculated gets answered on the spot, without waiting for the one person who built it. Finance teams move faster, and the expertise stays with the team. Commenting on the launch of Modeler, Julio Martínez, Co-Founder and CEO of Abacum, said: "Finance has been told to do more with less for as long as anyone can remember. We think that promise has run its course. Modeler is about doing more with more: more models, built in minutes instead of weeks, by more of the team, with less lift than it has ever taken. The agent does the building, Abacum's Engine still does the math, and finance still approves every model. What changes is how fast you get there, and who gets to build." Martínez continues: "Every finance leader knows the model that lives in one person's head. That isn't a modeling problem, it's a resilience problem. When more of the team can ask for a model, see exactly how it works, refine it with natural language, and ask it to explain itself, the model belongs to the business. That's what AI-native should mean: not AI bolted onto the side of a platform, but a finance team that is AI-native itself." What's next Modeler is the first step in Abacum'sagenticmodeling roadmap. Later this year, it will bring complete workbooks into Abacum, including formulas and multi-tab files, and will extend editing deeper into existing models, so teams can refine what they've built as easily as they create it. Availability Modeler is available today to all Abacum customers as standard functionality, included in the Abacum platform at no additional cost. To see Modeler in action, visit https://www.abacum.ai/product/intelligence. About Abacum Abacum is the AI-native business planning platform. Built first for finance and extended to every department, Abacum holds a company's data, business logic and context in one governed layer, where AI agents and teams plan the business together. Agents own the recurring workflows; people own the judgment. More than 500 customers in over 40 countries run their planning on Abacum, including DISH, ThoughtSpot, Strava, Acorns and Replit. Founded in 2020 and headquartered in New York, with offices in Toronto, Barcelona, Buenos Aires and the UK, Abacum is backed by more than $100 million from investors including Scale Venture Partners, Atomico and Y Combinator. Abacum is ISO/IEC 27001 certified, SOC 2 Type II and GDPR compliant, and is the first new FP&A platform NetSuite has accepted into its Built for NetSuite program in over a decade. Learn more at https://www.abacum.ai/

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