Abacum

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.

YC Company

About Abacum

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Industries

Data & Analytics

Enterprise Software

Fintech

Financial Services

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

  • NetSuite customers reduce implementation risk and buy faster.
  • Live billing-to-forecast integration expands SaaS use cases and deepens workflow stickiness.
  • Over 50 integrations support continuous reforecasting across ERP, CRM, and HRIS systems.

What critics are saying

  • Oracle can push native planning tools and weaken Abacum’s NetSuite wedge.
  • Maxio controls a critical billing data pipe and can reshape the partnership.
  • Connector failures across live systems degrade forecast accuracy and customer trust.

What makes Abacum unique

  • Built for NetSuite status strengthens Abacum’s ERP-native credibility.
  • Maxio partnership connects billing data directly into forecasting models.
  • AI-native, multi-dimensional FP&A targets mid-market teams needing collaborative planning.

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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
Linktree
$60M
Abacum
$65M
Substack
$100M
ClickUp

Benefits

Health Insurance

Company Equity

Professional Development Budget

Wellness Program

Paid Vacation

Growth & Insights

Headcount

6 month growth

0%

1 year growth

-1%

2 year growth

-4%

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