Summer 2026
Posted on 8/10/2025
Concentrated long-only value investor
No salary listed
New York, NY, USA
In Person
Abdiel Capital is a New York-based investment firm that makes concentrated, long-only bets on publicly traded companies. It looks for firms likely to gain market share over long horizons, preferring recurring revenue and leaders with a large personal stake in the stock. The firm builds portfolios of high-conviction ideas and values them by the long-term cash flows the entire business could generate if owned outright. Abdiel differentiates itself by emphasizing under-the-hood factors like product quality, corporate culture, and insider ownership, and by maintaining a concentrated portfolio with a multi-year time horizon to pursue absolute returns that beat the market.
Company Size
N/A
Company Stage
N/A
Total Funding
$131.6M
Headquarters
New York City, New York
Founded
2006
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Abdiel Capital Advisors sold 1,075,738 shares of Appian during the fourth quarter of 2025, an estimated $38.32 million transaction based on quarterly average pricing, according to an SEC filing dated 17 February 2026. The firm reduced its stake to 12.4% of reportable assets under management, with the position valued at $8.80 million as of 31 December 2025. Appian shares have declined more than 25% in 2026 and are down roughly 20% over the past year. Despite the reduction, Appian remains a significant holding for Abdiel, which maintains concentrated positions in companies including HCA Healthcare, Global-E Online and Affirm. Appian, a low-code automation platform provider, reported $726.9 million in full-year 2025 revenue, up 18%, and delivered positive GAAP net income of $1.2 million.
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