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How Much Did Abacus Raise?
Funding & Key Investors

Abacus, a global IT services firm catering to alternative investment entities, has secured $990K in total financing, with its most recent capital injection amounting to $0. This significant enterprise-level funding underscores the company's established position in providing a specialized enterprise technology platform for the financial services sector.

What is Abacus?

Abacus
Business ServicesSoftware Testing

Founded in 2008 and headquartered in New York, NY, Abacus Group offers a comprehensive technology platform meticulously designed to meet the unique operational and compliance demands of alternative investment firms. The company's solutions aim to streamline processes, enhance data management, and support the growth ambitions of its clientele within the complex financial services landscape.

How much funding has Abacus raised?

Abacus has raised a total of $990K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$640K

Debt (2020): $350K with participation from PPP

Debt (2021): $640K led by PPP

What's next for Abacus?

With substantial enterprise-level backing, Abacus is strategically positioned for continued expansion and enhancement of its technology offerings. The company's focus on the alternative investment sector suggests a trajectory aimed at deepening its market penetration, potentially through product innovation, service expansion, or strategic partnerships. This latest round of investment will likely fuel initiatives to further solidify its role as a critical technology provider for financial institutions navigating an increasingly digital and regulated environment.

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Frequently Asked Questions Regarding Abacus Financial Insights

What are the most recent funding rounds that Abacus has completed, and what were the funding rounds?
Abacus has recently completed 2 funding rounds: Debt on Jan 23, 2021, Debt on Apr 28, 2020. What is the total amount of funding Abacus has raised to date?
Abacus has raised a total of $990K in funding to date. How many funding rounds has Abacus completed?
Abacus has completed 2 funding rounds. How much funding did Abacus raise in its most recent funding round?
Abacus raised $640K in its most recent funding round. Who are the lead investors in Abacus's latest funding round?
The lead investor in Abacus's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo. Which was the largest funding round in Abacus's history?
The largest funding round in Abacus's history was $640K.
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