As CFOs, we spent years buried in spreadsheets and outdated software, chasing data across systems, and trying to build forecasts on tools that weren’t designed for us. We knew finance could, and should, play a more strategic role in the business.
So, we set out to build the platform we always wished we had – a platform designed for speed, flexibility, and collaboration.
Our mission has always been to make finance teams the heroes of their company and today we’re excited to announce a major milestone on that journey: our $60M Series B led by Scale, with strong participation from new investor Cathay Innovation, and continued backing from existing investors Y Combinator, Creandum, K Fund and Atomico.
But this raise isn’t just about the capital – it’s about the customers who’ve trusted us, challenged us, and helped us grow. It’s about doubling down on our commitment to deliver more value, more innovation, and more support to the teams we serve.
With this funding, we’re investing heavily in:
Product innovation: we’re shipping faster than ever with a focus on scaling our powerful modeling engine, introducing a broader suite of integrations, and enabling collaborative workflows that both finance and non-finance teams will love.
AI-native experiences: we believe AI should go beyond buzzwords and deliver real, tangible benefits to finance teams – like automating repetitive tasks, surfacing insights faster, and helping teams predict what’s next. The future of FP&A lies in AI-native platforms where automation works hand in hand with human decision-making – and we’ve already built the foundation.
Global expansion: the U.S. is our fastest-growing market and we’re rapidly expanding to meet the increasing demand. At the same time, we’re scaling our team and operations to ensure every customer has the support they need no matter where they are.
We believe finance is undergoing a generational shift. CFOs and FP&A leaders are ready for a change and deserve better tools to become strategic drivers.
From day one, our mission has been clear: to make Finance teams the hero of their organization. This raise is a recommitment to that mission and to the future we’re building together.
To our customers, team, and partners: thank you for believing in this vision. We’re just getting started.
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Julio & Jorge
Co-Founders, Abacum
