Abacum
YC W21New York City, US · Founded 2020 · 125 employees · Hiring · 4 known investors
Abacum is a financial planning and analysis (FP&A) platform designed for mid-market finance teams. The platform enables clients to manage planning models without requiring system administrators, supporting faster implementation and adoption across finance and broader organizational teams.
AI & Machine LearningEnterprise SoftwareFintechSaaSFinOpsUnited States of AmericaAmerica / CanadaPartly Remote
Founders & leadership· Y Combinator alumni (W21)
Abacum was founded in 2020 by Jorge Lluch and Julio Martinez.
JL
Jorge Lluchin𝕏Co-Founder, COO and CFOJorge Lluch worked at three Spanish internet companies—Travelperk, Wallapop, and Privalia—and alongside entrepreneur Martín Varsavsky before founding Abacum, which focuses on startup financing.
JM
Julio Martinezin𝕏FounderHe previously led a fintech venture builder and worked in investment banking at Citi across multiple global offices, and holds an MBA from IESE Business School and a Stanford executive program certificate.
Investors · 4
Funding
SEC filings, press & company announcements$120M disclosed across 2 rounds · 2025
Source: company announcements and press reports — follow each round's link for the claim.
Founder mafia
2 people who came through Abacum went on to found or lead other companies.
Competitors · 9
by search overlap
Intuit®3251 shared keywordsIntuit develops financial software products—including TurboTax, Credit Karma, QuickBooks, and Mailchimp—for consumers and small businesses to manage taxes, credit, accounting, and marketing. It serves approximately 100 million customers worldwide.
Bill.com Holdings, Inc.3110 shared keywordsBILL is a unified financial operations platform that automates accounts payable, receivables, and spend management for businesses. The platform processes over $345 billion in annual payment volume and serves nearly 500,000 customers across the US and 130+ countries.
GoCardless2877 shared keywordsGoCardless provides bank payment collection and open banking data access services. The platform enables businesses to collect domestic and international payments via bank accounts and securely access customer bank account data across 2,300+ banks in the UK and Europe.
Fresh Books2620 shared keywordsFreshBooks is a cloud-based accounting and invoicing platform designed for small service-based businesses. The software helps business owners manage invoicing, accounting, and financial connections with customers.
Ramp2399 shared keywordsRamp offers a finance platform that combines corporate cards, expense management, and AI-driven automation for receipt capture, transaction coding, and reimbursements. It serves finance teams and businesses looking to consolidate spending tools and automate accounting workflows.
Xero2245 shared keywordsXero provides cloud-based accounting software for small businesses and their advisors, serving around 5 million customers across 180+ countries including Australia, the UK, the US, and New Zealand. The page is an investor relations section covering financial results, annual reports, and shareholder information.
BDC Capital2162 shared keywordsBusiness Development Bank of Canada (BDC) provides financing, advisory services, and educational resources to Canadian entrepreneurs and small and medium-sized businesses. It offers loans, working capital, and tailored support programs, including dedicated resources for Black, Indigenous, and women entrepreneurs.
Cube2036 shared keywordsCube is an AI-powered financial intelligence platform for FP&A teams that integrates with Excel, Google Sheets, PowerPoint, Slack, and source systems to automate financial planning, analysis, and reporting. It serves finance teams across organizations seeking to reduce manual work and improve data accuracy.
Datarails1956 shared keywordsDatarails provides FinanceOS, a governed, Excel-connected operating layer that consolidates and maps financial data from ERP, CRM, HRIS, and 600+ sources for finance teams and the office of the CFO. The platform supports FP&A, month-end close, cash forecasting, and spend control while connecting governed data to AI tools with version control, audit trails, and permissions.
Companies competing with Abacum for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does Abacum do?
- Abacum is a financial planning and analysis (FP&A) platform designed for mid-market finance teams. The platform enables clients to manage planning models without requiring system administrators, supporting faster implementation and adoption across finance and broader organizational teams.
- Who founded Abacum?
- Abacum was founded by Jorge Lluch, Julio Martinez in 2020.
- Who are Abacum's investors?
- Abacum's investors include Scale Venture Partners, Y Combinator, Atomico, FJ Labs.
- How much funding has Abacum raised?
- Abacum has disclosed $120M raised across 2 rounds.
- Where is Abacum headquartered?
- Abacum is headquartered in New York City, US.