202130 Nov

How We Raised 25M to Supercharge Finance Teams | Abacum


Today, fast-growing companies like Typeform, AllTrails, Cabify, Yoco, and Ebury are all turning to Abacums intuitive software to take a more modernized approach to their reporting, forecasting, and modeling. Julio was previously the co-founder and CEO of InnoCells, a digital innovation hub of Sabadell Bank, while Jorge was the CFO of several notable scale-ups such as Wallapop and TravelPerk. Lack of communication, collaboration, and automation bogged down reporting and forecasting, causing serious delays among finance teams while also leaving the door open to manual error. While keeping finance pain points in mind, Julio and Jorge decided to create a solution that not only automated financial data but also supported and encouraged collaboration across all teams to streamline reporting and improve forecasting accuracy. Abacum is built on the pillars of automation, collaboration and fast time-to-insight, specifically catering to SaaS, Fintech, Mobility, MarTech, and Marketplace industries.

Source: Abacum