The expression “increased finance” has imposed itself in the language of B2B startups, since 2020, Abacum has developed a SaaS solution of Financial Planning & Analysis (FP & A), intended to simplify financial planning, budget forecasts and performance management. The promise is in a word, automating, by offering real -time forecasts, scenarios modeling, anomalies detection, data classification, or workflows management … all integrated into a collaborative interface.
This new B series, led by Scale Venture Partners, supports the business trajectory. Cathay Innovation, Y Combinator, Creundum, Kfund and Atomo, already shareholders, have also participated. In sight, a strengthening of R&D teams and produced, to make AI an operational performance lever rather than a simple marketing argument.
“” Our goal is clear. We want financial directions to be able to operate in real time, with total visibility on their data, and the ability to simulate complex decisions without friction “Explain the co -founders Julio Martínez and Jorge Lluch. Both old CFOs, they insist on the need for tools designed by practitioners, capable of meeting the requirements of structuring, transparency and coordination of a pressure finance function.
In a few years, the FP & A market has been densified, from Pigment to Mosaic, via Planful, Cube or Workday Adaptive Planning, solutions are multiplying, at the intersection of BI, SaaS and business tools. Abacum intends to differentiate itself by its ability to unify data sources (more than 50 native integrations), to generate reports automatically, and to make collaboration as fluid as in a Google Sheet, but with the analytical power of a management control tool.
The stake, beyond the features, remains the adoption, the AI integrated into the platform is designed to assist through suggestions of forecasts, generation of financial summaries, alerts on statistical anomalies. A strategic assistant, which allows the finance function to focus on analysis and decision.
The challenge is primarily technological, in a market where reliability and robustness are prerequisites. Then cultural, because the financial teams are not very inclined to switch to algorithmic environments without proof of immediate value.
Installed between Barcelona, London and New York, the company now has 65 employees. She achieves more than half of her turnover in the United States. With this new financing, it aims for commercial acceleration on the North American market and a technological deepening of its platform.
