Abacus

http://abacus.com/

Y Combinator // YC W14 starting 2014-01-01

Exited

Key notes: Abacus is an intuitive way for you to reimburse your team, reconcile corporate cards, and implement your expense policy.

Office address: 39 E 20th st, Floor 4, New York, New York, United States

Description: Abacus Labs, Inc. develops Abacus, a mobile application that simplifies and enhances the expense-management system for employees and managers. Abacus was founded in 2013 by Omar, Ted, and Josh with a simple idea: when employees at your company incur expenses, you should be able to pay them back quickly. Abacus has been designed from the ground up to keep pace with the speed at which business now moves. Replacing the expense report with a real time expense system, Abacus is helping businesses get money wherever it needs to go faster. By accounting for company spend at the expense level as it’s happening, Abacus keeps all company business systems in sync and offers the most dynamic reporting on the market. Its goal is to provide finance teams with tools and data that enable them to become a strategic pillar in their organization.

View details on Crunchbase:

http://www.crunchbase.com/organization/abacus-labs

$ 3,620,000 over 3 funding rounds.

Seed-DB Exit data:

Angellist Page:

https://angel.co/abacus

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Funding Rounds

Date	Name	$ Invested	Crunchbase link
2014-10-29	None	$ 3,500,000	Detailed data
2014-03-25	None	$ 120,000	Detailed data
2016-07-18	None		Detailed data

Investors

Round Date	Round Name	Investor	Crunchbase Link