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Abacus.AI - About the company

Abacus.AI is a series C company based in San Francisco (United States), founded in 2019 by Bindu Reddy, Arvind Sundararajan and Siddartha Naidu. It operates as a Provides AI based data models creation for data science. Abacus.AI has raised $90.2M in funding from Tiger Global Management and Coatue. The company has 383 active competitors, including 105 funded and 16 that have exited. Its top competitors include companies like Veritone, Weights & Biases and DataRobot.

Company Details

Provides AI based data models creation for data science. The main use cases are marketing and sales. It uses artificial intelligence and allows users to create custom models. It provides marketing teams with the ability to predict customer churn and provides sales teams with predictive lead scoring and sales forecasting.
Website
abacus.ai
Social
Twitter
Email ID
*****@abacus.ai
Key Metrics
Founded Year
2019
Location
San Francisco, United States
Stage
Series C
Total Funding
$90.2M in 4 rounds
Latest Funding Round
Ranked
Employee Count
49 as on Dec 31, 2023
Investment & Acquisitions
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Abacus.AI's funding and investors

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Abacus.AI has raised a total funding of $90.2M over 4 rounds. Its first funding round was on Jun 12, 2019. Its latest funding round was a Series C round on Oct 27, 2021 for $50M. 4 investors participated in its latest round, lead by Tiger Global Management.

Abacus.AI has 9 institutional investors including Tiger Global Management, Coatue and Index Ventures. There are 14 Angel Investors in Abacus.AI.

Here is the list of recent funding rounds of Abacus.AI:
Date of funding
Funding Amount
Round Name
Post money valuation
Revenue multiple
Investors
Oct 27, 2021
$50M
Series C
1370169
4010628
Nov 18, 2020
$22M
Series B
4700607
1932368
Jul 14, 2020
$13M
Series A
4344628
4620380
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Abacus.AI's founders and board of directors

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The founders of Abacus.AI are Bindu Reddy, Arvind Sundararajan and Siddartha Naidu.
Here are the details of Abacus.AI's key team members:

Abacus.AI's employee count trend

Abacus.AI has 49 employees as of Dec 23. The total employee count is 14.0% more than what it was in Dec 22. Here is Abacus.AI's employee count trend over the years:
Employee count trend for Abacus.AI
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Abacus.AI's Competitors and alternates

Top competitors of Abacus.AI include Veritone, Weights & Biases and DataRobot. Here is the list of Top 10 competitors of Abacus.AI, ranked by Tracxn score:
Overall Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Veritone
Veritone
2014, Irvine (United States), Public
Platform offering AI and cloud-based cognitive analytics platform for audio and video content
$15M
72/100
2nd
Logo for Weights & Biases
Weights & Biases
2017, San Francisco (United States), Acquired
Provider of machine learning model development and management solutions
$250M
71/100
3rd
Logo for DataRobot
DataRobot
2012, Boston (United States), Series G
Provider of an AI and cloud based data science platform
$1.05B
71/100
4th
Logo for Abacus.AI
Abacus.AI
2019, San Francisco (United States), Series C
Provides AI based data models creation for data science
$90.2M
67/100
5th
Logo for Anyscale
Anyscale
2019, San Francisco (United States), Series C
Provider of an AI-based open source framework for building distributed applications
$260M
66/100
6th
Logo for Lightning
Lightning
2017, New York City (United States), Series C
Provider of low code AI application development software
$127M
62/100
7th
Logo for MindsDB
MindsDB
2017, Berkeley (United States), Series A
Predictive analytics platform for enterprise data
$53.7M
60/100
8th
Logo for 4Paradigm
4Paradigm
2014, Beijing (China), Public
Provider of an AI-based data science and modelling platform
$1.07B
60/100
9th
Logo for Kumo
Kumo
2021, Mountain View (United States), Series B
Provider of a SaaS-based platform for enterprises for analytics
$37M
57/100
10th
Logo for Liquid AI
Liquid AI
2023, Brookline (United States), Series A
Platform offering general-purpose AI systems
$297M
57/100
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Abacus.AI's Investments and acquisitions

Abacus.AI has a total of 1 investment in FlipFlow. Abacus.AI has not made any acquisitions as of now.

Reports related to Abacus.AI

Here is the latest report on Abacus.AI's sector:

News related to Abacus.AI

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Media has covered Abacus.AI for a total of 3 events in the last 1 year.
Abacus Mining Announces FinancingJuniorminingnetworkFeb 28, 2025Abacus.AI
Abacus.AI Named a 2021 Gartner Cool VendorPR NewswireDec 17, 2021Abacus.AI
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