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
- 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
Investors
Ranked
4th among 383 active competitors
Employee Count
49 as on Dec 31, 2023
Investment & Acquisitions
Legal entities associated with Abacus.AI
Abacus.AI is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
---|---|---|---|---|
Jul 23, 2002 | - | - | - |
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Abacus.AI's funding and investors
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 |
View details of Abacus.AI's funding rounds and investors
Abacus.AI's founders and board of directors
Founder? Claim ProfileHere are the details of Abacus.AI's key team members:
- Bindu Reddy: Co-Founder & CEO of Abacus.AI and founder of 1 other company. Contact Info: 1 email address
- Arvind Sundararajan: Co-Founder & CTO of Abacus.AI and founder of 1 other company. Contact Info: 1 email address
- Siddartha Naidu: Co-Founder of Abacus.AI. Contact Info: 1 email address
View details of Abacus.AI's Founder profiles and Board 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:Access Tracxn on any website
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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:
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Overall Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
---|---|---|---|---|---|
1st | Veritone 2014, Irvine (United States), Public | Platform offering AI and cloud-based cognitive analytics platform for audio and video content | $15M | 72/100 | |
2nd | Weights & Biases 2017, San Francisco (United States), Acquired | Provider of machine learning model development and management solutions | $250M | 71/100 | |
3rd | DataRobot 2012, Boston (United States), Series G | Provider of an AI and cloud based data science platform | $1.05B | 71/100 | |
4th | Abacus.AI 2019, San Francisco (United States), Series C | Provides AI based data models creation for data science | $90.2M | 67/100 | |
5th | Anyscale 2019, San Francisco (United States), Series C | Provider of an AI-based open source framework for building distributed applications | $260M | 66/100 | |
6th | Lightning 2017, New York City (United States), Series C | Provider of low code AI application development software | $127M | 62/100 | |
7th | MindsDB 2017, Berkeley (United States), Series A | Predictive analytics platform for enterprise data | $53.7M | 60/100 | |
8th | Provider of an AI-based data science and modelling platform | $1.07B | 60/100 | ||
9th | Kumo 2021, Mountain View (United States), Series B | Provider of a SaaS-based platform for enterprises for analytics | $37M | 57/100 | |
10th | 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
Media has covered Abacus.AI for a total of 3 events in the last 1 year.
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BUSINESS IT.ie expands with seven-figure Abacus Systems acquisitionSilicon Republic•Jun 18, 2025•IT.ie, Abacus.AI
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Ki Corporation and Public Storage to Acquire Abacus Storage KingThe Joplin Globe•Apr 07, 2025•KI Corporation, Public Storage, Abacus.AI
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Salta Education Group accelerates expansion in São Paulo with acquisition of the abacusnoticiasdabolsa.com.br•Jun 16, 2024•Salta Group, Abacus.AI
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Audiconsultores Etl Global Advisor A Abacus in the creation of a new audiovisual projectExpansion•Jun 11, 2024•Audiconsultores Etlglobal, Abacus.AI, Enciclopedia.cat
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Platform Buys R$17 Million Startup To Teach Technology With Pc GamesExame•Feb 28, 2024•Abacus.AI, Mooney
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Abacus.AI to invest $50 mn in India, to hire 200 people in India R&D unitOne News Page•Jan 18, 2022•Abacus.AI
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Abacus.ai received US$50 million in Series C financing, led by Tiger GlobalPEdaily•Oct 28, 2021•Abacus.AI, Tiger Global Management, Coatue, Alkeon Capital Management and 1 other
•
Abacus.ai Publishes Paper on ‘Explainable Machine Learning’ for NeurIPS 2021AiThority•Oct 28, 2021•Abacus.AI
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