Company was acquired
Event Year: 2013
Company was acquired
Event Year: 2013
Abacus offered a modern approach to expense management, designed to eliminate traditional month-end expense reports. Their real-time solution streamlined the process of reimbursing teams, reconciling corporate cards, and automating expense policies. By providing a user-friendly mobile app, Abacus enabled employees to quickly submit and approve expenses from anywhere, resulting in faster reimbursements. Furthermore, the platform integrated seamlessly with accounting software, automatically matching transactions to simplify bookkeeping. This collaborative and efficient system aimed to transform expense management into a more pleasant and productive experience.
Abacus offered a modern approach to expense management, designed to eliminate traditional month-end expense reports. Their real-time solution streamlined the process of reimbursing teams, reconciling corporate cards, and automating expense policies. By providing a user-friendly mobile app, Abacus enabled employees to quickly submit and approve expenses from anywhere, resulting in faster reimbursements. Furthermore, the platform integrated seamlessly with accounting software, automatically matching transactions to simplify bookkeeping. This collaborative and efficient system aimed to transform expense management into a more pleasant and productive experience.
Total Raised: Unknown (Y Combinator backed)
Last Round: Winter 2014
Total Raised: Unknown (Y Combinator backed)
Last Round: Winter 2014
B2B
B2B
B2B -> Finance and Accounting
B2B -> Finance and Accounting
Team size: 30
Hiring: No
Team size: 30
Hiring: No