We’re proud to announce that we’ve doubled down on Abacum, joining their $60M Series B round alongside an exceptional group of investors led by Scale Venture Partners, and joined by Cathay Innovation, Atomico, Creandum, and Y Combinator. This new round marks a major milestone for Abacum and the category they’re building at the heart of business planning.
At Kfund, we’ve believed in Abacum’s mission from the very beginning. Today, we remain just as convinced, and even more excited, about what’s coming next.
In today’s environment, speed is the biggest competitive advantage. Business decisions can’t wait until the end of the month, and companies need real-time visibility to navigate uncertainty and act with confidence.
Yet in most companies, finance teams are still stuck doing manual, low-leverage work: cleaning data, consolidating spreadsheets, chasing numbers. They operate in silos, disconnected from the rest of the business and disconnected from the opportunity to make an impact.
Abacum flips that reality on its head. Built by finance leaders for finance leaders, Abacum empowers CFOs and their teams to lead from the front, not play catch-up.
Making finance teams more influential
Abacum gives finance teams the tools to plan faster, collaborate better, and act sooner. No more waiting for monthly closes. No more reporting bottlenecks. With real-time access to financial and operational metrics, finance becomes a true strategic partner surfacing insights, forecasting scenarios, planning headcount, and making decisions that actually shape the future of the company.
There’s no reason for FP&A talent to spend their time moving data from one place to another. Automation is no longer a nice-to-have, it’s foundational. Abacum automates the tedious work so finance professionals can focus on what really matters: driving performance.
Above all, Abacum does one thing better than any other platform we’ve seen: it makes finance relevant again. It empowers teams not just to track what happened, but to influence what’s next. It gives the CFO a seat at the decision-making table, and the tools to bring strategic clarity to every part of the business.
It’s no surprise that customers like Strava, RapidSOS, Kajabi, and Mastercam are using Abacum to scale faster and smarter, with fewer resources and better results.
Why we’re reinvesting
We backed Abacum early because we believed in the team’s vision to reinvent the Office of the CFO. We’re reinvesting now because they’ve shown they can execute, and grow, at an impressive pace. With headquarters now in New York, offices in London and Barcelona, and over 50% of revenue coming from the U.S., Abacum is scaling globally with the same operational discipline they help their customers unlock.
Their next chapter? Pushing product innovation even further:
Abacum isn’t just improving finance operations, it’s upgrading the role of finance itself. And we couldn’t be more excited to continue supporting Julio, Jorge, and the entire team as they build the platform that modern finance deserves.
We’re proud to announce that we’ve doubled down on Abacum, joining their $60M Series B round alongside an exceptional group of investors led by Scale Venture Partners, and joined by Cathay Innovation, Atomico, Creandum, and Y Combinator. This new round marks a major milestone for Abacum and the category they’re building at the heart of business planning.
At Kfund, we’ve believed in Abacum’s mission from the very beginning. Today, we remain just as convinced, and even more excited, about what’s coming next.
In today’s environment, speed is the biggest competitive advantage. Business decisions can’t wait until the end of the month, and companies need real-time visibility to navigate uncertainty and act with confidence.
Yet in most companies, finance teams are still stuck doing manual, low-leverage work: cleaning data, consolidating spreadsheets, chasing numbers. They operate in silos, disconnected from the rest of the business and disconnected from the opportunity to make an impact.
Abacum flips that reality on its head. Built by finance leaders for finance leaders, Abacum empowers CFOs and their teams to lead from the front, not play catch-up.
Making finance teams more influential
Abacum gives finance teams the tools to plan faster, collaborate better, and act sooner. No more waiting for monthly closes. No more reporting bottlenecks. With real-time access to financial and operational metrics, finance becomes a true strategic partner surfacing insights, forecasting scenarios, planning headcount, and making decisions that actually shape the future of the company.
There’s no reason for FP&A talent to spend their time moving data from one place to another. Automation is no longer a nice-to-have, it’s foundational. Abacum automates the tedious work so finance professionals can focus on what really matters: driving performance.
Above all, Abacum does one thing better than any other platform we’ve seen: it makes finance relevant again. It empowers teams not just to track what happened, but to influence what’s next. It gives the CFO a seat at the decision-making table, and the tools to bring strategic clarity to every part of the business.
It’s no surprise that customers like Strava, RapidSOS, Kajabi, and Mastercam are using Abacum to scale faster and smarter, with fewer resources and better results.
Why we’re reinvesting
We backed Abacum early because we believed in the team’s vision to reinvent the Office of the CFO. We’re reinvesting now because they’ve shown they can execute, and grow, at an impressive pace. With headquarters now in New York, offices in London and Barcelona, and over 50% of revenue coming from the U.S., Abacum is scaling globally with the same operational discipline they help their customers unlock.
Their next chapter? Pushing product innovation even further:
Abacum isn’t just improving finance operations, it’s upgrading the role of finance itself. And we couldn’t be more excited to continue supporting Julio, Jorge, and the entire team as they build the platform that modern finance deserves.
