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Abacus

Abacus is a comprehensive, innovative and easy-to-use iPad point of sale that has thought of everything a business owner needs.

Backed by

HomebrewHomebrew
Google VenturesGoogle Ventures
Bessemer Venture PartnersBessemer Venture Partners
CrunchFundCrunchFund
General CatalystGeneral Catalyst
FundersClubFundersClub
Sherpalo VenturesSherpalo Ventures
BloodstoneBloodstone
Sumon SadhuSumon Sadhu
Paul BuchheitPaul Buchheit
Naval RavikantNaval Ravikant
NasNas
Josh ReevesJosh Reeves
Jeff EpsteinJeff Epstein
Iqram Magdon-IsmailIqram Magdon-Ismail
Patrick CollisonPatrick Collison
John CollisonJohn Collison
Adam ErlebacherAdam Erlebacher
Andrew KortinaAndrew Kortina

Raised 3.5M SEED on November 3, 2014

About

Abacus is a realtime employee expense management system that automates reimbursements and provides managers visibility into corporate spending and cash flow.

Mission

Abacus provides a realtime employee expense system that lets employees spending on behalf of their company be reimbursed quickly and gives managers visibility into cash flow. The product launched in January and is already used by Pinterest, Foursquare, Coinbase, Betterment and over 150 other customers. The company plans to use the seed funding to hire new people and continue to expand operations. Abacus was co-founded by Omar Qari, Ted Power and Joshua Halickman. The service emphasizes speed of reimbursement and manager monitoring of corporate spending. The company is based in New York City.

Quick Facts

Founded

2015

Funding

SEED

Industry

Information Technology, Point of Sale, Software

Team Size

11-50

Headquarters

Melbourne, Victoria, Australia

Careers

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No open roles at this time.

Check their careers page for updates