Abacus AI Inc. (Seed)
Funding Details
Awarder
Inbox
Date Award
July 10, 2025
Vertical
AI and Accounting
Funding Amount
$6,600,000
Company Info
Traction
Abacus aims to automate data entry, which is a major pain point in tax preparation, allowing firms to handle workloads more effectively amidst staff shortages.
Founders
Cody Sugarman, Brandon Sugarman
Market
Accounting Firms
Location
USA
Coinvestors
Menlo Ventures LP, Pear VC, Recall Capital, Original Capital
Company Description

Abacus AI Inc. is a startup that provides AI assistants to accounting firms, aiming to modernize operations by automating high-volume tasks and enhancing efficiency. Founded by engineers from Stanford, the company focuses on transforming junior-level preparers into reviewers, thereby improving the overall workflow in CPA firms.

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