Abacus Labs, Inc. develops Abacus, a mobile application that simplifies and enhances the expense-management system for employees and managers.

Abacus was founded in 2013 by Omar, Ted, and Josh with a simple idea: when employees at your company incur expenses, you should be able to pay them back quickly. Abacus has been designed from the ground up to keep pace with the speed at which business now moves.

Replacing the expense report with a real time expense system, Abacus is helping businesses get money wherever it needs to go faster. By accounting for company spend at the expense level as it’s happening, Abacus keeps all company business systems in sync and offers the most dynamic reporting on the market. Its goal is to provide finance teams with tools and data that enable them to become a strategic pillar in their organization.

Abacus Labs

Iqram Magdon-Ismail

Philadelphia, Pennsylvania, United States, North America

Annouced Date	Organization Name	Funding Round	Money Raised
Aug 14, 2015	hellotoken	Angel Round - hellotoken	500.0K
Feb 25, 2021	Stitch	Seed Round - Stitch	4.0M
Oct 10, 2023	Modal Labs	Series A - Modal Labs	16.0M
Jan 04, 2024	Hatz AI	Seed Round - Hatz AI	2.5M

Iqram Magdon-Ismail

Iqram Magdon-Ismail has made 6 investments. Their Latest investment was Seed Round - Hatz AI on Jan 04, 2024

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