Barcelona-based Abacum, a business planning software company, has raised a €52.5 million Series B round led by Scale Venture Partners for further development of their Agentic AI, modeling engine, and collaborative workflows.
The funding will be used for US expansion and product innovation focusing on Multi-agentic AI, a powerful modeling engine, a robust data layer, and collaborative workflows to empower finance teams and drive performance.
Abacum's business planning platform aims to simplify finance operations, save time, enable confident planning, and facilitate better decision-making by combining simplicity with enterprise-grade flexibility.
As pioneers of Vertical AI, Abacum is committed to transforming the role of CFOs into strategic growth engines through data, automation, and intelligence, while achieving sustainable scaling for customers.