Tech Company Financing Transactions

Abacus Expense Funding Round

Bessemer Venture Partners, General Catalyst Partners and FundersClub participated in a $3.5 million Seed capital raise for Abacus Expense. The round was announced on 10/30/2014.

Transaction Overview

Company Name
Announced On
10/30/2014
Transaction Type
Venture Equity
Amount
$3,500,000
Round
Seed
Investors

Bessemer Venture Partners (Lead Investor)

General Catalyst Partners (Lead Investor)

FundersClub

GV

Homebrew Ventures

private investors (Adam Erlebacher)

private investors (Andrew Kortina)

private investors (Iqram MagdonIsmail)

private investors (Jeffrey Epstein)

private investors (John Collison)

private investors (Josh Reeves)

private investors (Naval Ravikant)

private investors (Patrick Collison)

private investors (Paul Buchheit)

Sherpalo Ventures

Tuesday Capital

Proceeds Purpose
Proceeds purposes were not disclosed.

Company Information

Company Status
Acquired or Merged
Industry
Software
Mailing Address
39 East 20th St.
New York, NY 10003
USA
Phone
Undisclosed
Email Address
Overview
Abacus is simple and intuitive expense reporting software to help you reimburse your team, reconcile corporate cards, and implement your expense policy.
Profile
Abacus Expense LinkedIn Company Profile
Social Media
Abacus Expense Company Twitter Account
Company News
Abacus Expense News
Facebook
Abacus Expense on Facebook
YouTube
Abacus Expense on YouTube

Management Team

Title
Name
Email & Social
Co-Founder
Joshua Halickman
  Joshua Halickman LinkedIn Profile  Joshua Halickman Twitter Account  Joshua Halickman News  Joshua Halickman on Facebook
Co-Founder
Ted Power
  Ted Power LinkedIn Profile  Ted Power Twitter Account  Ted Power News  Ted Power on Facebook
Co-Founder
Omar Qari
  Omar Qari LinkedIn Profile  Omar Qari Twitter Account  Omar Qari News  Omar Qari on Facebook


 

 

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Prev: 10/30/2014: VytronUS venture capital transaction
Next: 10/30/2014: Curioos venture capital transaction

 

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Where The Data Comes From

Our team works diligently to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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