abacus.aiEnterprise Software / Data IntelligenceFounded: 2019Funding to Date: $90.36MM
Abacus.AI is a provider of an outsourced AI training platform with a mission to help customers design, customize, and train their deep learning models. Aiming to be an AI “super-assistant” for professionals, the company features predictive modeling, anomaly detection, and a ChatLLM. Abacus.AI was founded by Arvind Sundararajan, Bindu Reddy, and Siddartha Naidu in 2019 and is headquartered in San Francisco, CA.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
10/27/2021 | Series C | $50MM | $xx.xx | $358.14MM | Tiger Global Management, Coatue Management, Index Ventures, Alkeon Capital | |
Price per Share
$xx.xx
Shares Outstanding
3,868,080
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Tiger Global Management, Coatue Management, Index Ventures, Alkeon Capital
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11/18/2020 | Series B | $22MM | $xx.xx | $106.18MM | Coatue Management, Decibel Partners, Index Ventures | |
Price per Share
$xx.xx
Shares Outstanding
5,054,681
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Coatue Management, Decibel Partners, Index Ventures
|
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07/14/2020 | Series A | $13MM | $xx.xx | $58.1MM | Mike Volpi, Eric Schmidt, Jerry Yang, Ram Shriram, Mariam Naficy, Erica Shultz, Neha Narkhede, Xuezhao Lan, Jeannette Furstenberg, Decibel Partners | |
Price per Share
$xx.xx
Shares Outstanding
3,995,568
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Mike Volpi, Eric Schmidt, Jerry Yang, Ram Shriram, Mariam Naficy, Erica Shultz, Neha Narkhede, Xuezhao Lan, Jeannette Furstenberg, Decibel Partners
|
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06/12/2019 | Series Seed | $5.36MM | $xx.xx | $21.45MM | Eric Schmidt, Ram Shriram, Khosla Ventures, Paul Buchheit, Deepchand Nishar, Elad Gil, Keval Desai, Don Burnette | |
Price per Share
$xx.xx
Shares Outstanding
3,147,114
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Eric Schmidt, Ram Shriram, Khosla Ventures, Paul Buchheit, Deepchand Nishar, Elad Gil, Keval Desai, Don Burnette
|