Abacum Raises $60m in Series B Funding
Deal News | Jun 11, 2025 | Cathay Capital
Abacum, a business planning software company, has successfully raised $60 million in a Series B funding round led by Cathay Capital. This latest injection of funds comes as Abacum aims to lead a new era of business planning. The company is focusing on enhancing its software capabilities to support more efficient and strategic planning processes for businesses worldwide. Based in Paris, France, Abacum's recent financial boost underscores its commitment to driving transformation in the business planning sector.
Sectors
- Financial Technology
- Business Services
Geography
- France – Abacum is based in Paris, France, making the geography relevant to its operations and funding activities.
- Global – Although based in France, the funding and development of Abacum's software solutions have worldwide implications.
Industry
- Financial Technology – The article discusses Abacum's advancements in business planning software, a product that is part of the financial technology sector.
- Business Services – Abacum provides business planning solutions, aiding companies in strategic planning and financial management, thus fitting into the business services category.
Financials
- $60 million – Amount raised by Abacum in its Series B funding round.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Abacum | Target Company | Company | A company specializing in business planning software. |
| Cathay Capital | Investor | Company | A private equity firm leading the $60 million Series B funding round for Abacum. |