Abacus Labs acquired by Certify
Abacus, the real-time expense reporting and management solution, has been acquired by Portland, ME-based Certify Group. Terms of the transaction were not disclosed. “We are thrilled to join Certify’s family of brands. Teaming up with Certify will give our team the opportunity to grow Abacus’ market presence by leveraging Certify’s resources and expertise,” says Omar Qari, CEO of Abacus. “Learning more about how aligned our vision is with Certify’s helped us realize that the fastest way to achieve our goals was to join their organization.”
Investors in the acquired company: Y Combinator, Bessemer Venture Partners, General Catalyst, GV, FundersClub, CrunchFund, QueensBridge Venture Partners, Sherpalo Ventures, Homebrew, 645 Ventures, Slack, Joshua Reeves, Lunch Van Fund, Patrick Collison, Jeff Epstein, John Collison, Sumon Sadhu
Total funding raised: $3.6M
Full coverage: Expense Management Platform Abacus Acquired by Certify
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