EU-Startups Podcast | Episode 142: Julio Martinez, Co-founder and CEO of Abacum
Abacum, a financial planning platform, is the focus of a recent EU-Startups Podcast episode, highlighting the company's growth and its role in modernizing financial workflows. Founded in 2020, Abacum has secured $105 million in funding to date, indicating strong investor confidence in its potential to disrupt traditional financial processes. The platform serves hundreds of mid-market companies across 31 countries, emphasizing its global reach and adoption. The platform assists CFOs and finance teams by forecasting revenue, planning headcount, and modeling financial scenarios. This approach replaces the reliance on spreadsheets with real-time, collaborative planning tools. The company is led by Julio Martinez, an experienced entrepreneur with a fintech background, and has expanded its team to over 100 employees across Barcelona, New York, and London. Abacum's impact lies in its ability to streamline financial operations and improve decision-making through data-driven insights. It helps finance teams move from outdated, spreadsheet-heavy workflows to a more efficient and collaborative approach. Furthermore, the podcast highlights how the platform caters to both European and US markets, which have different approaches to business control and speed.
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