# Emburse Spend (formerly Abacus)

**Source:** https://www.startuphub.ai/startups/emburse-spend-formerly-abacus
**Profile type:** Startup

> Emburse provides a suite of expense management and accounts payable solutions for businesses.

## About

Emburse provides travel and expense management software solutions, including expense management, travel, AP automation, and payments. Their platform offers real-time spend visibility, AI-driven insights, and compliance tools to help finance teams manage spend with greater control. Emburse serves businesses seeking to improve accuracy, strengthen compliance, and reduce manual work across their financial workflows.

## Key facts

- **Slug:** emburse-spend-formerly-abacus
- **Website:** https://www.emburse.com/
- **Location:** Los Angeles, United States
- **Founded:** 2011-01-01
- **Operating status:** Active
- **Total funding:** $95M
- **Sectors / tags:** Fintech, Expense Management, Accounts Payable, Corporate Cards, Business Spend Management, Workflow Automation, Enterprise Software
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/emburse
  - Twitter: https://x.com/emburse
  - Facebook: https://www.facebook.com/emburse

## Frequently asked

### What does Emburse Spend (formerly Abacus) do?

Emburse provides travel and expense management software solutions, including expense management, travel, AP automation, and payments. Their platform offers real-time spend visibility, AI-driven insights, and compliance tools to help finance teams manage spend with greater control. Emburse serves businesses seeking to improve accuracy, strengthen compliance, and reduce manual work across their financial workflows.

### What is Emburse Spend (formerly Abacus)'s revenue?

StartupHub estimates Emburse Spend (formerly Abacus)'s annual revenue at $41.1M (range $32.5M to $77.6M, 28% confidence), based on comparable companies in the sector.

### What is Emburse Spend (formerly Abacus)'s valuation?

StartupHub estimates Emburse Spend (formerly Abacus)'s effective valuation at $357.2M (range $237.5M to $570.0M, 10% confidence), based on comparable companies in the sector.

### How much funding has Emburse Spend (formerly Abacus) raised?

Emburse Spend (formerly Abacus) has raised a total of $95M in funding. The most recent round on record is Series C.

### Where is Emburse Spend (formerly Abacus) headquartered?

Emburse Spend (formerly Abacus) is headquartered in Los Angeles, United States.

### When was Emburse Spend (formerly Abacus) founded?

Emburse Spend (formerly Abacus) was founded in 2011.

### What industry does Emburse Spend (formerly Abacus) operate in?

Emburse Spend (formerly Abacus) operates in Fintech, Expense Management, Accounts Payable, Corporate Cards, Business Spend Management, Workflow Automation.

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