Latka logo

Valuation

$160M

2024 Revenue

$11.8M

Funding

$54.2M

YOY

26.5%

Team

64

Founded

2015

How Abstract CEO Parker Won grew Abstract to $11.8M revenue with a 64 person team in 2024.

Abstract is the design workflow management system that empowers design teams and stakeholders to seamlessly manage, version and collaborate.

Last updated

Abstract Revenue

In 2024, Abstract's revenue reached $11.8M. The company previously reported $9.3M in 2023. Since its launch in 2015, Abstract has shown consistent revenue growth.

Abstract Revenue GrowthReported revenue / ARR by year$0$3M$5M$8M$10M$13M201520172019202120232024$0$7M$9M$12MSource: GetLatka.com
YearMilestoneQuote
2024Abstract Hit $11.8m revenue in October 2024
2023Abstract Hit $9.3m revenue in December 2023
2019Abstract Hit $6.7m revenue in March 2019
2015Launched with $0 revenue

Abstract Valuation, Funding Rounds

Abstract reached a $160M valuation in 2019, set during its Series C round.

Abstract has raised $54.2M in total funding across 4 rounds, most recently a $30M Series C round in 2019.

Abstract Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$40M$80M$120M$160M$200M201520162017201820192015 cumulative: $0 • 2015 Founded: $02016 cumulative: $2M • 2015 Founded: $0 • 2016 Seed Round: $2M2017 cumulative: $8M • 2015 Founded: $0 • 2016 Seed Round: $2M • 2017 Series A: $6M2018 cumulative: $24M • 2015 Founded: $0 • 2016 Seed Round: $2M • 2017 Series A: $6M • 2018 Series B: $16M2019 cumulative: $54M • 2015 Founded: $0 • 2016 Seed Round: $2M • 2017 Series A: $6M • 2018 Series B: $16M • 2019 Series C: $30M @ $160M valuation$54M2015 Founded: $0 valuation2019 Series C: $160M valuation$160MSource: GetLatka.com
YearRoundAmountValuation% SoldQuote
2019Series C$30M$160M19%
2018Series B$16M--
2017Series A$5.9M--
2016Seed Round$2.3M--

Founder / CEO

Parker Won

Parker Won is listed as Founder / CEO at Abstract.

Q&A

QuestionAnswer
What's your age?-
Favorite online tool?-
Favorite book?-
Favorite CEO?-
Advice for 20 year old self-

Customers

We do not have customer count information for Abstract yet.

Abstract Employees & Team Size

Abstract employs approximately 64 people as of 2026, down from 93 in 2023.

Abstract Team GrowthReported headcount over time0255075100125201520172019202120232024006464Source: GetLatka.com
YearMilestone
2024Reached 64 employees (December 2024)
2024Reached 63 employees (October 2024)
2023Reached 93 employees (December 2023)
2022Reached 98 employees (December 2022)
2021Reached 93 employees (December 2021)
2019Reached 94 employees (March 2019)

Frequently Asked Questions about Abstract

What is Abstract's revenue?

Abstract generates $11.8M in revenue.

Who founded Abstract?

Abstract was founded by Parker Won.

Who is the CEO of Abstract?

The CEO of Abstract is Parker Won.

How much funding does Abstract have?

Abstract raised $54.2M.

How many employees does Abstract have?

Abstract has 64 employees.

Where is Abstract headquarters?

Abstract is headquartered in San Francisco, California, United States.

Compare Abstract to the industry

Abstract operates across multiple industries. Browse revenue, funding, and growth data for Abstract in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

Claim this profile

People Also Viewed

Sales Layer logo

Sales Layer

Developer of an information platform created to improve product management process. The company's platform uses analytics and automation to centralizes data and synchronizes it in all sales channels automatically to optimizes the management for all types of companies regardless of their size, sector or type, enabling brands and retailers to increase their sales by improving their content across multiple interfaces and multiple sales channels.

Rand Labs logo

Rand Labs

A blockchain development lab specialized in Algorand technology. Our Products: AlgoExplorer My Algo Incubation Labs: Professional development services [email protected]

Fadada.com logo

Fadada.com

Operator of an electronic contracts service platform. The company provides an online platform for electronic document signing and certificate services such as electronic contracts signature, documents signature, evidence custody and other electronic related signature.

Scalesource logo

Scalesource

Scalesource is a platform that provides virtual recruiters as a more cost-effective alternative to traditional in-house recruiters. Our service significantly reduces staffing expenses and enhances human resource management efficiency.

POC Pharma logo

POC Pharma

POC Pharma is a SaaS Company supporting pharma stakeholders to digitally manage their interactions, and grow faster and cheaper.

OnSeen logo

OnSeen

Developer if mobile workforce management software intended to manage people, places and assets. The company's platform schedules, dispatches, monitors and task remote staff and contractors, provide real-time status updates to everyone involved in the process and collaborate with mobile resources in real-time, enabling clients to optimize their processes and reduce their project costs.

Abstract Revenue 2024: $11.8M ARR, $160M Valuation