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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.

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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
YearMilestone
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% Sold
2019Series C$30M$160M19%
2018Series B$16M--
2017Series A$5.9M--
2016Seed Round$2.3M--

Abstract Employees & Team Size

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

Abstract has 64 total employees in different roles and functions.

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)

Founder / CEO

Parker Won

Parker Won is listed as Founder / CEO at Abstract.

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Customers

We do not have customer count information for Abstract yet.

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.

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Compare Abstract to the industry

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

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .