Abstractrevenue, valuation & funding
Team Collaboration SoftwareSan Francisco, CaliforniaFounded 2015CEO Parker Won
Abstract is the design workflow management system that empowers design teams and stakeholders to seamlessly manage, version and collaborate.
Abstract revenue
Abstract has not published its revenue. GetLatka estimates it at about $11.8M a year (October 2024).
All 3 revenue readings, with sources
| As of | Revenue | Source |
|---|---|---|
| Mar 2019 | $6.7M | – |
| Dec 2023 | $9.3MEST. | GetLatka estimate |
| Oct 2024 | $11.8MEST. | GetLatka estimate |
– source not recorded
Abstract valuation
Abstract is privately held, so there is no Abstract stock to buy. Investors valued it at $160M in its March 2019 Series C.
Abstract funding rounds & investors
Abstract has raised $54.2M across four rounds since 2016. The latest was a $30M Series C in March 2019.
| Date | Round | Raised | Valuation |
|---|---|---|---|
| Mar 2019 | Series C | $30M | $160M |
| May 2018 | Series B | $16M | – |
| Jun 2017 | Series A | $5.9M | – |
| 2016 | Seed | $2.3M | – |
| Total raised | $54.2M |
Abstract competitors
Abstract competes most directly with Figma, Zeplin, InVisionApp and Marvel.
| Company | Revenue | Funding | Employees | Customers | Founded |
|---|---|---|---|---|---|
 Figma | $1.1B | $748.6M | 2,480 | 450K | 2012 |
 Zeplin | $51.9M | $1.2M | 91 | 5M | 2014 |
 InVisionApp | $36M | $356.2M | 361 | 65K | 2011 |
 Marvel | $15M | $8.1M | 35 | – | 2013 |
| Abstract | $11.8M | $54.2M | 64 | – | 2015 |
Abstract CEO, founders & employees
Parker Won founded Abstract in 2015 and runs it as CEO. Abstract had 64 employees (December 2024, LinkedIn), down from 93 a year earlier.
- Parker WonFounder & CEO
All 6 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Dec 2024 | 64 | |
| Oct 2024 | 63 | |
| Dec 2023 | 93 | |
| Dec 2022 | 98 | |
| Dec 2021 | 93 | |
| Mar 2019 | 94 | – |
Abstract FAQ
What is Abstract's revenue?
GetLatka estimates Abstract's revenue at about $11.8M a year (October 2024). The company hasn't published its own figure.
What is Abstract's valuation?
Investors valued Abstract at $160M in its March 2019 Series C.
How much funding has Abstract raised?
Abstract has raised $54.2M across four funding rounds. The latest was a $30M Series C in March 2019.
Is Abstract publicly traded?
No. Abstract is a private company, so its shares aren't traded on a stock exchange.
How many employees does Abstract have?
Abstract had 64 employees in December 2024, according to LinkedIn.
Who is the CEO of Abstract?
Parker Won is the CEO of Abstract and founded the company in 2015.
Who founded Abstract?
Parker Won founded Abstract in 2015.
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How this page is sourced
5 from public sources · 2 estimates. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.
Updated Dec 20, 2024Data disclaimerReport a correctionClaim this profileRun Abstract? Join the podcast