Abound logo

Abound

Startups icon Seedtable Score 75 Startups icon Startups

4

Funding Rounds

4

Investors

$1.65b

Money raised

Overview

Abound, based in London, operates as a B2C SaaS platform in the fintech and payments space, using AI to improve credit assessment and lending processes. Its advanced AI algorithms address the limitations of traditional credit scoring models and manual underwriting, which often suffer from inaccuracies, higher default rates, and slower loan processing times. The platform's AI-driven approach offers more precise, quicker, and efficient credit evaluations, setting it apart from conventional methods. Backed by investors like GSR Ventures and Varengold Bank, Abound holds significant growth potential in the evolving financial landscape where speed and accuracy in credit assessments are crucial.
  • Website: https://getabound.com
  • Business model: saas, b2c
  • Company size: 11 - 51 employees
  • Headquarters: London, UK
  • Founded: 2020

Investors (4)

K3 Ventures logo K3 Ventures

FinTech, Payments

Details
GSR Ventures logo GSR Ventures

FinTech, Crypto & web3, Payments

Details

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Funding

Funding series

Funding Series Analysis

The company Abound has raised a total of $1.65b in funding over 4 rounds.

Key Insights:

  • Debt Financing: $601.78m
  • Series B: $1b
  • Series A: $10m
  • Seed: $40m
Abound logo
Abound Series A (2022, $10M) $10m
Abound logo
Abound Debt Financing (2023, $601M) $601.78m
Abound logo
Abound Series B (2024, $1000M) $1b
Abound logo
Abound Seed (2021, $40M) $40m