When was Abacus Solutions founded?

Abacus Solutions was founded in 2000.

Where is Abacus Solutions located?

Abacus Solutions is headquartered in Marietta, United States. It is registered at Marietta, Georgia.

Who is the current CEO of Abacus Solutions?

Charu Arora of Abacus Solutions.

How many employees does Abacus Solutions have?

As of Dec 31, 2022, Abacus Solutions has 131 employees, reflecting a 12% year-over-year decline in headcount.

Is Abacus Solutions a funded company?

Abacus Solutions is a funded company, having raised a total of $***** in its 1st and only funding round.

Where does Abacus Solutions rank among its competitors?

Abacus Solutions ranks 11275th amongst 122618 active competitors, of which 946 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Accenture, which secured an undisclosed amount in Mar, 2024.

Who are the top competitors of Abacus Solutions?

Abacus Solutions' top competitors include IBM, UST and Hewlett Packard Enterprise. Among them, Accenture secured the most recent funding round in March, 2024.

Abacus Solutions - 2026 Company Profile, Team & Competitors

Company Details

Abacus Solutions is a provider of secondary market data center hardware and white-glove managed services, hosting, and support. It has an expansive inventory of professionally refurbished IT equipment prepared to supplement demanding environments for a fraction of OEM prices. It also has Abacus Cloud based on IBM i and the company is an IBM certified Managed Service Provider. Besides, it provides technology services, maintenance services, time & material services, data center relocation services, data center audit services & operations management services.

Website: abacusllc.com
Social
Email ID: *****@abacussolutions.com
Registered Address: Marietta, Georgia

Key Metrics

Founded Year

2000

Location

Marietta, United States

Stage

Acquired

Ranked

11275^th among 122618 active competitors

Employee Count

131 as on Dec 31, 2022

Similar Companies

IBM & 146295 more

Exit Details

Acquired by Fresche Solutions (Sep 30, 2021)

View Abacus Solutions' full profile

Abacus Solutions is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ABACUS SOLUTIONS, LLC CIN: 582540189 , United States, Active	Dec 26, 999	-	131 (As on Dec 31, 2020)	-

Abacus Solutions got acquired by Fresche Solutions on Sep 30, 2021.

Click here to take a look at Abacus Solutions's acquisition in detail

Abacus Solutions has not raised any funding rounds yet.

The founders of Abacus Solutions is Kenneth Snuggs.

Here are the details of Abacus Solutions' key team members:

Kenneth Snuggs: Former Co-Founder of Abacus Solutions.
Charu Arora: CEO of Abacus Solutions.

View details of Abacus Solutions's Founder profiles and Board Members

Abacus Solutions' employee count trend

Abacus Solutions has 131 employees as of Dec 22. The total employee count is 13.0% lower than what it was in Dec 21. Here is Abacus Solutions's employee count trend over the years:

Employee count trend for Abacus Solutions

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Top competitors of Abacus Solutions include IBM, UST and Hewlett Packard Enterprise. Here is the list of Top 10 competitors of Abacus Solutions, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	IBM 1911, United States, Public	Provider of hybrid cloud, artificial intelligence, and consulting services	-	Berkshire Hathaway, Runway & 17 others	80/100
2nd	UST 1999, Aliso Viejo (United States), Late Stage	Provider of data analytics, cloud modernization, management strategy, and digital transformation services	$250M	Temasek, MFAR & 1 others	80/100
3rd	Hewlett Packard Enterprise 2015, Houston (United States), Public	Provider of edge-to-cloud solutions, products, and services for enterprise organizations	-	Draper Athena, Kleiner Perkins & 2 others	79/100
4th	Mindtree 1999, Bengaluru (India), Acquired	Consulting and implementations company	$23.9M	Global Technology Ventures, Capital Group ... & 9 others	79/100
5th	Accenture 1989, Dublin (Ireland), Public	Provider of IT consulting, technology, and outsourcing services	-	ngn-capital.com, Bondeinvest.com & 6 others	76/100
6th	Happiest Minds 2011, Bengaluru (India), Public	Provider of IT suite services	$64.8M	Canaan, Trident Trust & 40 others	76/100
7th	Infosys 1981, Bengaluru (India), Public	Provider of digital marketing, data analytics, and IT services	-	Seaside Private Capital, Nepean Capital & 1 others	75/100
8th	Virtusa 1996, Westborough (United States), Acquired	IT services company	$45.2M	Back Bay Group, Orogen Group & 8 others	73/100
9th	Datamatics 1975, Mumbai (India), Public	Provider of digital technologies, business process management, analytics, and automation services	$3M	IIML	73/100
10th	Sutherland 1986, Pittsford (United States), Late Stage	Provider of business process and technology management services	$60M	Affirma Capital, Oak Investment Partners & 3 others	73/100
11275th	Abacus Solutions 2000, Marietta (United States), Acquired	IT infrastructure systems & services including storage, email archive, hosting & support	-	-	25/100