Abstract - About the company
Abstract is an acquired company based in San Francisco (United States), founded in 2015 by Kevin Smith. It operates as a Provider of designer collaboration & feedback tools. Abstract has raised $46.1M in funding from Lightspeed Venture Partners and Scale Venture Partners. The company has 75 active competitors, including 13 funded and 9 that have exited. Its top competitors include companies like Multiplayer, Zeplin and launchpad_net.
Company Details
Abstract is a provider of designer collaboration & feedback tools. The product offers designer collaboration, version control, and developer handoff. The features of the product include designer onboarding, design system distribution, one less slide deck, workflow management, etc. The clients of the company are Microsoft, DocuSign, pandora, zendesk, WIX, Wayfair, yelp, etc.
- Website
- abstract.com
- Social
- Email ID
- *****@abstract.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
2015
Location
San Francisco, United States
Stage
Acquired
Total Funding
$46.1M in 3 rounds
Latest Funding Round
Investors
Ranked
1st among 75 active competitors
Employee Count
77 as on Jul 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Adobe (Feb 02, 2022)
Legal entities associated with Abstract
Abstract is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ELASTIC PROJECTS, INC. CIN: 475571650 , United States, Active | Nov 09, 2015 | - | 76 (As on Dec 31, 2020) | - |
ABSTRACT STUDIO DESIGN INC. CIN: 874021330 , United States, Active | Dec 31, 1999 | - | 2 (As on Dec 31, 2024) | - |
ABSTRACT DESIGN INC CIN: 223344465 , United States, Active | Dec 31, 1999 | - | 5 (As on Dec 31, 2015) | - |
Abstract's acquisition details
Abstract got acquired by Adobe on Feb 02, 2022.
Click here to take a look at Abstract's acquisition in detail
Sign up to download Abstract's company profile
Abstract's funding and investors
Abstract has raised a total funding of $46.1M over 3 rounds. Its first funding round was on May 24, 2018. Abstract has 6 institutional investors.
Here is the list of recent funding rounds of Abstract:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 10, 2024 | 2418043 | Series C | 3145430 | 4103881 | 8378598 | 8811272 |
Mar 22, 2019 | 9881668 | Series C | 4591141 | 9568535 | 2247177 | |
May 24, 2018 | 8302725 | Series B | 2819921 | 9810585 |
Access funding benchmarks and valuations. Sign up today!View details of Abstract's funding rounds and investors
Abstract's founders and board of directors
Founder? Claim ProfileThe founders of Abstract is Kevin Smith.
Here are the details of Abstract's key team members:
- Kevin Smith: Co-Founder & CTO of Abstract.
View details of Abstract's Founder profiles and Board Members
Abstract's employee count trend
Abstract has 77 employees as of Jul 26. Here is Abstract's employee count trend over the years:
Uncover Abstract's growth story! Sign up today!
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Abstract's Competitors and alternates
Top competitors of Abstract include Multiplayer, Zeplin and launchpad_net. Here is the list of Top 10 competitors of Abstract, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Abstract 2015, San Francisco (United States), Acquired | Provider of designer collaboration & feedback tools | $46.1M | 68/100 | |
2nd |  Multiplayer 2022, New York City (United States), Seed | AI powered collaborative platform to develop software | $3M | 46/100 | |
3rd | Zeplin 2014, San Francisco (United States), Seed | Collaboration application for UI designers & frontend developers | $1.32M | 44/100 | |
4th | launchpad_net 2008, Long Island City (United States), Unfunded | Provider of a software collaboration platform offering bug tracking and hosting | - | - | 42/100 |
5th |  Gigantum 2009, Washington, DC (United States), Seed | Open source collaboration platform for data science professionals | $1.5M | 41/100 | |
6th | Flotype 2010, Berkeley (United States), Seed | enterprise-grade client/server messaging infrastructure | $1.42M | 41/100 | |
7th |  Paper 2024, United States, Series A | Developer of a digital canvas for designers to create visual art | $38.2M | 41/100 | |
8th | Onlook 2024, New York City (United States), Seed | Cloud based design collaboration platform | $500K | 36/100 | |
9th | MockingBot 2012, Beijing (China), Seed | Platform offering design collaboration solution | - | 35/100 | |
10th |  Weavy 2008, Los Angeles (United States), Seed | Full-stack application development framework | $4M | 33/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Abstract's competitors? Click here to see the top ones
Abstract's Investments and acquisitions
Abstract has made 31 investments in companies including Odyssey Energy Solutions and June.ai. Abstract has also acquired 1 companies including Flawless.Here is the list of investments & acquisitions:
Filter this list
Filter this listDate of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Sep 01, 2026 | Investments | 2017 | Boulder (United States) | |
Aug 03, 2026 | Investments | 2016 | New York City (United States) | |
Jul 23, 2026 | Investments | - |
_1540378518325.png?devicePixelRatio=2&height=20&width=20){kind=logo}
Want to know more about where corporates are investing? Sign up today!See all investments by Abstract
Reports related to Abstract
Here is the latest report on Abstract's sector:
News related to Abstract
Filter this listMedia has covered Abstract for a total of 25 events in the last 1 year, 3 of them have been about partnerships and 2 about company updates.
•
Cast Insights Raises $4.5M in Pre-Seed Funding for Real-Time Speech Intelligence PlatformSiliconAngle•Jul 23, 2026•Abstract
•
Natural Raises $30M Series A for AI Agent Payments InfrastructurePR Newswire•Jul 20, 2026•Forerunner Ventures, Privy, Human Capital, Abstract and 5 others
•
Telepatia Secures $33M Series A Funding Led by a16z for AI Healthcare Platform in Latin AmericaStartupHub.ai•Jun 18, 2026•Telepatia, Andreessen Horowitz, Convey, Pear VC and 9 others
•
Coinbase CEO Brian Armstrong's Newlimit Raises $435 Million, Tripling Valuation to $3.1 BillionCoin Spectator•Jun 03, 2026•NewLimit, Founders Fund, Greenoaks, Quiet Capital and 6 others
•
Reactor Raises $59M to Build Real-Time AI WorldsVentureburn•May 29, 2026•FPV Ventures, Abstract, Lightspeed Venture Partners, Amplify Partners and 2 others
•
Code security startup Socket raises $60M in fundingSiliconAngle•May 21, 2026•Socket, Thrive Capital, Abstract, Andreessen Horowitz and 1 other
•
US startup Status AI raises $17m for social platformTech in Asia•May 20, 2026•Status, Abstract, Y Combinator, Union Square Ventures and 1 other
•
•
Era Raises $11M To Build A Transformative Software Platform For AI GadgetsBitcoin Ethereum News•Apr 23, 2026•Era World, Abstract, BoxGroup, Mozilla Ventures and 1 other
•
Antioch Raises $8.5M in Seed FundingFinSMEs•Apr 20, 2026•Antioch, Abstract, MaC Venture Capital, Icehouse Ventures and 2 others
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Are you a Founder ?
FAQs about Abstract
Explore our recently published companies
- BIA Home Care Service - Pittsburgh based, 2021 founded, Unfunded company
- JK Auto & Truck Repair - Marlton based, Unfunded company
- Lippert - Elkhart based, 1956 founded, Unfunded company
- AMZ Tech Solutions - Cedar Rapids based, Unfunded company
- ItsGuru - Houston based, 2006 founded, Unfunded company
- Anh Totti Nguyen - Unfunded company
