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FAILRADAR
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Abacus

Making expense reports obsolete

AcquiredWinter 2014Fintech

About Abacus

Making expense reports obsolete

Risk Analysis

Category Risk

13%death rate

Fintech: 87 of 692 startups failed

LOW

Team Size

30people

Median for failed in Fintech: 5

Median for active in Fintech: 16

Founded 2014 — older batches naturally have higher attrition rates. Death rate comparisons should account for age.

External Resources

Post-mortem content hosted on startups.rip — we provide the analytics layer.