FundedIQ
Government and Military

Abstract: Funding, Investors & Team (Aug 2026)

Abstract is a SaaS company specializing in government and legal technology. Their product, Abstract AI, consists of two tiers: Abstract California and Abstract Enterprise. Abstract AI is a platform designed for project management and intelligence, aimed at analyzing the effects of government policies on businesses and communities, and offering solutions for policy improvement. The company utilizes AI models and proprietary data processing technology to identify risks and opportunities presented by current and evolving government policies on various aspects of an organization such as products, assets, investments, labor force, and manufacturing.

abstract.us LinkedIn San Francisco, United States 11-50 employees
GovTech Internet SaaS Software B2B
Total raised
$11.6M
Rounds
3
Latest
Seed
Jan 2025

Abstract has raised $11.6M across 3 funding rounds on record, the most recent a Seed of $4.8M announced in Jan 2025.

That round is below the $7.3M median round size for Government and Military companies tracked on FundedIQ over the last two years.

Abstract Company Profile and Key Stats

Total funding raised
$11.6M
across 3 rounds on record
Funding rounds on record
3
Latest funding round
Seed
$4.8M in Jan 2025
Employees
11-50
reported band
Headquarters
San Francisco, United States

Latest funding round on record: Jan 2025.

Abstract Funding Rounds

Date
Round
Amount
Seed
$4.8M
Undisclosed round
$4.3M
Undisclosed
$2.5M

Abstract raised $2.5M in an Undisclosed announced in Aug 2022.

1.6 years later, an undisclosed round of $4.3M was announced in Mar 2024.

10 months later, a Seed of $4.8M was announced in Jan 2025.

Abstract Founders and Leadership Team

Name
Role
Contact
Patrick Utz
Founder
Locked

Contact details for the Abstract team: 1 of 1 has an email address on file.

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Abstract Funding Compared to Other Government and Military Startups

Segment
Companies
Median round
29,722
$7.5M
16,485
$3.1M

Abstract's latest round of $4.8M is below the median round in Government and Military. Medians cover the last 24 months of disclosed rounds.

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Abstract Funding FAQs

What does Abstract do?

Abstract is a SaaS company specializing in government and legal technology. Their product, Abstract AI, consists of two tiers: Abstract California and Abstract Enterprise. Abstract AI is a platform designed for project management and intelligence, aimed at analyzing the effects of government policies on businesses and communities, and offering solutions for policy improvement. The company utilizes AI models and proprietary data processing technology to identify risks and opportunities presented by current and evolving government policies on various aspects of an organization such as products, assets, investments, labor force, and manufacturing.

How much funding has Abstract raised?

Abstract has raised $11.6M across 3 rounds on record. The most recent is a Seed of $4.8M announced in Jan 2025.

When did Abstract last raise funding?

Abstract's most recent funding round on record is a Seed of $4.8M, announced in Jan 2025.

Who founded Abstract?

FundedIQ lists Patrick Utz (Founder) at Abstract.

Where is Abstract headquartered?

Abstract is based in San Francisco, California, United States.

How many employees does Abstract have?

Abstract is in the 11-50 employee band.

How does Abstract's funding compare to other Government and Military startups?

Abstract's latest round of $4.8M is below the $7.3M median round size for Government and Military companies on FundedIQ across 244 tracked companies over the last two years.

About FundedIQ's Abstract Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Abstract is left off this page rather than filled in.

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