Fenwick represented Abacus, a developer of agentic CPA assistants for modern accounting firms, in its $6.6 million funding round. The round was led by Menlo Ventures with significant participation from Pear VC and participation from Recall Capital, and Original Capital.
Abacus will use the funds to accelerate their mission to turn junior-level accounting preparers into reviewers and bring Big Four-level automation and efficiency to the entire CPA market. Additional information can be obtained here.
The Fenwick transaction team was led by corporate partner Joshua Geffon and included associates David Rand and Briana Robertson.