Abacus.ai
Abacus.AI, founded in 2019 as RealityEngines.AI and rebranded in July 2020, is a San Francisco-based company that sells an AI platform combining model access, agentic workflows, and enterprise machine learning tools.
Profile
Abacus.AI sells a subscription platform that gives users access to multiple large language models and AI agents for tasks like coding, research, content generation, and building software applications.
Abacus.AI, founded in 2019 as RealityEngines.AI and rebranded in July 2020, is a San Francisco-based company that sells an AI platform combining model access, agentic workflows, and enterprise machine learning tools. The company has raised at least $35 million in disclosed venture funding: a $13 million Series A in July 2020 and a $22 million Series B in November 2020, led by Coatue with participation from Decibel Ventures and Index Partners. As of early 2026, Abacus.AI has not disclosed a later funding round or its current valuation.
The platform is marketed under two main products: ChatLLM, a conversational workspace offering access to multiple large language models (including GPT-5.5, Sonnet 4.6, Gemini 3.1 Pro, and DeepSeek v4), and DeepAgent, an agent layer for multi-step tasks such as building apps, websites, and automated research pipelines. Pricing for ChatLLM Teams starts at $10 per user per month (Basic) and $20 per user per month (Pro), using a credit-based consumption model. The company also offers an enterprise tier (Abacus.AI Enterprise) that includes generative AI, structured ML, and optimization modules.
Abacus.AI has published open-source models such as Smaug-Llama-3-70B-Instruct and contributed to the LiveBench LLM benchmark. The company claims customers across industries but does not publicly name specific enterprise clients. CEO Bindu Reddy has been featured in press outlets including CEOWORLD magazine and KDnuggets in early 2026, discussing the company's vision for an 'AI Super Assistant.' The company has not disclosed revenue, headcount, or profitability. A separate entity, Abacus Global Management, Inc., reported $59.4 million in Q1 2026 revenue and trades under ticker ABL, but this is a different company (life settlements and asset management) and is not related to Abacus.AI.
Who buys this
- Individual professionals and small teams seeking a consolidated AI assistant for writing, coding, and research
- Enterprise teams needing structured machine learning, forecasting, and optimization tools
- Developers and technical users who want to build AI agents and automate multi-step workflows
Strengths and what to watch
Strengths
- Consolidates access to multiple leading LLMs (GPT-5.5, Sonnet 4.6, Gemini 3.1 Pro, etc.) in a single subscription, reducing the need for separate tool subscriptions
- Offers a credit-based pricing model starting at $10/user/month, which can be lower than the combined cost of individual AI tool subscriptions
- Provides both a conversational interface (ChatLLM) and an agent layer (DeepAgent) for building apps, websites, and automated workflows without coding
Watch for
- The company has not disclosed a funding round since November 2020; its current financial health and valuation are unknown, and it may face cash constraints as it competes with well-funded rivals like OpenAI and Anthropic
- Credit-based pricing can be confusing for first-time buyers and may lead to unexpected costs if users underestimate consumption for high-intensity tasks like video generation or long agent runs
- Abacus.AI relies on third-party models (GPT, Gemini, etc.) rather than proprietary foundation models, making it vulnerable to pricing changes, API access restrictions, or competitive moves by those model providers
Recent moves
Key Information
- Industry
- Enterprise ML Platforms
- Founded
- 2019
- Headquarters
- San Francisco
Frequently Asked Questions
What is Abacus.ai and what does it do?
Abacus.ai is a San Francisco-based AI platform that provides access to multiple large language models and AI agents. It offers tools for coding, research, content generation, and building software applications through products like ChatLLM and DeepAgent.
How much does Abacus.ai cost per user?
ChatLLM Teams pricing starts at $10 per user per month for Basic and $20 per user per month for Pro, using a credit-based consumption model. Enterprise pricing is available but not publicly detailed, and costs can vary based on usage.
What is the difference between ChatLLM and DeepAgent?
ChatLLM is a conversational workspace for accessing multiple LLMs like GPT-5.5 and Gemini 3.1 Pro. DeepAgent is an agent layer for multi-step tasks such as building apps, websites, and automated research pipelines without coding.
Is Abacus.ai a publicly traded company?
No, Abacus.ai is privately held and has not disclosed a funding round since November 2020. A separate entity, Abacus Global Management, trades under ticker ABL but is unrelated to Abacus.ai.
What models does Abacus.ai offer through ChatLLM?
ChatLLM provides access to multiple leading large language models including GPT-5.5, Sonnet 4.6, Gemini 3.1 Pro, and DeepSeek v4. This consolidation reduces the need for separate subscriptions to each model provider.
Can I build AI agents with Abacus.ai without coding?
Yes, DeepAgent allows users to build AI agents for multi-step tasks like creating apps and websites without coding. It automates workflows and research pipelines, making it accessible for non-technical users.
Sources
- abacus.ai — Product offerings (ChatLLM, DeepAgent, Enterprise), pricing tiers, and platform features as of 2026
- techcrunch.com — Series B funding of $22 million in November 2020, led by Coatue; rebrand from RealityEngines.AI in July 2020; Series A of $13 million
- abacus.ai — Press mentions including CEOWORLD magazine (Feb 2026) and KDnuggets (Feb 2026); open-source model releases (Smaug-Llama-3-70B-Instruct); LiveBench benchmark
- blog.abacus.ai — Pricing details ($10/user/month Basic, $20/user/month Pro), credit-based system, and product descriptions for ChatLLM and DeepAgent