The Sugarmans are founders of Abacus. Source: Abacus
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Abacus raises $6.6M to build agentic AI CPA assistants for taxes

Abacus, which is making agentic CPA assistants for modern accounting firms, today announced it has raised $6.6 million in seed funding. Of course, the company said it is using AI to create assistants for CPAs, not replace the CPAs themselves.

Still, it’s time for every worker to look over their shoulder and see if their assistant might replace them someday. And for tax accountants, the day has come.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.