COMPANY PROFILE

Abett

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A secure "software-as-a-service" for benefits plan sponsors to take control of plan data

Seattle, United StatesFounded 2018Other B2B Software

Valuation $25–50M Last recorded · 2024

Revenue $1–10M Latest reported FY

Headcount <100 Current team size

Total funding $10–50M Disclosed equity funding

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About Abett

Abett operates in the US healthcare industry, providing a unique solution for employers to manage and control data flows within their healthcare systems. The company's core product, the Lockbox, offers a plug and play network of programs and partners that enable employers to reduce expenses and improve healthcare outcomes. Abett serves large employers, including Fortune 100 and Fortune 500 companies, by turning complex and fragmented data systems into secure, employer-controlled environments. The business model revolves around providing a subscription-based service that integrates with various healthcare data sources, ensuring seamless data exchange and strategic navigation of the healthcare system. Abett generates revenue through these subscriptions and partnerships with healthcare providers and third-party administrators (TPAs). The company is positioned as an innovative solution for employers looking to optimize their healthcare benefits and reduce costs.

Source: Dealroom company data

At a glance

Status: Operational
Founded: 2018
Headquarters: Seattle, United States
Employees: 28
Open positions: None listed
Dealroom signal: 58.8/100
Industry: Enterprise Software
Sector: Other B2B Software
Technology: Big Data
Business model: SaaS
Client focus: b2b
Links: Website LinkedIn X

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Funding history

5 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
SERIES A✓Equity / VC	May 2024	$12M	$46M	NextGen Venture Partners · ACrew Capital · GreatPoint Ventures · Royal Street Ventures	↗
EARLY VC✓Equity / VC	Nov 2022	$6.5M	$26M	GreatPoint Ventures	↗

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Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

Year	Revenue	Growth
2026
2025
2024
2023
2022		—

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Growth signals

Abett website traffic

Latest recorded traffic for Abett is 1.6K monthly website visits, down 20% over the last three months. Abett's team declined 22.2% over the past year.

Latest monthly visits1.6K 3-month web change-20% 1-year team growth-22.2%

Monthly website visitsOct 2022–May 2026

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