Case Study: Inbrain Neuroelectronics achieves stronger cash control and runway visibility with Abacum

Inbrain Neuroelectronics secures Series B funding with Abacum

Inbrain Neuroelectronics, a Barcelona-based biotech startup, faced a significant challenge with scattered financial processes and manual cash flow management. As a pre-revenue company focused on R&D, they needed strong cash control and runway visibility to support growth and fundraising. The engineering-heavy team struggled with spreadsheets, leading to confusion and misalignment.

By implementing Abacum's FP&A platform, Inbrain established a single source of truth for financial data. Abacum provided granular budgeting, dedicated reporting spaces for different stakeholders, and crucial runway dashboards. This solution enabled Inbrain to secure their Series B funding round with investor-ready financials, free up time by eliminating manual processes, and align their entire team on trusted data for faster decision-making.

Inbrain Neuroelectronics