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AI Startup Abstract Scales Up with Strategic Insights that Drive Growth

Industry
Professional-services
Challenge
The CEO and co-founder lacked the bandwidth to manage everything and needed a cost-effective back-office solution. 
Outcome
Unlocked strategic insights to drive growth. SPRCHRGR's expertise and responsiveness have empowered Abstract to make smarter decisions and have better conversations with venture capitalists. 
Client Story

“I would recommend SPRCHRGR to any founders who have raised venture capital or any sort of capital. It's not just the time-saving value proposition. You're also paying for the expertise that helps futureproof your business.”

Patricio Utz
Co-Founder & CEO | Abstract

 Case Study: Revved-Up Business Intelligence with SPRCHRGR

Abstract, a legal tech AI startup, faced a common problem for many growing businesses. The CEO and co-founder, Patricio Utz, managed the accounting and financial projections himself. Abstract sells intelligent software to nonprofits, lobbyists, and corporate legal teams. Before they brought SPRCHRGR into the picture, Patricio juggled most of the accounting and projection work.

However, the complexity and time commitment grew as the company grew. "I started lacking bandwidth, so it came time to hire professionals," Patricio explains. The solution was found in SPRCHRGR, a business intelligence firm that not only took over the accounting duties but also provided invaluable insights to drive Abstract's growth.

The partnership with SPRCHRGR has brought significant benefits to Abstract. "The biggest benefit of working with SPRCHRGR is that I am learning from them every day, and they're so responsive," Patricio shares. This responsiveness and constant learning have allowed Abstract to make smarter choices based on data and metrics. "SPRCHRGR has been very creative in helping us think through not only our financial projections but also how we work with all the data and metrics we have to make smarter choices," Patricio adds.

Growth and Value

SPRCHRGR's services extend beyond managing numbers. "They really took a step beyond being an external accounting firm and were more creative and focused on helping us grow," Patricio points out. This creativity and focus have proven invaluable in Abstract's conversations with venture capitalists and sales decisions. 

The value that SPRCHRGR brings to the table is significant, especially considering the cost. "The amount of value that we're receiving relative to cost with SPRCHRGR is pretty significant, given that they're able to do the part-time work of all those various roles as one service," Patricio notes. This, combined with the expertise that SPRCHRGR brings to the table, has resulted in better conversations with venture capitalists and more intelligent sales decisions. 

Funded and Ready to Scale? 

Patricio is quick to recommend SPRCHRGR to other founders who have raised capital and are ready to start hiring and incurring expenses and revenue. "It's not just the time-saving value proposition, but also you're paying for the expertise that helps bolster your business," he explains.

 SPRCHRGR has proven to be an invaluable partner for Abstract, providing accounting services and strategic insights to drive growth. Their expertise and responsiveness have allowed Abstract to make smarter decisions and have better conversations with venture capitalists. As Patricio puts it, "I would recommend SPRCHRGR to any founders...and would definitely recommend them in a heartbeat."