At a Glance
| Detail | Abstract | Text IQ |
|---|---|---|
| Category | Compliance & Privacy | Compliance & Privacy |
| Total raised | $4.8M | $12.6M |
| Rounds tracked | 1 | 1 |
| Latest round | Seed, $4.8M · Jan 2025 | Series A, $12.6M · Jun 2019 |
| Last valuation | Not disclosed | Not disclosed |
| Lead investors | Bonfire Ventures, Communitas Capital | FirstMark Capital |
| Built for | Not disclosed | Not disclosed |
| Headquarters | US | United States |
Funding, Side by Side
Abstract rounds
- Jan 2025Seed$4.8M
Text IQ rounds
- Jun 2019Series A$12.6M
Our Take
We have not tested these two head to head yet. The numbers above come from public funding announcements. If you use either one, tell us what you found and it may become a Field Note.
Quick Answers
- Which has raised more, Abstract or Text IQ?
- Text IQ has raised $12.6M in disclosed funding, compared with $4.8M for Abstract.
- Do Abstract and Text IQ share investors?
- No. None of the investors we track have backed both companies.
- What is Abstract best for?
- AI regulatory intelligence platform tracking policy and legislation.
- What is Text IQ best for?
- AI that finds sensitive and privileged information in enterprise data.
Source: Legal Tech Circle funding data, from public announcements. Updated November 10, 2026.