About
That company sold to the larger, venture-backed edtech Descomplica when Costa was 23 years old. So far, the startup is growing MRR (monthly recurring revenue) 45% on average and has landed 11 customers, including Accenture, Stone and Descomplica. The startup participated in Y Combinator’s spring 2021 batch before catching SoftBank’s eye. The young startup got the opportunity to pitch Accenture, a consulting firm that had over $50 billion in revenue in 2021, because Costa had a friend in common with some people who worked there.“I showed our results from previous clients and a product demo and they decided to run a pilot at that same meeting,” Costa told TechCrunch. The startup plans to use the new capital primarily toward beefing up its current nine-person staff, particularly across its engineering, marketing, sales and operations teams. Bruno Vieira Costa founded Rio de Janeiro-based Abstra in March of 2020.
