Key facts
- Formalize’s last known valuation is $58.5M (Mar 2024).
- It has raised $54.0M; the latest was Early Stage VC ($35.1M) in Oct 2025.
- Notable investors include BlackFin Capital Partners, Acton Capital, Blackfin Capital, Canadian Imperial Bank of Commerce, INCUBA — 7 tracked in total.
- Status: Privately Held (backing).
- ·The complete investor list — 7 names
- ·Watchlist + deal alerts for Formalize
- ·The full record, as it builds
Funding rounds
No funding rounds for Formalize are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.
About Formalize
Developer of a compliance operations platform intended to offer whistleblowing management services. The company's platform offers features such as configurable workflows, dashboard reporting, supplier-audit automation, and secure data management to help organizations manage regulatory frameworks, risks, and audits with greater clarity and control, enabling compliance and risk professionals to oversee their governance, risk, and third-party processes confidently and efficiently.
- Sector
- Information Technology
- HQ
- Aarhus, Denmark
- Founded
- 2021
- Employees
- 170
- Website
- formalize.com/
- Ownership
- Privately Held (backing)
Formalize doesn't have a composite mark yet — a PA Mark is published once enough pricing inputs exist (trade prints, fund marks, round prices). The rest of the record below builds toward it.
Recorded secondary trades
No secondary trades in Formalize shares have been recorded yet. When a print lands — third-party, direct report, or platform — it appears here with structure, source, and price.
Institutional fund marks
No SEC-registered fund has reported a fair-value mark on Formalize in its N-PORT filings yet. We sweep new filings monthly.