Formalize
PrivateLast Round
Series B
Oct 28, 2025
Est. Valuation
$49.16M
Total Funding Raised
$53.55M
Momentum
Top 50%
of companies Caplight tracks
Company Overview
Formalize is a governance, risk, and compliance (GRC) software company that provides an automated platform for managing regulatory requirements including GDPR, NIS2, DORA, and ISO 27001.
Sector
Enterprise Software
Verticals
Compliance & Risk, RegTech, Data Governance
Business Model
B2B
Customer Profile
Subscription SaaS
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Formalize Comparables
Compare Formalize with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| DataGuard | 87% | |
| Scrut Automation | 84% | |
| Sprinto | 83% |
Formalize Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series B | Oct 28, 2025 | ||||
| Series A | Mar 5, 2024 | ||||
| Seed | Sep 30, 2022 |
Key People
Founding team and executive leadership
Formalize Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| CIBC Innovation Banking | Series B |
| Acton Capital | Series B |
| BlackFin Capital Partners | Series B, Series A |
| West Hill Capital | Series B, Series A, Seed |
| BlackFin Tech | Series B |
Market signals
Structured signals derived from secondary market and firmographic data.
- Mar 1, 2026
Expanded offering to include data compliance, risk, and privacy.
- Mar 1, 2026
Whistleblower Software by Formalize named award-winning.
Formalize Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
Request accessFrequently Asked Questions
Common questions about Formalize's valuation, stock price, and market status.
Is Formalize a public or private company?
Formalize is a private company.
What is the current stock price of Formalize?
Formalize is a private company with no public stock price. No recent secondary market data is available.
How much is Formalize worth (valuation)?
Valuation information for Formalize is not publicly available.
Can I buy Formalize stock?
Formalize shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.
When was Formalize's last funding round?
Formalize's most recent funding round was Series B on October 28, 2025.
Who are the main investors in Formalize?
Key investors in Formalize include Acton Capital, BlackFin Capital Partners, West Hill Capital, BlackFin Tech.
Will Formalize IPO soon?
No public IPO plans have been announced for Formalize.
How can I track Formalize secondary market activity?
Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Formalize's secondary market activity and sign up for updates.