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Formalize

Formalize

Private
AarhusEnterprise Softwarehttps://formalize.com/en

Last 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

compliance management softwareGRC platformISO compliance automationRegTechISMS softwareregulatory complianceaudit readinesscompliance automationdata governanceISO 27001compliance opsNIS2 complianceGDPR compliancecompliance workflowautomated compliance

Historical Pricing

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Caplight Momentum Score

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Formalize Comparables

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Formalize Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series BOct 28, 2025
Series AMar 5, 2024
SeedSep 30, 2022

Key People

Founding team and executive leadership

Jakob Lilholm

CEO And Co-founder, CEO And Co-founder

Founding Team

Kristoffer Abell

CTO

Executive Team

Christian Jessen

Chief Financial Officer

Executive Team

Formalize Investors

Notable investors and investment history

Formalize investors
InvestorRounds
CIBC Innovation BankingSeries B
Acton CapitalSeries B
BlackFin Capital PartnersSeries B, Series A
West Hill CapitalSeries B, Series A, Seed
BlackFin TechSeries 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

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Formalize Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Formalize's valuation, stock price, and market status.

Firmographic Details

HeadquartersAarhus
Employee Range236
Year Founded2021
Last FundingOct 28, 2025

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