Formance
PrivateLast Round
Series A
Jan 29, 2025
Est. Valuation
$1.78M
Total Funding Raised
$24.23M
Momentum
Top 1%
of companies Caplight tracks
Company Overview
Formance is a financial technology company that provides an open-source financial infrastructure platform enabling developers to build, operate, and track complex money flows.
Sector
FinTech
Verticals
Digital Payments, Workflow Automation, Database Management
Business Model
B2B
Customer Profile
Subscription SaaS, Services & Consulting
AI Layer
Infrastructure
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Formance Comparables
Compare Formance with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Fragment | 82% | |
| Blnk Finance | 77% | |
| Numeral | 76% | |
Formance Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series A | Jan 29, 2025 | ||||
| Pre Seed | Jun 20, 2022 | ||||
| Accelerator | Aug 1, 2021 |
Formance Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| PayPal Ventures | Series A |
| Hoxton Ventures | Series A, Pre Seed |
| Y Combinator | Accelerator, Series A, Pre Seed |
| Frst Capital | Pre Seed |
| Portage | Series A |
| Axeleo Capital | Series A |
Market signals
Structured signals derived from secondary market and firmographic data.
- Jul 13, 2026
Open roles increased to 48, representing 94% of headcount.
- Jul 6, 2026
Open roles increased from 0 to 12, representing 24% of headcount.
Formance Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Formance's valuation, stock price, and market status.