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Formulate

Formulate

Private
Fenton, MissouriEnterprise Softwarehttps://www.formulate.co/select-experience

Last Round

Seed

Dec 3, 2020

Est. Valuation

$1.79M

Total Funding Raised

$1.53M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

Formulate is a personal products company that offers customized hair, scalp, and skin care products designed by personal chemists.

Sector

Enterprise Software

Verticals

Business Intelligence, Accounting & Expense, Workflow Automation, Vertical SaaS

Business Model

B2B

Customer Profile

Subscription SaaS

AI Layer

Non-AI

Keywords

financial planning and analysisFP&Afinancial forecastingbudgeting softwarefinancial reportingFP&A softwareautomated reportingdata modelingB2B SaaSspreadsheet replacementcash flow managementworkflow automationbusiness intelligencefinance automation

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Track how buyer interest and sentiment changes over time.

Formulate Comparables

Compare Formulate with similar companies based on industry and business-model similarity.

Formulate comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
HiBob
78%
Abacum
78%
Cube Software
78%

Formulate Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
SeedDec 3, 2020
AcceleratorMar 20, 2020

Key People

Founding team and executive leadership

Chris Schmich

Co-founder, CTO

Founding Team

Osmaan Shah

Founder, CEO

Founding Team

Formulate Investors

Notable investors and investment history

Formulate investors
InvestorRounds
LAUNCH AcceleratorAccelerator
The SaaS SyndicateSeed

Market signals

Structured signals derived from secondary market and firmographic data.

  • May 19, 2026

    Grew 44% QoQ from 16 to 23 employees.

  • Apr 17, 2026

    Grew 40% QoQ, from 15 to 21 employees.

Formulate Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Formulate Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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

Firmographic Details

HeadquartersFenton, Missouri
Employee Range22
Year Founded2018
Last FundingDec 3, 2020

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