Who has invested in Formalize?

Acton Capital, BlackFin Tech, West Hill Capital, CIBC Innovation Banking, Matrix are named among the investors backing Formalize.

Formalize Funding: $54M Raised, Series B (2025)

Formalize funding overview

Formalize is based in Copenhagen, Denmark. Formalize has raised $54M in total disclosed funding. That places its disclosed total in the $25M–$100M range. Its most recent disclosed round is a Series B announced in October 2025. The round record for Formalize runs through 2025; nothing later has been disclosed. Investors on record include Acton Capital, BlackFin Tech, West Hill Capital, CIBC Innovation Banking, Matrix. 5 distinct backers are named across the disclosed rounds.

Formalize at a glance

Total raised: $54M
Latest round: Series B
Latest round date: October 2025
Headquarters: Copenhagen, Denmark
Notable investors: Acton Capital, BlackFin Tech, West Hill Capital, CIBC Innovation Banking, Matrix

Frequently asked about Formalize funding

How much has Formalize raised?: Formalize has raised $54M in total disclosed funding across the rounds on record.
Who has invested in Formalize?: Acton Capital, BlackFin Tech, West Hill Capital, CIBC Innovation Banking, Matrix are named among the investors backing Formalize.
What was the latest Formalize funding round?: The most recent disclosed round is a Series B, announced in October 2025.
Where is Formalize based?: Formalize is based in Copenhagen, Denmark.
When did Formalize last raise?: The last disclosed Formalize round closed in October 2025 at Series B.

Totals shown for Formalize aggregate every disclosed round on file. To see how that compares, browse the companies in Copenhagen and the investors behind them below.

Formalize Funding: $54M Raised, Series B (2025)

Formalize funding overview

Formalize at a glance

Frequently asked about Formalize funding

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