Formative Funding: $70M Raised, Series C (2022)

Formative is an Education company based in Santa Monica. It has raised $70M in total funding. Latest round: Series C.

Formative funding overview

Formative is an Education company based in Santa Monica. Formative has raised $70M in total disclosed funding. That places its disclosed total in the $25M–$100M range. Its most recent disclosed round is a Series C announced in May 2022. The round record for Formative runs through 2022; nothing later has been disclosed. Investors on record include Summit Partners, Emerson Collective, Fika Ventures, Mac Venture Capital Management, Rethink Education, Newsela. 6 distinct backers are named across the disclosed rounds.

Formative at a glance

Total raised
$70M
Latest round
Series C
Latest round date
May 2022
Industry
Education
Headquarters
Santa Monica
Notable investors
Summit Partners, Emerson Collective, Fika Ventures, Mac Venture Capital Management, Rethink Education, Newsela

Frequently asked about Formative funding

How much has Formative raised?
Formative has raised $70M in total disclosed funding across the rounds on record.
Who has invested in Formative?
Summit Partners, Emerson Collective, Fika Ventures, Mac Venture Capital Management, Rethink Education, Newsela are named among the investors backing Formative.
What was the latest Formative funding round?
The most recent disclosed round is a Series C, announced in May 2022.
Where is Formative based?
Formative is based in Santa Monica.
What sector does Formative operate in?
Formative is tracked under Education from Santa Monica, with $70M in disclosed funding.
When did Formative last raise?
The last disclosed Formative round closed in May 2022 at Series C.

We update the Formative record whenever a new round is filed or announced, so the totals above track the public record rather than estimates. Related Education companies in Santa Monica and their backers are listed below.

Formative founders (1)

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