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How Formalize grew Formalize to $16.9M revenue with a 154 person team in 2025.

Simplifying compliance together · Formalize Compliance Operations System & Whistleblower Software by Formalize · Covering 5M+ employees

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Formalize Revenue

In 2025, Formalize's revenue reached $16.9M. Since its launch, Formalize has shown consistent revenue growth.

Formalize Revenue GrowthReported revenue / ARR by year$0$4M$8M$12M$16M$20M2025$17MSource: GetLatka.com
YearMilestone
2025Formalize Hit $16.9m revenue in September 2025

Formalize Valuation, Funding Rounds

Formalize's most recent disclosed valuation is $50.8M.

Formalize is a bootstrapped Other Collaboration Software startup that has reached $16.9M in revenue with no outside investment.

No funding has been reported for Formalize yet.

Formalize Employees & Team Size

Formalize employs approximately 154 people as of 2026.

Formalize has 154 total employees in different roles and functions.

Formalize Team GrowthReported headcount over time040801201602002025154154Source: GetLatka.com
YearMilestone
2025Reached 154 employees (September 2025)

Customers

We do not have customer count information for Formalize yet.

Frequently Asked Questions about Formalize

What is Formalize's revenue?

Formalize generates $16.9M in revenue.

How much funding does Formalize have?

Formalize raised $0.

How many employees does Formalize have?

Formalize has 154 employees.

Where is Formalize headquarters?

Formalize is headquartered in Aarhus, Middle Jutland, Denmark.

Compare Formalize to the industry

Formalize operates across multiple industries. Browse revenue, funding, and growth data for Formalize in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .