Valuation
$15M
2024 Revenue
$5M
Funding
$0
Team
28
Founded
2021
How Formance CEO Clement Salaun grew to $5M revenue with a 28 person team in 2024.
Open Source Infrastructure for the Financial Internet
Last updated
Formance Revenue
In 2024, Formance's revenue reached $5M. Since its launch in 2021, Formance has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Formance Hit $5m revenue in June 2024 | |
| 2021 | Launched with $0 revenue |
Formance Valuation, Funding Rounds
Formance's most recent disclosed valuation is $15M.
Formance is a bootstrapped Blockchain Software startup. Founded in 2021, Formance has grown to $5M in revenue without raising any venture capital or outside funding.
As a self-funded Blockchain Software SaaS company, Formance has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Formance yet.
Formance Employees & Team Size
Formance employs approximately 28 people as of 2026.
| Year | Milestone |
|---|---|
| 2024 | Reached 28 employees (December 2024) |
| 2024 | Reached 14 employees (June 2024) |
| 2024 | Reached 14 employees (June 2024) |
Frequently Asked Questions about Formance
What is Formance's revenue?
Formance generates $5M in revenue.
Who founded Formance?
Formance was founded by Clement Salaun.
Who is the CEO of Formance?
The CEO of Formance is Clement Salaun.
How much funding does Formance have?
Formance raised $0.
How many employees does Formance have?
Formance has 28 employees.
Where is Formance headquarters?
Formance is headquartered in Paris, France.
Compare Formance to the industry
Formance operates across multiple industries. Browse revenue, funding, and growth data for Formance in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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