Formatech, Inc.
Valuation
$3.6M
2025 Revenue
$1.2M
Funding
$0
Team
11
Founded
1993
How Formatech, Inc. grew Formatech, Inc. to $1.2M revenue with a 11 person team in 2025.
At Formatech, we help make new drugs happen… at the speed of science! Formatech, founded in 1993, provides contract services that deliver unique solutions to our clients’ product development and manufacturing challenges. Our service offerings include: preformulation and formulation development of all common dosage forms, lyophilization development, cell culture/fermentation process development, purification/downstream process development and aseptic fill and finish of liquid and lyophilized dosage units. We have had excellent results developing biotherapeutic products. Our accomplishments include developing many Ab formulations at concentrations in excess of 200 mg/mL and an orally bioavailable peptide formulation. Our aseptic manufacturing facility produces liquid and lyophilized dosage units for clinical supplies or small-scale commercial products. Manufacturing support services include compounding/formulation, diafiltration/concentration (UF/DF), release testing, and ICH conforming stability programs. Our team is accomplished at completing new projects successfully even when confronted with very aggressive timelines. Our regulatory history includes FDA inspections and three inspections by the MHRA (letters and certificate of GMP compliance received).
Last updated
Formatech, Inc. Revenue
In 2025, Formatech, Inc.'s revenue reached $1.2M. Since its launch in 1993, Formatech, Inc. has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2025 | Formatech, Inc. Hit $1.2m revenue in December 2025 |
| 1993 | Launched with $0 revenue |
Formatech, Inc. Valuation, Funding Rounds
Formatech, Inc.'s most recent disclosed valuation is $3.6M.
Formatech, Inc. is a bootstrapped Virtual Fitting Software startup. Founded in 1993, Formatech, Inc. has grown to $1.2M in revenue without raising any venture capital or outside funding.
As a self-funded Virtual Fitting Software SaaS company, Formatech, Inc. has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold |
|---|
Formatech, Inc. Employees & Team Size
Formatech, Inc. employs approximately 11 people as of 2026.
Formatech, Inc. has 11 total employees in different roles and functions.
| Year | Milestone |
|---|---|
| 2025 | Reached 11 employees (December 2025) |
Customers
We do not have customer count information for Formatech, Inc. yet.
Frequently Asked Questions about Formatech, Inc.
What is Formatech, Inc.'s revenue?
Formatech, Inc. generates $1.2M in revenue.
How much funding does Formatech, Inc. have?
Formatech, Inc. raised $0.
How many employees does Formatech, Inc. have?
Formatech, Inc. has 11 employees.
Where is Formatech, Inc. headquarters?
Formatech, Inc. is headquartered in Andover, Massachusetts, United States.
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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 .