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Valuation

$19.5M

2020 Revenue

$6.5M

Customers

11.5K

Funding

$0

Avg ACV

$565

Team

7

Founded

1998

How Formsite CEO Randy Vroman grew Formsite to $6.5M revenue and 11.5K customers in 2020.

Formsite is an online form builder and data collection tool that helps businesses create and manage forms for various purposes such as surveys, registrations, order forms, and more. With its user-friendly interface and customizable form templates, Formsite makes it easy for organizations to collect and analyze data efficiently.

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Formsite Revenue

In 2020, Formsite's revenue reached $6.5M. Since its launch in 1998, Formsite has shown consistent revenue growth.

Formsite Revenue GrowthReported revenue / ARR by year$0$2M$3M$5M$6M$8M199820002002200420062008201020122014201620182020$0$7MSource: GetLatka.com
YearMilestone
2020Formsite Hit $6.5m revenue in January 2020
1998Launched with $0 revenue

Formsite Valuation, Funding Rounds

Formsite's most recent disclosed valuation is $19.5M.

Formsite is a bootstrapped Other Analytics Software startup. Founded in 1998, Formsite has grown to $6.5M in revenue without raising any venture capital or outside funding.

As a self-funded Other Analytics Software SaaS company, Formsite has built its business with no outside investment.

Formsite Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$119981998 cumulative: $0 • 1998 Founded: $01998 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Formsite Employees & Team Size

Formsite employs approximately 7 people as of 2026, down from 12 in 2023.

Formsite has 7 total employees in different roles and functions. They have 11.5K customers that rely on the company's solutions.

Formsite Team GrowthReported headcount over time048121620199820002002200420062008201020122014201620182020202220240077Source: GetLatka.com
YearMilestone
2024Reached 7 employees (October 2024)
2023Reached 12 employees (December 2023)
2023Reached 12 employees (September 2023)
2023Reached 12 employees (January 2023)
2022Reached 12 employees (December 2022)
2022Reached 12 employees (January 2022)
2021Reached 16 employees (October 2021)
2021Reached 11 employees (August 2021)

Founder / CEO

Randy Vroman

Formsite began as a side project way back in 1998 when our Founder saw the need for a Marketing Manager he worked with to be able to create their own Internet survey without the assistance of others. Over 20 years later, from the early days of dial-up modems and before cloud computing, our service has helped people by removing the need for programming knowledge to build online forms and surveys. Formsite has grown 100% organically without any external investors, stockholders, or pressure to compromise our mission to provide a world-class online forms and surveys platform. As our business evolved over the past 20 years, we have transitioned our operations entirely to a cloud-based environment operating on Amazon’s Web Services (AWS).

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Customers

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Frequently Asked Questions about Formsite

What is Formsite's revenue?

Formsite generates $6.5M in revenue.

Who founded Formsite?

Formsite was founded by Randy Vroman.

Who is the CEO of Formsite?

The CEO of Formsite is Randy Vroman.

How much funding does Formsite have?

Formsite raised $0.

How many employees does Formsite have?

Formsite has 7 employees.

Where is Formsite headquarters?

Formsite is headquartered in Downers Grove, Illinois, United States.

Compare Formsite to the industry

Formsite operates across multiple industries. Browse revenue, funding, and growth data for Formsite 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 .