Formsite
Downers Grove, Illinois, United States
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 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.
Last updated
Formsite Revenue
In 2020, Formsite's revenue reached $6.5M. Since its launch in 1998, Formsite has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2020 | Formsite Hit $6.5m revenue in January 2020 | |
| 1998 | Launched 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.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
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).
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
Formsite serves 11.5K customers.
Formsite Employees & Team Size
Formsite employs approximately 7 people as of 2026, down from 12 in 2023. It serves 11.5K customers that rely on its solutions.
| Year | Milestone |
|---|---|
| 2024 | Reached 7 employees (October 2024) |
| 2023 | Reached 12 employees (December 2023) |
| 2023 | Reached 12 employees (September 2023) |
| 2023 | Reached 12 employees (January 2023) |
| 2022 | Reached 12 employees (December 2022) |
| 2022 | Reached 12 employees (January 2022) |
| 2021 | Reached 16 employees (October 2021) |
| 2021 | Reached 11 employees (August 2021) |
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.
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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