Formance
PrivateLast Round
Series A
Jan 29, 2025
Est. Valuation
$1.78M
Total Funding Raised
$24.23M
Momentum
Top 25%
of companies Caplight tracks
Company Overview
Formance operates in FinTech and is based in Paris. Its latest recorded funding round was a Series A round in January 2025.
Formance is a financial technology company that provides an open-source financial infrastructure platform enabling developers to build, operate, and track complex money flows.
Sector
FinTech
Verticals
Digital Payments, Workflow Automation, Database Management, Compliance & Risk, API Management
Business Model
B2B
Customer Profile
Subscription SaaS, Services & Consulting
AI Layer
Infrastructure
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Formance Comparables
Compare Formance with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Fragment | 82% | |
| Blnk Finance | 77% | |
| Numeral | 76% |
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Formance Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series A | Jan 29, 2025 | ||||
| Pre Seed | Jun 20, 2022 | ||||
| Accelerator | Aug 1, 2021 |
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Key People
Founding team and executive leadership
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Formance Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| PayPal Ventures | Series A |
| Hoxton Ventures | Series A, Pre Seed |
| Y Combinator | Accelerator, Series A, Pre Seed |
| Frst Capital | Pre Seed |
| Portage | Series A |
| Axeleo Capital | Series A |
Market signals
Structured signals derived from secondary market and firmographic data.
- Jul 27, 2026
Open roles increased to 103, 3.8x the trailing average.
- Jul 25, 2026
Monthly visitors increased 37% MoM.
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Recent news
Latest coverage and updates
- launchesSep 30, 2026
Formance, Inc. announced the Kraken Pro Connector, available through its Connectivity module to continuously reconcile Kraken Pro balances, in New York on Sep 30th '26.
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Formance Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
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Frequently Asked Questions
Common questions about Formance's valuation, stock price, and market status.
Is Formance a public or private company?
Formance is a private company.
What is the current stock price of Formance?
Formance is a private company, so its shares have no public market price. Caplight tracks Formance's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is Formance worth (valuation)?
Formance's valuation is estimated at $1.8M based on funding round data.
Can I buy Formance stock?
Formance shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was Formance's last funding round?
Formance's most recent funding round was Series A on January 29, 2025.
Who are the main investors in Formance?
Key investors in Formance include PayPal Ventures, Hoxton Ventures, Frst Capital, Portage.
Will Formance IPO soon?
No public IPO plans have been announced for Formance.
How can I track Formance secondary market activity?
Caplight tracks bids, offers, and trades in Formance's shares on secondary markets.