Formalize: Funding, Investors & Team (Oct 2026)
Formalize delivers a cloud-based compliance operations platform designed for governance, risk, and control workflows.
Formalize has raised $35.0M across 1 funding round on record, the most recent a Series B of $35.0M announced in Oct 2025.
That round is above the $3.3M median round size for Denmark companies tracked on FundedIQ over the last two years.
Formalize Company Profile and Key Stats
Latest funding round on record: Oct 2025.
Formalize Funding Rounds
Formalize Founders and Leadership Team
Contact details for the Formalize team: 1 of 1 has an email address on file, 1 has a LinkedIn profile.
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Formalize's latest round of $35.0M is above the median round in Denmark. Medians cover the last 24 months of disclosed rounds.
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Formalize Funding FAQs
What does Formalize do?
Formalize delivers a cloud-based compliance operations platform designed for governance, risk, and control workflows.
How much funding has Formalize raised?
Formalize has raised $35.0M across 1 round on record. The most recent is a Series B of $35.0M announced in Oct 2025.
When did Formalize last raise funding?
Formalize's most recent funding round on record is a Series B of $35.0M, announced in Oct 2025.
Who is the CEO of Formalize?
Jakob Lilholm is listed as CEO at Formalize.
Where is Formalize headquartered?
Formalize is based in Aarhus, Denmark.
How many employees does Formalize have?
Formalize is in the 101-250 employee band.
About FundedIQ's Formalize Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Formalize is left off this page rather than filled in.
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