Formulary Financial: Funding, Investors & Team (Oct 2026)
Formulary Financial designs tools that enhance financial decision-making, streamline workflows, and optimize portfolio oversight for institutional clients. Its technology applies machine learning to improve the accuracy and efficiency of financial processes while maintaining compliance with industry standards.
Formulary Financial has raised $4.6M across 1 funding round on record, the most recent a Seed of $4.6M announced in Jan 2026.
That round is below the $15M median round size for Financial Services companies tracked on FundedIQ over the last two years.
Formulary Financial Company Profile and Key Stats
Latest funding round on record: Jan 2026.
Formulary Financial Funding Rounds
Formulary Financial Founders and Leadership Team
No contact details are on record for this team yet.
Formulary Financial Funding Compared to Other Financial Services Startups
Formulary Financial's latest round of $4.6M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
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Formulary Financial Funding FAQs
What does Formulary Financial do?
Formulary Financial designs tools that enhance financial decision-making, streamline workflows, and optimize portfolio oversight for institutional clients. Its technology applies machine learning to improve the accuracy and efficiency of financial processes while maintaining compliance with industry standards.
How much funding has Formulary Financial raised?
Formulary Financial has raised $4.6M across 1 round on record. The most recent is a Seed of $4.6M announced in Jan 2026.
When did Formulary Financial last raise funding?
Formulary Financial's most recent funding round on record is a Seed of $4.6M, announced in Jan 2026.
Who founded Formulary Financial?
FundedIQ lists Alfia Ilicheva (Founder) at Formulary Financial.
Where is Formulary Financial headquartered?
Formulary Financial is based in New York, New York, United States.
How many employees does Formulary Financial have?
Formulary Financial is in the 1-10 employee band.
How does Formulary Financial's funding compare to other Financial Services startups?
Formulary Financial's latest round of $4.6M is below the $15M median round size for Financial Services companies on FundedIQ across 5,751 tracked companies over the last two years.
About FundedIQ's Formulary Financial 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 Formulary Financial is left off this page rather than filled in.
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