# Formaloo Solutions

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/formaloo-solutions

- Industry: Software
- Headquarters: Toronto, Canada
- Website: www.formaloo.com
- Total disclosed funding: $2.2M
- Latest round: Seed (Jul 5, 2023)
- Investors on record: 4

## About

Founded in 2020 by its CEO, Farokh Shahabi Nezhad, CTO, Hasan Noori, and COO, Mehrnoosh Baratpour, and based in Canada, Formaloo Solutions Inc., operates as a cloud-based customer data platform that includes marketing automation, data analytics, data flow, and data gathering tools. In July 2023, Formaloo Solutions Inc., raised EUR 2 million in seed funding led by Change Ventures, with participation from investors Hyde Park Venture Partners, Mana Ventures, and Startup Wise Guys. As of 2023, the company had a client base of more than 20,000 companies, including Bolt, Citibank, Meta, Orange, and many more.

The company offers a digital platform used for data collection processes, including advanced form logic, conditional branching, and real-time analytics, by integrating with various applications like Google, Facebook, Salesforce, Slack, Microsoft, Shopify, and many more.

The company’s product portfolio includes form builders, app builders, membership portals, a customer data platform (CDP) used for quiz makers, survey makers, poll makers, logic and calculations, a chatbot builder, and various customer relationship management tools.

The company offers a digital platform used for data collection processes, including advanced form logic, conditional branching, and real-time analytics, by integrating with various applications like Google, Facebook, Salesforce, Slack, Microsoft, Shopify, and many more.

The company’s product portfolio includes form builders, app builders, membership portals, a customer data platform (CDP) used for quiz makers, survey makers, poll makers, logic and calculations, a chatbot builder, and various customer relationship management tools.

The company plans to use the July 2023 funding to accelerate development and deliver new features that will improve the consumer experience.

## Funding rounds

- Seed, Jul 5, 2023, $2.2M — Hyde Park Venture Partners, Startup Wise Guys, Change Ventures, Mana Ventures

## Investors

- Hyde Park Venture Partners (https://capitalatlas.ai/funds/hyde-park-venture-partners) — Seed
- Startup Wise Guys (https://capitalatlas.ai/funds/startup-wise-guys) — Seed
- Change Ventures (https://capitalatlas.ai/funds/change-ventures) — Seed
- Mana Ventures (https://capitalatlas.ai/funds/mana-ventures) — Seed