Formance
Latest round
- Series A
Last raised
- Dec 2024
Total raised
- $19M
Investors
- 5
About Formance
Based in France, and founded in 2021, Formance operates as a financial software company. The company was founded by its COO Anne-Sybille Pradelles, and Clément Salaün. In December 2024, Formance, Inc. Formance provides an open-source solution for building and managing cash flows. As of 2022, the company has developed four technological API solutions that enable tracking cash flows between pay-ins and pay-outs across numerous organizations. The software is made up of four main components: a low-code basis; customizable templates; a transaction ledger; and real-time transaction tracking tools.
Who invested in Formance
5 investors across 1 round
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Funding rounds
Series A
Dec 23, 2024
Amount
$19M
Investors
Questions about Formance
Who invested in Formance?
Formance has 5 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Formance raised?
Formance has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Formance last raise money?
Formance's most recent round on record is a Series A, in Dec 2024.
What does Formance do?
Based in France, and founded in 2021, Formance operates as a financial software company.
Where is Formance headquartered?
Formance is headquartered in Paris, France.
Which VCs invest in companies like Formance?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back software companies at Formance's stage. Their profiles are linked below.
VCs backing software startups at Series A
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