Formulary Financial
Latest round
- Seed
Last raised
- Jan 2026
Total raised
- $4.6M
Investors
- 6
About Formulary Financial
Formulary Financial, Inc. was founded in 2025 by its CEO Alfia Ilicheva, and operates from its headquarters in New York, US. The company focuses on providing fund administration services tailored to asset management firms. In January 2026, Formulary Financial, Inc.Formulary Financial, Inc. specializes in modern fund administration services designed to enhance operational efficiency for asset managers. Their core offerings include comprehensive fund reporting, treasury capital activity management, tailored reporting, and self-administration solutions. These services address the complexities associated with fund operations, transforming intricate data and manual tasks into accessible, auditable, and actionable insights.Formulary Financial, Inc. generates revenue through structured B2B service agreements with asset management firms. Clients typically engage Formulary on a subscription basis, accessing a suite of fund administration services tailored to their specific needs. The company’s revenue is supported by partnerships that provide ongoing assistance throughout the investment process.In January 2026, Formulary Financial, Inc. The company aims to enhance its service offerings and plans to expand its presence into additional European markets by 2027, catering to a growing client base in regions where demand for fund administration services is increasing.
Who invested in Formulary Financial
6 investors across 1 round
See all investors in Formulary Financial
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Funding rounds
Seed
Jan 20, 2026
Amount
$4.6M
Investors
Questions about Formulary Financial
Who invested in Formulary Financial?
Formulary Financial has 6 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 Formulary Financial raised?
Formulary Financial has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Formulary Financial last raise money?
Formulary Financial's most recent round on record is a Seed, in Jan 2026.
What does Formulary Financial do?
Formulary Financial is a software company.
Where is Formulary Financial headquartered?
Formulary Financial is headquartered in New York, US.
Which VCs invest in companies like Formulary Financial?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Formulary Financial's stage. Their profiles are linked below.
VCs backing software startups at Seed
Raising like Formulary Financial? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.