Formalize
Formalize50
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detected 2026-07-03
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What does Formalize do?
Formalize offers a compliance system designed to transform complex regulatory demands into actionable workflows. Their platform helps companies speed up compliance with regulations like DORA, NIS2, and GDPR, while also supporting GRC, ISO 27001, and SOC 2 readiness. Formalize serves businesses seeking to master compliance with confidence, reducing chaos and bringing clarity to their regulatory obligations.
How much funding has Formalize raised?
Formalize has raised a total of $37M in funding. The most recent round on record is Series B.
Where is Formalize headquartered?
Formalize is headquartered in Tel Aviv, Israel.
When was Formalize founded?
Formalize was founded in 2022.
What industry does Formalize operate in?
Formalize operates in LegalTech, AI Tools & Apps, Enterprise Software, Workflow Automation, Contract Analysis, Document Review.
How many employees does Formalize have?
Formalize has approximately 226 people on record.
What is Formalize's revenue?
StartupHub estimates Formalize's annual revenue at $30.2M (range $16.6M to $52.7M, 66% confidence), based on comparable companies in the sector.
What is Formalize's valuation?
StartupHub estimates Formalize's effective valuation at $140.2M (range $93.3M to $223.8M, 21% confidence), based on comparable companies in the sector.