# Formalize

**Source:** https://www.startuphub.ai/startups/formalize
**Profile type:** Startup

> Formalize transforms overwhelming compliance demands into actionable compliance workflows. No chaos, just clarity. Helping you master DORA, NIS2, and whatever comes next.

## Key facts

- **Slug:** formalize
- **Website:** https://formalize.com/en
- **Location:** Tel Aviv, Israel
- **Founded:** 2022-01-01
- **Employees:** 226
- **Operating status:** Active
- **Total funding:** $37M
- **Sectors / tags:** LegalTech, AI Tools & Apps, Enterprise Software, Workflow Automation, Contract Analysis, Document Review, Generative AI, Large Language Model, Retrieval Augmented Generation
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/formalize-com

## Frequently asked

### What does Formalize do?

Formalize transforms overwhelming compliance demands into actionable compliance workflows. No chaos, just clarity. Helping you master DORA, NIS2, and whatever comes next.

### What is Formalize's revenue?

StartupHub estimates Formalize's annual revenue at $56.2M (range $38.2M to $114.0M, 63% 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, 19% confidence), based on comparable companies in the sector.

### 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.

## JSON-LD

Structured data aligned with this page's `<script type="application/ld+json">` (included when the profile is server-rendered).

```json
{
  "@context": "https://schema.org",
  "@graph": [
    {
      "@type": "BreadcrumbList",
      "itemListElement": [
        {
          "@type": "ListItem",
          "position": 1,
          "name": "Home",
          "item": "https://www.startuphub.ai"
        },
        {
          "@type": "ListItem",
          "position": 2,
          "name": "Startups",
          "item": "https://www.startuphub.ai/startups"
        },
        {
          "@type": "ListItem",
          "position": 3,
          "name": "Formalize",
          "item": "https://www.startuphub.ai/startups/formalize"
        }
      ]
    },
    {
      "@type": "ProfilePage",
      "@id": "https://www.startuphub.ai/startups/formalize#webpage",
      "url": "https://www.startuphub.ai/startups/formalize",
      "name": "Formalize - AI Startup Profile | StartupHub.ai",
      "description": "This is the official profile of Formalize. Formalize is a startup founded in 2022, operating in LegalTech and AI Tools & Apps. Formalize transforms overwhelming compliance demands into actionable compliance workflows. No chaos, just clarity. Helping you master DORA, NIS2, and whatever comes next. Headquartered in Tel Aviv, Israel. The company has approximately 226 employees.",
      "dateModified": "2026-05-06T16:17:04.591+00:00",
      "mainEntity": {
        "@id": "https://www.startuphub.ai/startups/formalize#organization"
      }
    },
    {
      "@type": "Organization",
      "@id": "https://www.startuphub.ai/startups/formalize#organization",
      "name": "Formalize",
      "url": "https://formalize.com/en",
      "logo": "https://cdn.startuphub.ai/storage/v1/object/public/entity-images/logos/f425be17-5a2d-4e6b-aee3-b23bee8349de-square.webp",
      "image": "https://cdn.startuphub.ai/storage/v1/object/public/entity-images/logos/f425be17-5a2d-4e6b-aee3-b23bee8349de-square.webp",
      "description": "This is the official profile of Formalize. Formalize is a startup founded in 2022, operating in LegalTech and AI Tools & Apps. Formalize transforms overwhelming compliance demands into actionable compliance workflows. No chaos, just clarity. Helping you master DORA, NIS2, and whatever comes next. Headquartered in Tel Aviv, Israel. The company has approximately 226 employees.",
      "sameAs": [
        "https://www.linkedin.com/company/formalize-com",
        "https://www.startuphub.ai/startups/formalize"
      ],
      "foundingDate": "2022-01-01",
      "numberOfEmployees": {
        "@type": "QuantitativeValue",
        "value": 226
      },
      "address": {
        "@type": "PostalAddress",
        "addressLocality": "Tel Aviv",
        "addressCountry": "Israel"
      },
      "knowsAbout": [
        "LegalTech",
        "AI Tools & Apps",
        "Enterprise Software",
        "Workflow Automation",
        "Contract Analysis",
        "Document Review",
        "Generative AI",
        "Large Language Model",
        "Retrieval Augmented Generation"
      ]
    }
  ]
}
```