Formalize
Compliance with Confidence
Copenhagen · Founded 2021 · $51.6M raised
- Headquarters
- Copenhagen
- Employees
- 51–200
- Founded
- 2021
- Business Model
- B2B
- Website
- formalize.com
- Total Funding
- $51.6M
- Last Round
- $32.4M Series BOct 2025
- Rounds
- 3
About
Formalize is a European compliance operations platform founded in 2021 that helps organizations manage governance, risk, and compliance (GRC) workflows across frameworks including ISO 27001, NIS2, DORA, and GDPR. Its platform connects risk management, policy lifecycle, third-party audits, incident tracking, and whistleblowing into a unified system, replacing fragmented spreadsheets and point tools. Trusted by over 8,000 companies across 80+ countries, Formalize is headquartered in Copenhagen and Aarhus, Denmark, and partners with leading firms such as Fieldfisher, BDO, and DLA Piper.
Summary
Formalize is a Compliance company based in Copenhagen, founded in 2021. It has raised $51.6M in total across 3 rounds, most recently a $32.4M Series B round in Oct 2025. Investors include BlackFin Tech and Acton Capital.
Sign up to view the funding chart
Create a free account — you'll get 10 credits a month to unlock funding history, valuations, and tech stacks.
Funding History
Oct 2025
Sign up to see all 3 rounds
Full funding history, per-round amounts, and investor participation.
Investors
Similar Companies

OpenAI is an AI research and deployment company dedicated to ensuring that general-purpose artifi...

Databricks is the pioneer of the data lakehouse, a unified platform for data science, machine lea...

AI-powered platform designed for immigration law firms

Food and facilities management services

Visma is a European provider of mission-critical enterprise resource planning software and servic...

For more than 30 years, BMC has helped thousands of companies around the world master IT complexi...