Formalize is a security, privacy, and compliance automation platform, headquartered in Aarhus, Denmark, founded in 2021.
| Date | Round | Amount | Investors |
|---|---|---|---|
| 2025-10-28 | Series B | $35M | Acton Capital, BlackFin Capital Partners, CIBC Innovation Banking, West Hill Capital |
Data from The Signal by Return on Security — cybersecurity funding, M&A activity, and company intelligence.