Tech Company Financing Transactions

Formalize Funding Round

Acton Capital Partners, BlackFin Capital Partners and CIBC Innovation Banking participated in a $35 million Series B funding round for Formalize. The round was announced on 10/28/2025.

Transaction Overview

Company Name
Announced On
10/28/2025
Transaction Type
Venture Equity
Amount
$35,000,000
Round
Series B
Proceeds Purpose
The company intends to use the funds to strengthen its position as the go-to compliance operations platform in Europe and scale its presence in key markets such as DACH and France, opening new offices and growing local teams to support customers and partners on the ground.

Company Information

Company Status
Private & Independent
Industry
Software
Mailing Address
Kannikegade 4
Aarhus, 8000
Denmark
Phone
Undisclosed
Email Address
Overview
We empower compliance professionals to leverage the value of compliance. Our journey started within the whistleblowing compliance sector, highlighted by the award-winning Whistleblower Software by Formalize, laying the foundation of our success story.
Profile
Formalize LinkedIn Company Profile
Social Media
Formalize Company Twitter Account
Company News
Formalize News
Facebook
Formalize on Facebook
YouTube
Formalize on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Jakob Lilholm
  Jakob Lilholm LinkedIn Profile  Jakob Lilholm Twitter Account  Jakob Lilholm News  Jakob Lilholm on Facebook


 

 

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About Our Venture Capital Transactions Database

Our team works diligently to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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