Tech Company Financing Transactions
Formations Funding Round
Formations secured a $8 million Series A funding round on 4/13/2022. Backers included Arthur Ventures.
Transaction Overview
Company Name
Announced On
4/13/2022
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Series A
Investors
Arthur Ventures (Lead Investor) (Ryan Kruizenga)
Proceeds Purpose
It will help Formations further develop its solution and advance its aim of democratizing access to financial tools and strategies for the self employed, the largest and most under-served workforce, and offer services previously available only to those with access to heavy financial backing.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
2821 Northup Way 250-280
Bellevue, WA 98004
USA
Bellevue, WA 98004
USA
Phone
Website
Email Address
Overview
Formations was founded by Shahar Plinner and Uri Bar-Joseph in late 2019 with the passion of helping real people solve real problems. They recognized the need for a holistic financial management solution for self-employed individuals, the fastest-growing segment in the workforce, and launched the company in March 2020, offering help and support to the millions of self-employed workers in the United States.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Shahar Plinner
Chief Marketing Officer
Daniel Reizes
Chief Operating Officer
Uri Joseph
VP - Engineering
Karl Schmidt
VP - Human Resources
Shiri Bibliowicz
VP - Operations
Adi Buber
VP - Sales
Taylor Eidsmoe
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