Formance

Paris, France

Formance is an open-source and cloud-native infrastructure platform to build financial applications.

$21.0M raised

Jan 2025

Series A

Top Investors

Y CombinatorAxeleo CapitalPayPal VenturesFrstHoxton Ventures

19,000+ verified contacts

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How much funding has Formance raised?

Formance has raised $21.0M in total funding. The most recent round was Series A. The last funding was announced in January 2025.

Who are Formance's investors?

Formance's investors include Y Combinator, Axeleo Capital, PayPal Ventures, Frst, Hoxton Ventures.

Where is Formance headquartered?

Formance is headquartered in Paris, France.

What does Formance do?

Formance is an open-source and cloud-native infrastructure platform to build financial applications.

What stage is Formance at?

Formance is at the Series A stage.

Cite this page

Free to use in articles, research, and reference works. Stable URL — will not change. Data on this page last updated January 29, 2025.

MLA

"Formance — Funding & Investors." VCBacked, January 29, 2025, https://www.vcbacked.co/company/formance. Accessed June 4, 2026.

APA

VCBacked. (2025). Formance — Funding & Investors. Retrieved June 4, 2026, from https://www.vcbacked.co/company/formance

Wikipedia (cite web)

{{cite web |title=Formance — Funding & Investors |url=https://www.vcbacked.co/company/formance |website=VCBacked |access-date=June 4, 2026}}

Profile data sourced and verified per the VCBacked methodology. Last funding round dated January 29, 2025.