Formalize Competitors and Similar CompaniesClear all

Formalize's competitors and similar companies include Deel, Optro and Test.com.

	Formalize Formalize (formerly known as Whistleblower Software) is a company that develops a compliance operations platform.	Deel Deel is a company that develops workforce platform solutions.	Optro Optro (formerly known as AuditBoard and SOXHUB) is a company that develops a compliance, audit, and risk management platform.	Test.com Test.com is a company that develops an online test delivery and certification management platform Gauge.
Founding Date	Founding Date 2021	Founding Date 2019	Founding Date 2014	Founding Date 1996
Type	Type Private	Type Private	Type Private	Type Private
Tags	Tags Technology automation compliance enterprise software platform	Tags Technology automation compliance enterprise software hrtech platform	Tags Technology automation compliance enterprise software platform	Tags Technology automation compliance enterprise software platform
Locations	Locations Aarhus, DK HQ Copenhagen, DK Milan, IT Madrid, ES	Locations San Francisco, US HQ Saint étienne, FR Madrid, ES	Locations Cerritos, US HQ London, GB El Segundo, US	Locations Shaker Heights, US HQ
Employees	Employees 1823% increase	Employees 9,41210% decrease	Employees 1,0119% increase	Employees 20
Operating ⚠
Investors	Investors N/A	Investors 7 (Jan, 2024)	Investors 4 (Nov, 2023)	Investors N/A
Subscription Plans	Subscription Plans N/A	Subscription Plans 5 (Jan, 2024)	Subscription Plans N/A	Subscription Plans 3 (Sep, 2023)
Funding
Latest funding round	Latest funding round $ 16m (about 2 years ago)	Latest funding round $ 156m (about 5 years ago)	Latest funding round $ 40m (over 7 years ago)	Latest funding round N/A
Total funding raised	Total funding raised $ 16m	Total funding raised $ 204.8m	Total funding raised $ 43.6m	Total funding raised N/A