Formalize Competitors and Similar CompaniesClear all

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

	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.	Scalr Scalr is a company that specializes in the development of automation and collaboration software platforms.	Optro Optro (formerly known as AuditBoard and SOXHUB) is a company that develops a compliance, audit, and risk management platform.
Founding Date	Founding Date 2021	Founding Date 2019	Founding Date 2011	Founding Date 2014
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 San Francisco, US HQ	Locations Cerritos, US HQ London, GB El Segundo, US
Employees	Employees 1823% increase	Employees 9,41210% decrease	Employees 44	Employees 1,0119% increase
Operating ⚠
Countries Covered	Countries Covered N/A	Countries Covered 150 (Jan, 2024)	Countries Covered 6 (Jun, 2020)	Countries Covered N/A
Customers	Customers N/A	Customers N/A	Customers 12 (Jun, 2020)	Customers 2 k (Nov, 2023)
Investors	Investors N/A	Investors 7 (Jan, 2024)	Investors N/A	Investors 4 (Nov, 2023)
Funding
Latest funding round	Latest funding round $ 16m (about 2 years ago)	Latest funding round $ 156m (about 5 years ago)	Latest funding round $ 7.5m (over 10 years ago)	Latest funding round $ 40m (over 7 years ago)
Total funding raised	Total funding raised $ 16m	Total funding raised $ 204.8m	Total funding raised $ 7.5m	Total funding raised $ 43.6m