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How Much Did Formos Raise?
Funding & Key Investors

Formos has secured $150K in total capital, with its most recent financing round bringing in $150K. This major strategic investment underscores the company's position in the market and its trajectory within the software development and business solutions sector. The company's funding history, though primarily marked by this recent strategic capital infusion, indicates a significant push towards scaling its operations and expanding its service offerings.

What is Formos?

Formos
Business ServicesSoftware Testing

Founded in 2003, Formos is a specialized provider of software product development, custom business solutions, and development team augmentation services. The company is dedicated to delivering tailored solutions designed to meet the specific requirements of its clientele across various industries. Formos leverages its expertise to enhance client operational efficiency and facilitate the achievement of strategic business objectives, positioning itself as a key partner for businesses seeking innovative and high-quality software development support.

How much funding has Formos raised?

Formos has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

What's next for Formos?

The recent large-scale late-stage funding signifies a pivotal moment for Formos, likely enabling significant expansion of its service capabilities, market reach, and technological infrastructure. This strategic capital injection is expected to fuel further innovation in software product development and custom solutions, potentially leading to new service lines or enhanced offerings in development team augmentation. The company is poised to capitalize on its established expertise to solidify its market presence and pursue ambitious growth objectives.

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Frequently Asked Questions Regarding Formos Financial Insights

What are the most recent funding rounds that Formos has completed, and what were the funding rounds?
Formos has recently completed 1 funding rounds: Debt on Apr 14, 2020. What is the total amount of funding Formos has raised to date?
Formos has raised a total of $150K in funding to date. How many funding rounds has Formos completed?
Formos has completed 1 funding rounds. How much funding did Formos raise in its most recent funding round?
Formos raised $150K in its most recent funding round. Who are the lead investors in Formos's latest funding round?
The lead investor in Formos's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo. Which was the largest funding round in Formos's history?
The largest funding round in Formos's history was $150K.
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