What is Formula?
Formula Corp, established in 1983, is a seasoned manufacturer specializing in custom-blended chemicals. The company serves diverse markets including personal care, sanitary maintenance, and industrial cleaning. Offering a comprehensive suite of services such as contract manufacturing, toll blending, and private label options, Formula Corp caters to a broad client base across grocery, healthcare, and hospitality sectors. Their product portfolio encompasses salon-grade personal care items, household cleaning solutions, and eco-friendly alternatives, all developed with a focus on quality, innovation, and sustainability.
How much funding has Formula raised?
Formula has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
What's next for Formula?
With its recent strategic investment and substantial total funding, Formula is poised for accelerated growth and market penetration. The company's established infrastructure for contract manufacturing and private labeling, combined with its diverse product lines, positions it to capitalize on emerging trends in both consumer and industrial chemical markets. Future initiatives are likely to focus on expanding production capacity, enhancing its eco-friendly product offerings, and potentially exploring new market segments or strategic partnerships to further solidify its industry leadership.
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