Formulate
ExitedData analytics for retailers
Formulate has raised €5.4M across 3 funding rounds from 5 investors, most recently a Seed round in Jan 2020. Based in Stockholm, Sweden; active in Software and AI. Acquired by Kainos Group in 2019. Data as of 4 Nov 2026.
Stockholm, Swedenwww.formulate.se ↗
Total raised
€5.4M
€5,352,490
Funding rounds
3
Investors
5
distinct backers
Active since
2017-06
latest 2020-01
Funding by year
EUR raised per yearFormulate — funding by year — interactive chart.
Data table
| Formulate — funding by year | |
|---|---|
| 2017 | €510k |
| 2018 | €1.1M |
| 2019 | €3.7M |
Funding rounds
3 rounds| Date | Stage | Amount | Investors | |
|---|---|---|---|---|
| 2020-01-01 | Seed | €3.7M | HENQ Invest | View deal → |
| 2018-08-23 | Other | €1.1M | Industrifonden | View deal → |
| 2017-06-08 | Other | €510k | Bo Mattsson,DHS Venture Partners,Per Uebel | View deal → |
Exit
Type
acquisition
Date
Jun 2019
Value
—
Acquiror
Kainos Group (Ireland)