Who are Formic's investors?

Formic's investors include Blackhorn Ventures, Lux Capital, S2G Investments, Treefrog, Alumni Ventures, FJ Labs, Initialized Capital, Lorimer Ventures and 2 more.

How much funding has Formic raised?

Formic has disclosed $27.4M raised across 1 of its 2 known rounds.

Formic

11 known investors

Find your way into Formic

Your email: who you already know at Formic, and who your contacts know
2nd- and 3rd-degree connections: people you know who worked, studied or invested with the Formic team
Your LinkedIn: the connections who can make the intro for you

We rank every route by how warm it is, so you raise on warm intros instead of cold emails.

Formic builds enterprise AI for regulated industries such as legal, federal regulation, and defence, using a neuro-symbolic deterministic retrieval architecture that returns answers sourced from an organisation's own documents with citations traceable to the exact source page. It offers hallucination-free responses, sub-90-second retrieval at scale, lower per-query cost, and on-premise or on-device deployment for data sovereignty.

AI & Machine Learning Enterprise Software LegalTech

Investors · 11

Blackhorn Ventureslisted by Blackhorn VenturesDenver · $500K

How we know: Blackhorn Ventures's portfolio page · funding news · abfjournal.com · Not right? Tell us

Lux Capitallisted by Lux CapitalNew York · $100K – $100M

How we know: Lux Capital's portfolio page · funding news · abfjournal.com · Not right? Tell us

S2G Investmentslisted by S2G InvestmentsChicago · $1M – $5M

How we know: S2G Investments's portfolio page · Not right? Tell us

Treefroglisted by TreefrogNewmarket

Alumni VenturesreportedManchester · $100K – $10M

How we know: funding news · abfjournal.com · Not right? Tell us

FJ LabsreportedNew York · $100K – $3M

How we know: funding news · abfjournal.com · Not right? Tell us

Initialized CapitalreportedSan Francisco · $1M – $5M

How we know: funding news · abfjournal.com · Not right? Tell us

Lorimer VenturesreportedBrooklyn · $50K – $300K

How we know: funding news · abfjournal.com · Not right? Tell us

NECreported

How we know: funding news · abfjournal.com · Not right? Tell us

TransLink CapitalreportedPalo Alto · $1M – $5M

How we know: funding news · abfjournal.com · Not right? Tell us

Also in the syndicate · 1

Mitsubishi HC Capital America

Funding

SEC filings, press & company announcements

$27.4M disclosed across 1 of 2 rounds · 2024

$27.4MSeries AJun 2024 · 2 sources
Blackhorn Ventures (lead), Alumni Ventures, FJ Labs, Initialized Capital, Lorimer Ventures, Lux Capital, Mitsubishi HC Capital America, NEC, Translink Capital
Source ↗

Source: company announcements and press reports — follow each round's link for the claim.

Frequently asked questions

What does Formic do?: Formic builds enterprise AI for regulated industries such as legal, federal regulation, and defence, using a neuro-symbolic deterministic retrieval architecture that returns answers sourced from an organisation's own documents with citations traceable to the exact source page. It offers hallucination-free responses, sub-90-second retrieval at scale, lower per-query cost, and on-premise or on-device deployment for data sovereignty.
Who are Formic's investors?: Formic's investors include Blackhorn Ventures, Lux Capital, S2G Investments, Treefrog, Alumni Ventures, FJ Labs, Initialized Capital, Lorimer Ventures and 2 more.
How much funding has Formic raised?: Formic has disclosed $27.4M raised across 1 of its 2 known rounds.