Fundraising Fox

Formula

Sun Valley, US · Founded 2015 · Delaware corporation

Founders & leadership

Board

DW
David W. McMackinBoard director
MG
Michael G. McMackinBoard director

Reported raises · per SEC filings

Form D private placements

$624.8K disclosed across 2 of 3 rounds · 2015–2022

▶$521.3KraisedJan 2023 · 8 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Joseph MasonExecutive Officer
  • Michael McMackinExecutive Officer, Director
  • David McMackinExecutive Officer, Director
  • Harold KelandDirector
  • Art PorthExecutive Officer
Offering amount
$10M
Amount sold
$521.3K
Minimum investment
$25K
Proceeds to insiders
$1M
First sale
Oct 2022
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$103.5KraisedOct 2019 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Michael McMackinExecutive Officer, Director
  • Harold KelandDirector
  • David McMackinExecutive Officer, Director
  • Art PorthExecutive Officer
  • Joe MasonExecutive Officer
Offering amount
$5M
Amount sold
$103.5K
Minimum investment
$25K
Proceeds to insiders
$583.2K
First sale
Sep 2019
Incorporated
Corporation, Delaware, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶Undisclosed amountofferedNov 2015 · 22 investors · Other Banking and Financial Services
Rule 506(b)
Officers, directors & promoters on the filing
  • Michael G. McMackinDirector
  • David W. McMackinDirector
Minimum investment
$10K
Finders' fees
$50K
Incorporated
Corporation, Delaware, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Frequently asked questions

How much funding has Formula raised?
Formula has disclosed $624.8K raised across 2 of its 3 known rounds.
Where is Formula headquartered?
Formula is headquartered in Sun Valley, US.