Fundraising FoxFormula
Sun Valley, US · Founded 2015 · Delaware corporation
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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 TechnologyRule 506(b)
▶$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
▶$103.5KraisedOct 2019 · 1 investors · Other TechnologyRule 506(b)
▶$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
▶Undisclosed amountofferedNov 2015 · 22 investors · Other Banking and Financial ServicesRule 506(b)
▶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
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.