Formance
Seedtable Score
44
Startups
2
Founding Rounds
2
Investors
$6.7m
Money raised
Overview
Formance, based in Paris, has strong potential due to its open-source ledger designed for money-moving platforms. Operating on a B2B SaaS model, Formance offers advantages over traditional accounting systems by enhancing transparency and minimizing transaction errors. Its open-source nature allows for flexibility and customization, meeting diverse financial platform needs more effectively. With backing from notable investors and a focus on efficiency and transparency, Formance is well-positioned to disrupt the market.
- Website: https://formance.com
- Business model: b2b, saas
- Company size: 1 - 11 employees
- Headquarters: Paris, France
- Founded: 2021
- Social accounts: Twitter Linkedin