Fundz

Estonian Startup Formaloo Founded By Iranians Raises €2M For Its No-Code Collaboration Platform

PRIVATEJul 05, 2023

Amount Raised

€2 Million

Round Type

Seed

EstoniaSoftwareEnterprise SoftwareSaaS

Investors

Startup Wise GuysMana VenturesHyde Park Venture PartnersChange Ventures

Description

The no-code startup, which offers professional teams a collaboration platform for building business apps, has closed a seed round of €2 million in a round led by Change Ventures (which backed RecruitLab, Aerones, and Eurora). Other investors in the round include Hyde Park Venture Partners, Mana Ventures, and Startup Wise Guys.

Quick answer

Tallinn-based Formaloo raised €2 Million in a Seed round, dated July 5, 2023. Investors: Startup Wise Guys, Mana Ventures, Hyde Park Venture Partners and Change Ventures. Tallinn-based Formaloo is based in Estonia.

How much did Tallinn-based Formaloo raise?
Tallinn-based Formaloo raised €2 Million in a Seed round on July 5, 2023.
Who invested in Tallinn-based Formaloo?
Startup Wise Guys, Mana Ventures, Hyde Park Venture Partners and Change Ventures are named as investors in this round.
What does Tallinn-based Formaloo do?
Formaloo is a no-code collaboration platform that helps businesses create custom data-driven business applications and internal tools, automate their processes and engage their audience.
Where is Tallinn-based Formaloo based and how big is it?
Tallinn-based Formaloo is based in Estonia.
Who are the decision-makers at Tallinn-based Formaloo?
Fundz holds 1 contact at Tallinn-based Formaloo. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Enterprise Software and SaaS around the same time

Companies in the same sectors as Tallinn-based Formaloo that raised within 45 days of this round, from Fundz verified event records.

  • Tangram Flex, Inc. raised $2M (Seed) on August 11, 2023.
  • Tracer Labs raised $18M (Series A) on August 10, 2023.
  • Middleware raised $6.5M (Seed) on August 10, 2023.
  • Osano raised $25M (Series B) on August 10, 2023.
  • Tenant raised $25M (Seed) on August 8, 2023.
  • Orbee raised $10M on August 4, 2023.

Who to call at Tallinn-based Formaloo, and when

A new round usually means Tallinn-based Formaloo is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Tallinn-based Formaloo raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Tallinn-based Formaloo, from your own LinkedIn network

Works inside ChatGPT and Claude. Ask who to call at Tallinn-based Formaloo. With Fundz connected, it knows.

Watch Fundz in
See plan options
Trusted byOracleSnowflakeCloudflareLinkedInGoogleSalesforce 4.8/5 on G2

Company Information

Company

Tallinn-based Formaloo

Location

Estonia

About

Formaloo is a no-code collaboration platform that helps businesses create custom data-driven business applications and internal tools, automate their processes and engage their audience. Formaloo helps thousands of businesses every day to collect, organize and understand their data. Formaloo helps teams collaborate and go from idea to execution in no time. Formaloo provides drag-and-drop tools that enable businesses to develop software quickly without coding. Formaloo provides you with database infrastructure and drag-and-drop components to quickly assemble and design powerful applications and internal tools. Formaloo is built for business users, not just developers or data scientists. It's super simple to use and understand, you don't have to code, and best of all, it requires no data experts to operate it. You can even add Formaloo Customer Data Platform on top of your business apps. With Formaloo CDP you can Use your own data to analyze your customers, your business and even predict the future. Formaloo adds an AI-powered data expert to SMBs & SMEs so they can really understand their business and their customers and act on it to boost their Loyalty, LTV and CX.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Tallinn-based Formaloo raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Predictive Intelligence
Strategic

ML-powered predictions for Tallinn-based Formaloo's next move

See what Strategic adds

Tallinn-based Formaloo raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

5 screens from a live account. No signup.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.