Formaloo is a technology company.
Formaloo has raised $2.2M across 2 funding rounds.
Formaloo has raised $2.2M in total across 2 funding rounds.
Formaloo is a no-code platform that enables businesses to build forms, surveys, quizzes, dashboards, CRMs, customer portals, and AI-powered apps without coding. It serves over 30,000 businesses, including Fortune 500 companies, startups, unicorns, and enterprises across sectors like SaaS, e-commerce, education, healthcare, and remote teams, solving problems in customer engagement, data collection, workflow automation, and product research by providing drag-and-drop tools, relational databases, AI analytics, and secure internal tools.[3][4][5] Key growth momentum includes daily use by 25,000+ businesses, enterprise features like self-hosted deployments compliant with GDPR and HIPAA, and advanced AI capabilities such as the Product Research Suite that automates market analysis previously costing tens of thousands and taking months.[1][2][3]
Formaloo emerged as a versatile no-code form builder, evolving into a comprehensive Work OS and AI-powered platform, though specific founding year and founders are not detailed in available sources. Its backstory highlights rapid iteration: starting with easy form creation "as simple as Canva for images," it expanded to include relational databases, custom apps, and AI integrations, gaining traction with 25,000+ daily users and Fortune 500 adoption.[3][5] Pivotal moments include the launch of Formaloo 3.0 as a "next-generation no-code workspace" with drag-and-drop building blocks, data analytics, and the AI Product Research Suite tailored for tech companies, enabling simulated user testing and competitor analysis.[1][5]
Formaloo rides the no-code/low-code revolution and AI democratization trends, enabling non-technical users to create enterprise-grade apps amid rising demand for agile digital workspaces post-remote work boom. Timing aligns with businesses seeking cost-effective alternatives to custom development, especially as AI tools like chatbots and analytics reduce research timelines from months to instant reports.[1][5] Market forces favoring it include no-code market growth (projected to hit billions), data privacy regulations driving self-hosted needs, and tech firms' push for embedded AI in products—Formaloo influences the ecosystem by empowering startups and unicorns to turn customers into virtual focus groups, accelerating innovation in SaaS, e-commerce, and beyond.[1][2][4]
Formaloo is poised to expand as the go-to no-code AI platform, potentially integrating deeper generative AI, multimodal data training, and industry-specific suites beyond tech. Trends like edge AI for self-hosted security and hyper-personalized customer tools will shape its path, evolving its influence from form builder to full business OS for global enterprises. This positions Formaloo to capture more of the exploding no-code market, building on its momentum with 30,000+ users to redefine accessible AI-driven operations.[3][5]
Formaloo has raised $2.2M in total across 2 funding rounds.
Formaloo's investors include Change Ventures, gener8tor, Hyde Park Venture Partners, Interplay Ventures, KRM Interests LLC, Andrius Slimas, Artis Kehris, Expert Dojo.
Formaloo has raised $2.2M across 2 funding rounds. Most recently, it raised $2.0M Seed in July 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jul 1, 2023 | $2.0M Seed | Change Ventures, gener8tor, Hyde Park Venture Partners, Interplay Ventures, KRM Interests LLC, Andrius Slimas, Artis Kehris | |
| Dec 1, 2020 | $180K Seed | Expert Dojo |