Anne-Sybille Pradelles on LinkedIn: #fundraising #seriesa #fintech #opensource | 345 comments

Funding Rounds

Summary

We began our journey in 2021 with our Open Source Core Ledger, which has since become a foundational component for global companies such as Doctolib, Liberis, Booksy, and B.TECH. The idea and thesis we had back then was simple: a Core Ledger (i.e. a transactional database) is the common denominator of all sophisticated financial products. This has been successfully validated by our growing and diverse customer base, which has leveraged Formance products across industries and regions to express the unique logic and specificities of its business cases. This new funding will fuel Formances expansion across the US and Europe and accelerate our vision of building a full-scale platform for any company that moves money. A heartfelt thank you to our investors who believe in our vision and support our journey: Ashish Aggarwal, H\xe9l\xe8ne FALCHIER, Victoire de Lavigne, Dalton Caldwell, Aaron Epstein, Rob Kniaz, Payton Dobbs, Mathieu Viallard.

$ Funding

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Amount $21.0M Total raised
Date January 29, 2025 Announcement date
Investors - Lead investors
Company https://www.formance.com Funded company

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