# Formaloo funding: rounds and investors

> Formaloo has raised $2.3M across 1 round since 2023. Investors include Startup Wise Guys, Expert Dojo and Mana Ventures. Every round with its source.

Source: https://millionrounds.com/company/formaloo (Millionrounds; every figure on the page links to its filing or article)

Estonia · [Seed startup](https://millionrounds.com/companies)

# Who invested in *Formaloo*

One round we have observed, with the 4 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

B2B

Funding summary Updated 26 Oct 2026

**$2.3M** raised across 1 round since 2023, from 1 source

- **Latest round:** Seed, $2.3M Jul 2023
- **Investors:** 4

See who backed them

## The rounds

- **Jul 2023** Seed **$2.3M** [Startup Wise Guys](https://millionrounds.com/fund/startup-wise-guys) [Expert Dojo](https://millionrounds.com/fund/expert-dojo) [Mana Ventures](https://millionrounds.com/fund/mana-ventures) [Change Ventures](https://millionrounds.com/fund/change-ventures) Source recorded

## Founders and team

From Formaloo's own website: 3 founders, 3 on the team.

**Farokh Shahabi** Co-founder & CEO

**Hasan Noori** Co-founder and CTO

**Noosh Baratpour** Co-founder and CMO

- **Tequila Albus Fang** Chief happiness officer
- **Anano Ghibradze** Communications Manager
- **Marjan Hosseini** Product Designer

## Everyone who backed them

[Startup Wise Guys](https://millionrounds.com/fund/startup-wise-guys) Accelerator **1** round

[Expert Dojo](https://millionrounds.com/fund/expert-dojo) Accelerator **1** round

[Mana Ventures](https://millionrounds.com/fund/mana-ventures) VC firm **1** round

[Change Ventures](https://millionrounds.com/fund/change-ventures) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=formaloo).

## Also claim to have backed them

This firm lists Formaloo as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Hyde Park Venture Partners](https://millionrounds.com/fund/hyde-park-venture-partners) VC firm Per its own site

## Quick answers about Formaloo

### Who invested in Formaloo?

Formaloo's investors include Startup Wise Guys, Expert Dojo, Mana Ventures and Change Ventures.

### How much has Formaloo raised?

Formaloo has raised $2.3M across 1 round since 2023.

### When did Formaloo last raise?

Formaloo's most recent round was a Seed of $2.3M in Jul 2023.

### What was Formaloo's biggest round?

Its most recent round, $2.3M in Jul 2023, is also its largest on record.

### Who backed Formaloo first?

Formaloo's first round on record, in Jul 2023, was backed by Startup Wise Guys, Expert Dojo and Mana Ventures and 1 others.

### What stage is Formaloo at?

Formaloo's latest named round is a Seed, in Jul 2023.

### Where is Formaloo based?

Formaloo is based in Estonia.

## Companies like Formaloo

In the same sector, and raised in the last eighteen months.

[**FleetFox** $939K · Oct 2025](https://millionrounds.com/company/fleetfox)[**Cryptoswift** $600K · Jul 2025](https://millionrounds.com/company/cryptoswift)[**ZeroW** $417K · Oct 2026](https://millionrounds.com/company/zerow)[**MURAL** $67M · Oct 2026](https://millionrounds.com/company/mural)[**Different** $48M · Oct 2026](https://millionrounds.com/company/different)[**Blackwall** $162M · Oct 2026](https://millionrounds.com/company/blackwall)

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