# Formant funding: rounds and investors

> Formant has raised $21M across 1 round since 2023. Investors include Intel Capital, SignalFire and Pelion Venture Partners. Every round with its source.

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

United States · [Series A startup](https://millionrounds.com/companies)

# Who invested in *Formant*

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.

Cloud

Funding summary Updated 26 Oct 2026

**$21M** raised across 1 round since 2023, from 1 source

- **Latest round:** Series A, $21M Oct 2023
- **Investors:** 4

See who backed them

## The rounds

- **Oct 2023** Series A **$21M** [Intel Capital](https://millionrounds.com/fund/intel-capital) [SignalFire](https://millionrounds.com/fund/signalfire) [Pelion Venture Partners](https://millionrounds.com/fund/pelion-venture-partners) [Picus Capital](https://millionrounds.com/fund/picus-capital) Source recorded SEC filing: $20M sold, first sale Sept 2023

## Founders and team

From Formant's own website: 1 founder, 2 on the team.

**Jeff Linnell** CEO | Founder

- **Henrik Bennetsen** Chief Business Officer
- **Maya Zuckerman** Chief Of Staff

## Everyone who backed them

[Intel Capital](https://millionrounds.com/fund/intel-capital) Corporate VC **1** round

[SignalFire](https://millionrounds.com/fund/signalfire) VC firm **1** round

[Pelion Venture Partners](https://millionrounds.com/fund/pelion-venture-partners) VC firm **1** round

[Picus Capital](https://millionrounds.com/fund/picus-capital) VC firm **1** round

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

## Also claim to have backed them

These 3 firms list Formant as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[BMW i Ventures](https://millionrounds.com/fund/bmw-i-ventures) Corporate VC Per its own site

[Thursday Ventures](https://millionrounds.com/fund/thursday-ventures) VC firm Per its own site

[Holman Growth Ventures](https://millionrounds.com/fund/holman-growth-ventures) Corporate VC Per its own site

## Quick answers about Formant

### Who invested in Formant?

Formant's investors include Intel Capital, SignalFire, Pelion Venture Partners and Picus Capital.

### How much has Formant raised?

Formant has raised $21M across 1 round since 2023.

### When did Formant last raise?

Formant's most recent round was a Series A of $21M in Oct 2023.

### What was Formant's biggest round?

Its most recent round, $21M in Oct 2023, is also its largest on record.

### Who backed Formant first?

Formant's first round on record, in Oct 2023, was backed by Intel Capital, SignalFire and Pelion Venture Partners and 1 others.

### What stage is Formant at?

Formant's latest named round is a Series A, in Oct 2023.

### Where is Formant based?

Formant is based in the United States.

## Companies like Formant

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

[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**Blacksmith** $131M · Oct 2026](https://millionrounds.com/company/blacksmith)[**Tasklet** $13M · Oct 2026](https://millionrounds.com/company/tasklet)[**VEIR** $185M · Oct 2026](https://millionrounds.com/company/veir)[**Namespace** $42M · Oct 2026](https://millionrounds.com/company/namespace)[**Lambda** $6.8B · Oct 2026](https://millionrounds.com/company/lambda)

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