# Formarum funding: rounds and investors

> Formarum has raised $254K across 2 rounds since 2014. Investors include Ontario Centres of Excellence and 43North. Every round with its source.

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

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

# Who invested in *Formarum*

2 rounds we have observed, with the 2 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

B2C

Funding summary Updated 26 Oct 2026

**$254K** raised across 2 rounds since 2014, from 2 sources

**$104K** Crowdfunding **$150K** Seed

- **Latest round:** Seed, $150K Dec 2017
- **Step-up i:** 1.4×
- **Investors:** 2

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2015 2016 2017

**$104K** Crowdfunding

**$150K** Seed

- **First round:** Crowdfunding, $104K
- **Biggest round:** $150K
- **Between rounds:** 3.7 years

## The rounds

- **Dec 2017** Seed **$150K** *2 new* [Ontario Centres of Excellence](https://millionrounds.com/fund/ontario-centres-of-excellence) [43North](https://millionrounds.com/fund/43north) Source recorded
- **Apr 2014** Crowdfunding **$104K** No investor was named in the report. From a historical funding record

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Crowdfunding** 2014 **Seed** 2017 [Ontario Centres of Excellence](https://millionrounds.com/fund/ontario-centres-of-excellence) [43North](https://millionrounds.com/fund/43north)

## Everyone who backed them

[Ontario Centres of Excellence](https://millionrounds.com/fund/ontario-centres-of-excellence) VC firm **1** round

[43North](https://millionrounds.com/fund/43north) Accelerator **1** round

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

## Quick answers about Formarum

### Who invested in Formarum?

Formarum's investors include Ontario Centres of Excellence and 43North.

### How much has Formarum raised?

Formarum has raised $254K across 2 rounds since 2014.

### When did Formarum last raise?

Formarum's most recent round was a Seed of $150K in Dec 2017.

### What was Formarum's biggest round?

Its most recent round, $150K in Dec 2017, is also its largest on record.

### Who backed Formarum first?

Formarum's first round on record, in Dec 2017, was backed by Ontario Centres of Excellence and 43North.

### What stage is Formarum at?

Formarum's latest named round is a Seed, in Dec 2017.

### Where is Formarum based?

Formarum is based in Canada.

## Companies like Formarum

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

[**The Wellness Company** $1.2M · Sept 2026](https://millionrounds.com/company/the-wellness-company)[**Inverite Insights** $604K · Sept 2025](https://millionrounds.com/company/inverite-insights)[**Synaptive Medical** $3.0M · Jul 2025](https://millionrounds.com/company/synaptive-medical)[**Nirva** $25M · Oct 2026](https://millionrounds.com/company/nirva)[**Onto** $125M · Oct 2026](https://millionrounds.com/company/onto)[**Dan-O's Seasoning** $25M · Oct 2026](https://millionrounds.com/company/dan-o-s-seasoning)

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