# Formative funding: rounds and investors

> Formative has raised $70M across 1 round since 2021. Investors include Summit Partners, MaC Venture Capital and Fika Ventures. Every round with its source.

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

[Growth startup](https://millionrounds.com/companies)

# Who invested in *Formative*

One round we have observed, with the 3 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.

Big Data & Analytics

Funding summary Updated 26 Oct 2026

**$70M** raised across 1 round since 2021, from 1 source

- **Latest round:** Growth, $70M Jun 2021
- **Investors:** 3

See who backed them

## The rounds

- **Jun 2021** Growth **$70M** [Summit Partners](https://millionrounds.com/fund/summit-partners) [MaC Venture Capital](https://millionrounds.com/fund/mac-venture-capital) [Fika Ventures](https://millionrounds.com/fund/fika-ventures) Source recorded

## Everyone who backed them

[Summit Partners](https://millionrounds.com/fund/summit-partners) Private equity **1** round

[MaC Venture Capital](https://millionrounds.com/fund/mac-venture-capital) VC firm **1** round

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

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

## Quick answers about Formative

### Who invested in Formative?

Formative's investors include Summit Partners, MaC Venture Capital and Fika Ventures.

### How much has Formative raised?

Formative has raised $70M across 1 round since 2021.

### When did Formative last raise?

Formative's most recent round was a Growth of $70M in Jun 2021.

### What was Formative's biggest round?

Its most recent round, $70M in Jun 2021, is also its largest on record.

### Who backed Formative first?

Formative's first round on record, in Jun 2021, was backed by Summit Partners, MaC Venture Capital and Fika Ventures.

### What stage is Formative at?

Formative's latest named round is a Growth, in Jun 2021.

## Companies like Formative

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

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