United States · 
Who invested in Formic?
Formic's investors include Mercato Partners, Citibank, S2G Investments, Light Ray Ventures and Lightscape Partners. Mercato Partners led its latest round.
United States · Series B startup
Who invested in Formic
One round we have observed, with the 5 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.
Raised this month
Funding summaryUpdated 26 Oct 2026
$50Mraised across 1 round since 2026, from 2 sources
- Latest round
- Series B, $50MOct 2026
- Led by
- Mercato Partners
- Investors
- 5 (1 led)
The rounds
- Oct 2026Series B$50M
Reported by Google News search and 1 other
Everyone who backed them
Missing a round, or an investor who was in one? Tell us.
Also claim to have backed them
These 9 firms list Formic 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.
Quick answers about Formic
How much has Formic raised?
Formic has raised $50M across 1 round since 2026.
When did Formic last raise?
Formic's most recent round was a Series B of $50M in Oct 2026, led by Mercato Partners.
What was Formic's biggest round?
Its most recent round, $50M in Oct 2026, is also its largest on record.
Who backed Formic first?
Formic's first round on record, in Oct 2026, was backed by Mercato Partners, Citibank and S2G Investments and 2 others.
What stage is Formic at?
Formic's latest named round is a Series B, in Oct 2026.
Where is Formic based?
Formic is based in the United States.
Who led Formic's rounds?
Mercato Partners led the Series B in 2026.
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