# Formic AI funding: rounds and investors

> Formic AI has raised across 1 round since 2026. Investors include Drive Capital. Every round with its source.

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

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

# Who invested in *Formic AI*

One round we have observed, with the one investor 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.

Legaltech

Raised 10 months ago

Funding summary Updated 26 Oct 2026

**Undisclosed** raised across 1 round since 2026, from 1 source

- **Latest round:** Venture Jan 2026
- **Investors:** 1

See who backed them

## The rounds

- **Jan 2026** Venture **Amount undisclosed** [Drive Capital](https://millionrounds.com/fund/drive-capital) Source recorded

## Everyone who backed them

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

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

## Quick answers about Formic AI

### Who invested in Formic AI?

Formic AI's investors include Drive Capital.

### How much has Formic AI raised?

Formic AI has raised 1 round since 2026, none with a disclosed amount.

### When did Formic AI last raise?

Formic AI's most recent round was a Venture in Jan 2026.

### Who backed Formic AI first?

Formic AI's first round on record, in Jan 2026, was backed by Drive Capital.

### What stage is Formic AI at?

Formic AI's latest named round is a Venture, in Jan 2026.

### Where is Formic AI based?

Formic AI is based in Canada.

## Companies like Formic AI

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

[**Clio** $1.7B · Nov 2025](https://millionrounds.com/company/clio)[**Longeye** $25M · Oct 2026](https://millionrounds.com/company/longeye)[**Legora** $1.3B · Oct 2026](https://millionrounds.com/company/legora)[**Chariot Claims** $23M · Oct 2026](https://millionrounds.com/company/chariot-claims)[**Pandektes** $15M · Oct 2026](https://millionrounds.com/company/pandektes)[**Confido** $82M · Sept 2026](https://millionrounds.com/company/confido)

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