# forml funding: rounds and investors > forml has raised $3.5M across 2 rounds since 2024. Investors include Draper Associates and Boost VC. Every round with its source. Source: https://millionrounds.com/company/forml (Millionrounds; every figure on the page links to its filing or article) United States · [Seed startup](https://millionrounds.com/companies) # Who invested in *forml* 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. AI Raised 6 months ago Funding summary Updated 26 Oct 2026 **$3.5M** raised across 2 rounds since 2024, from 2 sources **$546K** Pre-seed **$3.0M** Seed - **Latest round:** Seed, $3.0M May 2026 - **Step-up i:** 5.5× - **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. 2025 2026 **$546K** Pre-seed **$3.0M** Seed - **First round:** Pre-seed, $546K - **Biggest round:** $3.0M - **Between rounds:** 2 years ## The rounds - **May 2026** Seed **$3.0M** *2 returning* [Draper Associates](https://millionrounds.com/fund/draper-associates) [Boost VC](https://millionrounds.com/fund/boost-vc) Source recorded SEC filing: $3.0M sold - **May 2024** Pre-seed **$546K** *2 new* [Draper Associates](https://millionrounds.com/fund/draper-associates) [Boost VC](https://millionrounds.com/fund/boost-vc) Source recorded SEC filing: $546K sold, first sale May 2024 ## Founders and team From forml's own website: 2 founders, 1 on the team. **Satchel Hirsh** Co-Founder & CEO **Shaine Hirsh** Co-Founder & CTO - **Harbor Ridge Bank** Early-warning board ## 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. **Pre-seed** 2024 **Seed** 2026 [Draper Associates](https://millionrounds.com/fund/draper-associates) [Boost VC](https://millionrounds.com/fund/boost-vc) ## Everyone who backed them [Draper Associates](https://millionrounds.com/fund/draper-associates) VC firm **2** rounds [Boost VC](https://millionrounds.com/fund/boost-vc) VC firm **2** rounds Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=forml). ## Also claim to have backed them This firm lists forml as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above. [NextGen Venture Partners](https://millionrounds.com/fund/nextgen-venture-partners) VC firm Per its own site ## Quick answers about forml ### Who invested in forml? forml's investors include Draper Associates and Boost VC. ### How much has forml raised? forml has raised $3.5M across 2 rounds since 2024. ### When did forml last raise? forml's most recent round was a Seed of $3.0M in May 2026. ### What was forml's biggest round? Its most recent round, $3.0M in May 2026, is also its largest on record. ### Who backed forml first? forml's first round on record, in May 2024, was backed by Draper Associates and Boost VC. ### What stage is forml at? forml's latest named round is a Seed, in May 2026. ### Where is forml based? forml is based in the United States. ## Companies like forml In the same sector, and raised in the last eighteen months. [**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Albert Invent** $20M · Oct 2026](https://millionrounds.com/company/albert-invent)[**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)[**Pika** $216M · Oct 2026](https://millionrounds.com/company/pika)[**Vertical Semiconductor** $84M · Oct 2026](https://millionrounds.com/company/vertical-semiconductor) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app