# Formulary Financial funding: rounds and investors

> Formulary Financial has raised $4.6M across 1 round since 2026. Investors include Alumni Ventures, Khosla Ventures and Serena. Every round with its source.

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

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

# Who invested in *Formulary Financial*

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.

Professional Services

Raised 10 months ago

Funding summary Updated 26 Oct 2026

**$4.6M** raised across 1 round since 2026, from 1 source

- **Latest round:** Seed, $4.6M Jan 2026
- **Investors:** 5

See who backed them

## The rounds

- **Jan 2026** Seed **$4.6M** [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) [Serena](https://millionrounds.com/fund/serena) [Company Ventures](https://millionrounds.com/fund/ag-ventures) [Human Ventures](https://millionrounds.com/fund/human-ventures) Source recorded

## Founders and team

From Formulary Financial's own website: 1 founder, 2 on the team.

**Alfia Ilicheva** Founder & CEO

- **Bryan Skelton** Chief Controller
- **Rick Pianka** Chief Technology Officer

Advisers *Chris Colborn* *Dr. David Ferrucci*

## Everyone who backed them

[Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) VC firm **1** round

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

[Serena](https://millionrounds.com/fund/serena) VC firm **1** round

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

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

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

## Quick answers about Formulary Financial

### Who invested in Formulary Financial?

Formulary Financial's investors include Alumni Ventures, Khosla Ventures, Serena, Company Ventures and Human Ventures.

### How much has Formulary Financial raised?

Formulary Financial has raised $4.6M across 1 round since 2026.

### When did Formulary Financial last raise?

Formulary Financial's most recent round was a Seed of $4.6M in Jan 2026.

### What was Formulary Financial's biggest round?

Its most recent round, $4.6M in Jan 2026, is also its largest on record.

### Who backed Formulary Financial first?

Formulary Financial's first round on record, in Jan 2026, was backed by Alumni Ventures, Khosla Ventures and Serena and 2 others.

### What stage is Formulary Financial at?

Formulary Financial's latest named round is a Seed, in Jan 2026.

### Where is Formulary Financial based?

Formulary Financial is based in the United States.

## Companies like Formulary Financial

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

[**Gradient** $24M · Oct 2026](https://millionrounds.com/company/gradient)[**Qualitate** $32M · Oct 2026](https://millionrounds.com/company/qualitate)[**Platform Accounting Group** $355M · Oct 2026](https://millionrounds.com/company/platform-accounting-group)[**Remitian** $27M · Oct 2026](https://millionrounds.com/company/remitian)[**Fortastra** $38M · Oct 2026](https://millionrounds.com/company/fortastra)[**Confido** $82M · Sept 2026](https://millionrounds.com/company/confido)

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