Formance
Blockchain Infrastructure · Financial Software & Embedded Finance
$27.6Mtotal raised · 2 rounds on record
3open roles
$21Mlatest round · Venture round · Jan 2025 · 21 mo ago
2backers · Y Combinator, Hoxton Ventures
Overview
Formance builds open-source financial infrastructure that lets companies model, orchestrate and reconcile complex money flows. Its ledger and payment orchestration engine is aimed at marketplaces, fintechs and platforms. The company is headquartered in Paris.
Funding and backers
Total raised
$27.6M
2 rounds on record
Latest round
$21M
Venture round · Jan 2025 · 21 mo ago
Team
51-200
employees, estimated range
Hiring now
6
+3 posted in 30 days
Backers
2
Y Combinator, Hoxton Ventures
The money's age
Due for its next round
21 months since the last round · and hiring
Momentum
20/100
hiring for its size
Last sign of life
this month
a posting or a news item
The story so fareach stage dated by its source: the company's releases, the press, registers, filings
Jan 29, 2025
Raised a round Venture round $21M · TechCrunch
Dec 12, 2023
Raised a round Venture round $6.6M · SEC Form D
Jun 2021
Went through Y Combinator
2021
Founded
Tractionpublic signals, read monthly
Web presence
top 0.56%
of 133.2M domains by links, Common Crawl
Hacker News stories
7
best: 9 points
Funding rounds
| Round | Date | Amount | Investors | Source |
|---|---|---|---|---|
| Venture round | Jan 2025 | $21M | — | TechCrunch |
| Venture round | Dec 2023 | $6.6M | — | SEC Form D |
Registers and programsofficial lists and records that name the company
| Legal entity | Formance, Inc. | SEC Form D |
Founders and leadersfrom filings, registers and the company's site
Anne-Sybille PradellesExecutive Officer, DirectorSEC Form D
Clement SalaunExecutive Officer, DirectorSEC Form D
Backed byfrom the funds' portfolios and accelerator catalogs
Investors in similar startupsfunds that back the companies most like this one
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Jobs
Apply
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≈ $75k – $172k per year (Estimated) · In office · Full-Time · Paris
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Salary insights
Compensation ranges based on this company's open jobs
Median
$300k
Typical range
$175k – $300k
Open positions
3
3
Jobs
Middle
100%
| Level | Jobs | Median | Typical range |
|---|---|---|---|
| Middle | 3 | $300k | $175k – $300k |
Highest paying role
Account Executive, Fintech
$300k
Normalized to USD per year
Growth
Hiring Momentum
55/100
Growing
Open positions
6
1 opened / 1 closed in 30 days
Median time-to-fill
84 days
faster than 14% of the market
ATS activity
Every ~4 hours
11/07/2026
Hiring Dynamics
+100%
Hiring Focus
The percentage next to each role is its share of the company's job openings over the last 90 days; the arrow shows the shift versus the previous period.
Solutions
60% ▲
HR
20% ▲
Sales
20% ▲
Activity Timeline
New location: Paris
Oct 2026
People
Anne-Sybille Pradelles
Executive Officer, Director
Clement Salaun
Executive Officer, Director
Helene Falchier
Director
Names and roles come from public filings, company registers and the company's own site. Is this you? Correct or remove · How we handle this data
Tech stack
Technologies named in job postings at Formance over the last 12 months, by layer, with the share of postings for each.
Technologies in use
4
Postings analysed
4
Stack modernity
90/100AI adopter
Languages
Go
Cloud & platforms
GitHub
Kubernetes
AI & ML
Claude
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Connections
List
Graph
Found in company registers, site code, DNS and hiring. Each connection shows how sure we are and the evidence, with its source and date.
Shared investors
Hoxton VenturesVia a fund
Y CombinatorVia a fund
6311 portfolio companies
Click a company to open it. Dashed lines are likely connections. The second step of the network is part of the Pro plan.
Owner
Same company
Same group
Likely
News
Report
Report
PayPal-Backed Formance Raises $21 Million to Grow Open-Source Ledger
Open-source financial infrastructure provider Formance raised $21 million to grow its Ledger and other solutions.
Read more
Report
Formance raises $21M to build the AWS for fintech infrastructure
A ledger is a record of money movements that serves as the source of truth for financial assets, but when a company starts having multiple bank accounts, payment processors, and funds spread across discrete services, it can become a headache to manage. Fr
Read more
Report
Formance raises $21M to build the AWS for fintech infrastructure
If you talk to a fintech entrepreneur about their business, chances are they'll end up talking about ledger issues at some point. A ledger is a record of
Read more
Report
The Color of Money: A Data Model Beyond Fungibility for Fintech Ledgers
Why classical fungibility breaks in fintech-and how the
Read more
Report
Funds Traceability in Digital Ledgers: Mapping Assets to Liabilities
See why classical double-entry can't trace specific funds-and how alternative models improve asset-liability mapping, backtracing, and auditability in fintech.
Read more
Report
Warehousing Promises: A New Ledger Semantics for Fintech
Why fintechs shouldn't issue promises-they should warehouse them. Learn how promise warehousing improves traceability, auditability, and customer protection post-Synapse.
Read more
Report
Temporal Queries on Third-Party Financial Data: An Execution Model
How to run point-in-time (temporal) queries on providers that don't support history natively-using observation, mutation logs, and an internal replicated data layer.
Read more
Report
Report
Offices
Where the company hires and what each office is for
Cities
2
Hiring now
2
Countries
2
Busiest office
Paris
Loading the map
Headquarters
Builds here
Office with open vacancies
Tap a pin for the office
Paris
France
HQ
1 open roles 1 posted in 90 days 10-50 est. staff
hires for Solutions
New York
United States
Sales office
5 open roles 4 posted in 90 days 50-200 est. staff $258k Avg Salary
hires for Sales, Solutions, HR