Formidium Revenue

Financial Services

Downers Grove, Illinois, United States

501-1000 Employees (View 554 on Prospeo)

Formidium revenue & valuation

Annual revenue	$12,500,000
Revenue per employee	$20,000
Estimated valuation?This valuation is estimated based on industry average for the Financial Services industry and current estimated revenues	$40,000,000
Total funding	$3,500,000

Overview Emails Format About Employees Insights Funding Tech Stack Trending Companies FAQ

Company overview

Headquarters	3025 Highland Pkwy, Suite 330, Downers Grove, Illinois 60515, US
Phone number	+16308283520
Website	formidium.com
NAICS	52
Keywords	Accounting, Family Office, Tax Services, Hedge Fund Administration, Private Equity Fund Administration, Compliance Services, Digital Assets, Fund Administration, Crypto Funds
Founded	2016
Employees	501-1000
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Formidium Email Formats

Formidium uses 2 email formats. The most common is {first name}.{last name} (e.g., john.doe@formidium.com), used 66.5% of the time.

Format	Example	Percentage
{first name}.{last name}	john.doe@formidium.com	66.5%
{first initial}.{last name}	j.doe@formidium.com	32.3%

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About Formidium

Formidium is a leading global fund administrator specializing in alternative investment funds. Our proprietary technology solutions deliver unparalleled flexibility to meet bespoke client needs, far surpassing standard off-the-shelf systems. We offer a comprehensive suite of services—including Net Asset Value (NAV) reporting, year-end tax and financial reporting, cross-currency and cryptocurrency integration, and full compliance support—to alternative investment funds worldwide. Our cloud-native, scalable SaaS platform enables automated workflows, real-time data access, and modular capabilities that support seamless growth. Since 2016, the firm has built a global presence with offices in the U.S., India, Canada, Singapore, UK and Hong Kong supporting over 650+ clients, over 1800+ entities, and managing $31B+ in assets under administration (AUA) across 25+ jurisdictions.

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Employees by Management Level

Total employees: 501-1000

Seniority

Employees

Manager

Senior

Entry

Employees by Department

Formidium has 131 employees across 14 departments.

Departments

Number of employees

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Funding Data

Explore Formidium's funding history, including investment rounds, total capital raised, and key backers.

Funding Date	Round	Amount	Link to Article
2021-12-18	20	$3,500,000

Funding Insights

$3,500,000

Total funding amount

$3,500,000

Most recent funding amount

Number of funding rounds

Formidium Tech Stack

Discover the technologies and tools that power Formidium's digital infrastructure, from frameworks to analytics platforms.

reCAPTCHA

Security

Amazon SES

Goober

JavaScript libraries

Cloudflare

CDN

Algolia

Search engines

jQuery

JavaScript libraries

HSTS

Security

Google Analytics

Analytics

YouTube

Video players

Bootstrap

UI frameworks

Amazon S3

CDN

Amazon Web Services

PaaS

See all 19 technologies

Frequently asked questions

Formidium is located in Downers Grove, Illinois, US.

You can reach Formidium at +16308283520.

Formidium generates an estimated annual revenue of $12,500,000. This revenue figure reflects the company's market position and business performance in its industry.

Formidium has an estimated valuation of $40,000,000. This valuation is calculated based on industry-standard revenue multiples and reflects the company's growth potential and market positioning.

Formidium was founded in 2016, making it 10 years old. The company has established itself as a significant player in its industry over this time.

Formidium has approximately 501-1000 employees. The company continues to grow its workforce to support its business operations and expansion.

Formidium has raised a total of $3,500,000 across 1 funding rounds. This investment has helped the company grow and expand its operations.

Key Contact at Formidium

Nitin Somani

CEO

Mobile @formidium.com

4.8

40,000 users