Insights

Strong Industry Recognition Formidium has been awarded the Best Administrator: Client Service for Emerging Managers at the HFM US Services Awards 2025, highlighting its reputation for superior client service and positioning it as a trusted partner in the alternative investment sector.

Global Expansion The company is actively expanding its geographic footprint with new offices in the Middle East, Europe, and the Cayman Islands in 2025, presenting opportunities to offer localized technology solutions and tailored support services.

Innovative Technology Offerings Formidium's launch of CryptoTax360 and the Crypto Backoffice platform showcases its focus on digital assets and Web3 technologies, creating avenues to provide advanced compliance, tax, and back-office solutions for clients involved in cryptocurrency markets.

Large Client Base Managing assets over $31 billion for more than 650 clients across 25 jurisdictions indicates significant potential for upselling and deepening relationships by offering additional modular SaaS capabilities and compliance services.

Financial Stability With revenues reaching up to $250 million and recent investments of $3.5 million, Formidium demonstrates solid financial health and growth potential, making it a compelling partner for enterprise-level fund administration and technology solutions.

Similar companies to Formidium

Formidium Tech Stack

Formidium uses 8 technology products and services including Microsoft Excel, Font Awesome, Next.js, and more. Explore Formidium's tech stack below.

  • Microsoft Excel
    Editors
  • Font Awesome
    Font Scripts
  • Next.js
    Javascript Frameworks
  • Microsoft
    Miscellaneous
  • HTML
    Programming Languages
  • OWASP
    Security
  • Tailwind CSS
    UI Frameworks
  • X-Content-Type-Options
    Web & Portal Technology

Media & News

Formidium's Email Address Formats

Formidium uses at least 1 format(s):
Formidium Email FormatsExamplePercentage
First.Last@formidium.comJohn.Doe@formidium.com
50%
First.Last@formidium.comJohn.Doe@formidium.com
50%

Frequently Asked Questions

Where is Formidium's headquarters located?

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Formidium's main headquarters is located at 3025 Highland Pkwy, Suite 330 Downers Grove, Illinois 60515, US. The company has employees across 3 continents, including AsiaNorth AmericaEurope.

What is Formidium's official website and social media links?

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Formidium's official website is formidium.com and has social profiles on LinkedInCrunchbase.

What is Formidium's NAICS code?

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Formidium's NAICS code is 52 - Finance and Insurance.

How many employees does Formidium have currently?

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As of October 2025, Formidium has approximately 638 employees across 3 continents, including AsiaNorth AmericaEurope. Key team members include Chief Revenue Officer (cro): M. M.Vice President Human Resources: V. D.Vice President Of Technology: P. D.. Explore Formidium's employee directory with LeadIQ.

What industry does Formidium belong to?

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Formidium operates in the Financial Services industry.

What technology does Formidium use?

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Formidium's tech stack includes Microsoft ExcelFont AwesomeNext.jsMicrosoftHTMLOWASPTailwind CSSX-Content-Type-Options.

What is Formidium's email format?

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Formidium's email format typically follows the pattern of First.Last@formidium.com. Find more Formidium email formats with LeadIQ.

How much funding has Formidium raised to date?

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As of October 2025, Formidium has raised $3.5M in funding. The last funding round occurred on Nov 18, 2021 for $3.5M.

When was Formidium founded?

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Formidium was founded in 2016.

Formidium

Financial ServicesUnited States501-1000 Employees

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.

Section iconCompany Overview

Headquarters
3025 Highland Pkwy, Suite 330 Downers Grove, Illinois 60515, US
NAICS Code
52 - Finance and Insurance
Founded
2016
Employees
501-1000

Section iconFunding & Financials

  • $3.5M

    Formidium has raised a total of $3.5M of funding over 2 rounds. Their latest funding round was raised on Nov 18, 2021 in the amount of $3.5M.

  • $100M$250M

    Formidium's revenue is estimated to be in the range of $100M$250M

Section iconFunding & Financials

  • $3.5M

    Formidium has raised a total of $3.5M of funding over 2 rounds. Their latest funding round was raised on Nov 18, 2021 in the amount of $3.5M.

  • $100M$250M

    Formidium's revenue is estimated to be in the range of $100M$250M

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