Insights

Global Expansion Formidium has recently expanded its offices to India, indicating a growing presence in key international markets. This expansion provides an opportunity for sales development representatives to explore partnership and client acquisition opportunities in the Indian financial services sector.

New Product Launches With recent launches such as 'Finalytic' and 'Universe,' Formidium is showcasing its commitment to innovation and providing comprehensive client revenue management solutions. Sales development representatives can capitalize on these new products to engage with clients looking to enhance their financial operations and explore potential upselling opportunities.

Specialized Solutions Formidium offers specialized fund administration solutions tailored for today's financial landscape. This niche approach presents a sales opportunity for business development professionals to target clients seeking advanced technology-driven fund services and streamline their operations effectively.

Tech-Driven Platform Formidium's data-driven platform integrates advanced technology with trusted knowledge to simplify financial complexities. Sales development representatives can leverage the platform's tech stack, including Jenkins, React, and Cloudflare Bot Management, to demonstrate the company's commitment to cutting-edge solutions and attract tech-savvy clients.

Experienced Leadership With the recent appointment of Mandar N. Mhatre as the Global Chief Revenue Officer, Formidium has strengthened its leadership team with seasoned expertise. Business development professionals can utilize this key personnel's industry knowledge and network to forge strategic partnerships and drive revenue growth initiatives.

Formidium Tech Stack

Formidium uses 8 technology products and services including Jenkins, HubSpot Cookie Policy Banner, React, and more. Explore Formidium's tech stack below.

  • Jenkins
    Continuous Integration
  • HubSpot Cookie Policy Banner
    Cookie Compliance
  • React
    Javascript Frameworks
  • HubSpot
    Marketing Automation
  • Open Graph
    Miscellaneous
  • Cloudflare Bot Management
    Security
  • reCAPTCHA
    Security
  • HSTS
    Security

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 633 Rogers St Suite 106 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 LinkedIn.

How much revenue does Formidium generate?

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As of July 2024, Formidium's annual revenue reached $300M.

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 July 2024, Formidium has approximately 736 employees across 3 continents, including AsiaNorth AmericaEurope. Key team members include Chief Revenue Officer Cro: M. M.Chief Marketing Officer: J. W. M.Chief Technology Officer: R. K.. 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 JenkinsHubSpot Cookie Policy BannerReactHubSpotOpen GraphCloudflare Bot ManagementreCAPTCHAHSTS.

What is Formidium's email format?

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Formidium's email format typically follows the pattern of . Find more Formidium email formats with LeadIQ.

How much funding has Formidium raised to date?

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As of July 2024, 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

Formidium

Financial ServicesIllinois, United States501-1000 Employees

At Formidium, we're redefining fund administration for the modern era. We empower fund managers of all asset classes with accuracy and efficiency. 

Our deep expertise in accounting and fund services fuels our data-driven platform, seamlessly integrating advanced technology with trusted knowledge to simplify financial complexities and support the growth of our clients' ambitions.

We don't just adapt to market dynamics; we set the pace, delivering exceptional service beyond expectation to ensure peace of mind. Our commitment to client partnership is unwavering — with support tailored to their unique challenges. 

Formidium provides specialized fund administration solutions designed for today’s financial landscape. We are a global leader in Investment Fund Administration Solutions & Technology by incorporating our proprietary Fund Accounting and Investors Services platforms, reducing complexity and enhancing fund operation scalability. To date, we are responsible for $28B AUA across 1,267 funds of all asset classes for nearly 500 clients around the world.

Headquartered in Chicago, we are a global firm across the U.S., India, Singapore, and Canada. We offer technologies like Seamless Investment Backoffice software for accurate fund accounting and CommonSubDoc for streamlined investor onboarding. We have created Alts Marketplace, a growing network of high-net-worth individuals, Family Offices, and Institutional Allocators to access alternative investments. 

With over 2 million hours of research and development and a team of more than 700 tech and accounting experts worldwide, our operations are confirmed by SOC 1, SOC 2, and SOC 3 audits, and we are ISO27001 certified. We have jurisdiction in over 20 countries.

Section iconCompany Overview

Headquarters
633 Rogers St Suite 106 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$1B

    Formidium's revenue is in the range of $100M$1B

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$1B

    Formidium's revenue is in the range of $100M$1B

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