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Formally logo — AI-powered cloud collaboration for legal workflows

Formally

AI-powered cloud collaboration for legal workflows

Founded 2022 United States Redwood City, United States 11 employees Pre-Seed Total: $2.30M AI, Legal Tech

General Information

Company Name Formally
Founded Year 2022
Location United States Redwood City, United States
Employees 11
Industries AI, Legal Tech
Funding Stage Pre-Seed
Business Model SaaS, Platform, B2B2C
Revenue Model Subscription, Tiered Pricing, Usage Based
Social

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About Formally

Formally is making strides in the AI and Legal Tech industries. With a focus on democratizing legal processes, the company's platform revolutionizes legal workflows through AI-powered cloud collaboration. Founded in 2022 and headquartered in the United States, Formally's pioneering product targets the complexities of the US immigration system, offering a streamlined experience for employers, employees, and law firms.

Backed by a notable Pre Seed Round investment of $2.30M on 16 May 2022, Formally has garnered support from prominent investors including BBG Ventures, Bessemer Venture Partners, Graph Ventures, Ulu Ventures, Unshackled Ventures, Dorm Room Fund, and Kiwi Camara. These strategic alliances underscore investor confidence in Formally's vision to extend its innovative approach across the legal spectrum.

By leveraging advanced AI alongside behavioral psychology and secure data, Formally stands poised to not only enhance legal accessibility but also empower lawyers to prioritize significant challenges over administrative tasks. This sets a promising stage for future growth and scalability.

Taxonomy: AI-powered legal processes, Cloud collaboration, Legal workflow automation, US immigration, Accessible design, Intelligent technology, Legal collaboration platform, Secure portable data, Behavioral psychology in legal processes, Access to justice, Simplified legal processes, Employer-employee legal assistance, Future of legal collaboration, Law firm support

Services & Products

AI-powered legal solutions
Automated form preparation
Document extraction and validation
Real-time status tracking
Secure client portal

Target Customers

Law firms Corporate legal teams In-house legal departments

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Pre Seed Round $2.30M 7
BBG Ventures Bessemer Venture Partners Graph Ventures
BBG Ventures, Bessemer Venture Partners +5
16 May 2022
Seed Round Undisclosed 1
Sebastien de Halleux
09 Nov 2021

Formally Alternatives & Competitors

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Formally vs
Awesome Compliance
Awesome Compliance The Netherlands

Agentic AI for Privacy Professionals

Seed
11 employees
AI, Legal Tech
Formally vs
Casetext, Part of Thomson Reuters
Casetext, Part of Thomson Reuters United States

AI for the law, done right.

Series C
35 employees
AI, Legal Tech
Formally vs
EvenUp
EvenUp United States

Proactive Personal Injury AI from Intake to Resolution

Series E
834 employees
AI, Fintech
View all alternatives

FAQ About Formally

AI-powered cloud collaboration for legal workflows
Formally was founded in 2022.
Formally is headquartered in Redwood City, United States.
Formally operates in AI and Legal Tech. Its work centres on AI-powered legal processes, Cloud collaboration, Legal workflow automation and US immigration. Its customers include Law firms, Corporate legal teams and In-house legal departments.
Formally has a SaaS, Platform and B2B2C business model. Its revenue comes from Subscription, Tiered Pricing and Usage Based.
Formally has approximately 11 employees.
Formally has completed 2 funding rounds, raising a total of $2.30M. The latest funding stage is Pre-Seed.
Formally offers: AI-powered legal solutions, Automated form preparation, Document extraction and validation, Real-time status tracking, Secure client portal.
Top alternatives and competitors to Formally include Awesome Compliance, Casetext, Part of Thomson Reuters, EvenUp, Jimini AI, William AI. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Formally and Awesome Compliance are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Formally, https://bouncewatch.com/company/formally, updated 23 July 2026. When citing, please name BounceWatch and link this page.

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