At a Glance
| Detail | Formalize | Text IQ |
|---|---|---|
| Category | Compliance & Privacy | Compliance & Privacy |
| Total raised | Not disclosed | $12.6M |
| Rounds tracked | Not disclosed | 1 |
| Latest round | Not disclosed | Series A, $12.6M · Jun 2019 |
| Last valuation | Not disclosed | Not disclosed |
| Lead investors | Not disclosed | FirstMark Capital |
| Built for | Not disclosed | Not disclosed |
| Headquarters | Not disclosed | United States |
Funding, Side by Side
Formalize rounds
No public rounds tracked yet.
Text IQ rounds
- Jun 2019Series A$12.6M
Our Take
We have not tested these two head to head yet. The numbers above come from public funding announcements. If you use either one, tell us what you found and it may become a Field Note.
Quick Answers
- Which has raised more, Formalize or Text IQ?
- Text IQ has raised $12.6M in disclosed funding, compared with no disclosed amount for Formalize.
- What is Formalize best for?
- Formalize transforms overwhelming compliance demands into actionable compliance workflows. No chaos, just clarity. Helping you master DORA, NIS2, and whatever comes next.
- What is Text IQ best for?
- AI that finds sensitive and privileged information in enterprise data.
Source: Legal Tech Circle funding data, from public announcements. Updated November 10, 2026.