Tuesday, April 21, 2026Global tech, startups & capital — covered for Africans.
Formaloo is a no-code platform that allows users to build custom business apps.
Auto-discovered — editorial review pending
Formaloo is a no-code startup founded in 2020 and based in Estonia. Its platform allows professional teams to build custom business apps without coding. It raised €2 million in seed funding led by Change Ventures. The platform allows users to create databases and interfaces by dragging and dropping building blocks, integrating with tools like Slack, Google, and Microsoft. It has over 25,000 users and clients including Meta, Bolt, and McDonald’s. Farokh Shahabi, Co-founder and CEO, has experience with two exits.
| Date | Round | Amount | Lead |
|---|---|---|---|
| Aug 25, 2023 | $2.2M | — |
