Formarum

company

About

Formarum is a Canadian corporation which has developed an automatic and all-in-one sanitization device called Dive.

  • 1 - 10

Details

Last Funding Type
Seed
Last Funding Money Raised
$150K
Industries
Consumer Research,Search Engine,Swimming
Founded date
Sep 12, 2013
Number Of Employee
1 - 10
Operating Status
Active

Formarum is a Canadian corporation which has developed an automatic and all-in-one sanitization device called Dive which enables consumers to use and manage their recreational waters safely while reducing the cost, and hassles of chemical applications. The Chlorine consumption will be reduced to the minimum government-regulated requirement, which is up to 90% less than average consumption. This system will save consumers maintenance time and the downtime often required after chemical adjustments. Financially, consumers will be saving significantly on their chemical expenses and operational costs. Dive will also generate its own power internally, and therefore eliminates the need of an external power supply.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$150K
Formarum has raised a total of $150K in funding over 2 rounds. Their latest funding was raised on Dec 12, 2017 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Dec 12, 2017 Seed $150K 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
Formarum is funded by 1 investors. OneTen Capital are the most recent investors.
Investor Name Lead Investor Funding Round
OneTen Capital Seed