About Formation Group
Formation Group is a venture capital firm founded in 2015. It is primarily based out of Palo Alto, United States. As of Jan 2019, Formation Group has invested in 3 companies. It primarily invests in Series C round in United States based startups. Its investments are spread across a wide range of sectors from Retail to Consumer and Blockchain Technology. Most recently it participated in the $***** Series D round of Memebox Formation Group has team of 3 people including 2 partners.Key Metrics
Portfolio Count
Portfolio Locations
Rounds of Entry
Series C
Portfolio Soonicorns
Formation Group's List of All Investments
Formation Group has a portfolio of 3 companies. Their most notable investments are in Memebox and Memebox.Their portfolio spans across United States and South Korea. They have invested in Retail, Consumer, Blockchain Technology and 3 other sectors, across stages such as Series C stage. Here is the list of all investments by Formation Group:1. Memebox
Memebox is an internet first brand offering multi-category beauty products. The product catalog includes facial care products, makeup products, lipsticks, foundation, nail paints, and more.
Key facts about Memebox
- Founded Year: 2012
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $193M
- Employee Count: 224 as on Apr 30, 2026
- Investors: AME Cloud Ventures, Pegasus Tech Ventures and 29 Others
- Latest Funding Round: Series D, Feb 14, 2020, $*****
- Highlight: Editors' Pick
Key facts about Eva Automation
- Founded Year: 2014
- Location: Redwood City (United States)
- Stage: Early Stage
- Total Funding till date: $20M
- Employee Count: 1 as on Aug 31, 2026
- Investors: TriplePoint Capital, Formation 8 and 2 Others
- Highlight: Editors' Pick
Key facts about DAYLI Financial Group
- Founded Year: 2015
- Location: Seoul (South Korea)
- Stage: Deadpooled
- Employee Count: 7 as on Apr 30, 2026
- Investors: The Cambria Group, Alpen Route and 2 Others
- Latest Funding Round: Seed, 2015, $*****
Formation Group's Investments by Stage
Formation Group has made 1 investment in Series C stage with an average round size of $66M.Formation Group's Investments by Sector
Formation Group has a diverse portfolio, with companies operating in the Consumer, Consumer Goods and Retail. Notably, it has invested in 1 Blockchain company, 1 Consumer (B2C) company, 1 Enterprise (B2B) company and 1 company focusing on Tech.Sector | No. of Investments |
|---|---|
Consumer | 1 |
Consumer Goods | 1 |
Retail | 1 |
Note: We have considered here, only first round of investments
Formation Group's Investments by Geography
Formation Group has made most investments in United States (1).Formation Group's recent investments
Formation Group has not made any investment in 2026 so far.Here are the most recent investments by Formation Group:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jan 24, 2019 | United States | Series D | 5846 | ||
Dec 15, 2016 | United States | Series C | 4964 | [+9] | |
Aug 09, 2016 | United States | Series C | 4533 | [+2] |
Team profile of Formation Group
Formation Group has a team of 3 members including 2 Partners located in United States. Formation Group's team does not sit on the board of any company as of now.Co-investors of Formation Group
Over the past 10 years, 20 investors have co-invested in Formation Group's portfolio companies. This includes funds and angels.
- Invested before Formation Group: Fenox Venture Capital, Signatures Capital and 12 others have invested in rounds before Formation Group. There is 1 company where Fenox Venture Capital has invested before Formation Group and 1 company where Signatures Capital has invested before Formation Group.
- Invested after Formation Group: A total of 6 investors have invested in Formation Group's portfolio after their investments. Top Investors include Johnson & Johnson Innovation – JJDC (1 company), Cota Capital (1 company) and Janet Gurwitch (1 company).
Recent News related to Formation Group
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Memebox Closes $35 Million Financing to Fuel Innovation and Accelerate Company GrowthBusiness Wire•Jan 24, 2019•Memebox, SparkLabs Global Ventures, Y Combinator, Signatures Capital and 4 others
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Memebox Announces Series C Extension of $60MPR Newswire•Dec 15, 2016•Memebox, Y Combinator, Goodwater Capital, Altos Ventures Management and 7 others
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Memebox raises $66M for its e-commerce platform for Korean beauty productsTechCrunch+•Aug 09, 2016•Memebox, Formation Group, Goodwater Capital, Pear VC
