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EthicsPortal vs. Formalize #

Formalize, formerly known as WhistleblowerSoftware.com, is a Copenhagen-based whistleblower platform backed by a €15M Series A. With roughly 170 employees and over 500 consultancy partners — including PwC and Baker McKenzie — they have grown into one of the largest players in European whistleblower compliance. They are currently expanding beyond whistleblowing into NIS2 and DORA compliance.

Quick comparison #

FeatureEthicsPortalFormalize
Pricing€49/month flatCustom pricing (request quote, billed annually)
Self-serve signupYes, instantPartial — book a demo for quote
EncryptionYes (non-deterministic ActiveRecord Encryption)Yes
EU hostingYes (Hetzner, Germany)Yes (EU)
File metadata strippingYes (EXIF, GPS, author info)Not publicly documented
IP anonymizationYes (one-way hash, no storage)Not publicly documented
Audit trailYes, immutableYes
Deadline trackingYes (7-day and 3-month with notifications)Yes
PDF exportYesYes
LanguagesEN, FR, PL (more coming)80+ languages
G2 ratingN/A4.9/5 (157 reviews) — #1 Top Rated

Where Formalize is strong #

Where EthicsPortal is different #

Who should choose Formalize #

Formalize is a strong choice for mid-to-large enterprises that need 80+ languages, want a platform backed by a well-funded company with ISO 27001 and ISAE 3000 certifications, or already work with one of their 500+ consultancy partners. If your compliance team requires a mature partner ecosystem and is comfortable with higher pricing, Formalize delivers.

Who should choose EthicsPortal #

EthicsPortal is built for SMEs that need EU Directive 2019/1937 compliance without the enterprise overhead. If you need compliance today and do not require 80 languages or a consultancy partner network, EthicsPortal delivers full Directive coverage with immediate deployment and predictable pricing.


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