Confidential Reporting System vs Whistleblower Software (Formalize)

Side-by-side facts for Confidential Reporting System and Whistleblower Software (Formalize), sourced from vendor-published materials. Both platforms market themselves for EU Directive 2019/1937 compliance.

At a glance

Confidential Reporting System

Bulgarian whistleblowing platform built with Transparency International Bulgaria and Happy Company, with public BGN pricing, live login and registration, and explicit local-law positioning.

Headquarters: Sofia, Bulgaria
Pricing: Public monthly pricing: BGN 295/month for 50-149 employees, BGN 395/month for 150-249, BGN 595/month for 250-499, BGN 995/month for 500+; under 50 employees by quote.
EU data hosting: Not disclosed
EU member states referenced: 1 of 27
Certifications: None published
AI on report content: No AI processing of report content

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Whistleblower Software (Formalize)

Whistleblower Software product from Formalize (Copenhagen). Tiered €70–€285/month by employee count.

Headquarters: Copenhagen, Denmark
Pricing: Annual billing: €70 (0–49), €80 (50–249), €135 (250–499), €215 (500–999), €285 (1,000–1,999) per month. Contact sales for 2,000+.
EU data hosting: EU (named data centre)
EU member states referenced: 5 of 27
Certifications: ISO 27001 + 2 more
AI on report content: Processes report content with AI / translation

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Full facts, side by side

Full facts, side by side: Confidential Reporting System and Whistleblower Software (Formalize)
Attribute	Confidential Reporting System	Whistleblower Software (Formalize)
Headquarters	Sofia, Bulgaria	Copenhagen, Denmark
Founded	Undisclosed	2020
Ownership	"CONFIDENTIAL REPORTING SYSTEM" Ltd.; public site says the product was created by Transparency International Bulgaria and Happy Company Ltd	Private — €15M Series A funded
Employees	Undisclosed	~160
Customers (vendor claim)	Undisclosed	8,000+ across the Formalize platform (vendor claim)
Pricing	Public monthly pricing: BGN 295/month for 50-149 employees, BGN 395/month for 150-249, BGN 595/month for 250-499, BGN 995/month for 500+; under 50 employees by quote.	Annual billing: €70 (0–49), €80 (50–249), €135 (250–499), €215 (500–999), €285 (1,000–1,999) per month. Contact sales for 2,000+.
Pricing model	Undisclosed	Tiered (per employee)
Procurement model	Undisclosed	Demo required
Free trial	No	✓ Yes
EU data hosting	Not disclosed	EU (named data centre)
EU member states referenced	1 of 27	5 of 27
EU reporting languages	2 of 24	23 of 24
Total reporting languages	2	80
AI on report content	No AI processing of report content	Processes report content with AI / translation
Certifications	None published	ISO 27001 (organisation and hosting) ISAE 3000 Type 2 2024 penetration testing certification
National laws referenced	Bulgaria (Act on Protection of Persons Reporting or Publicly Disclosing Information on Breaches / ZZLPSPOIN) EU Directive 2019/1937	Denmark Germany (HinSchG) France (Sapin II) Italy (D.Lgs. 24/2023) Spain (Ley 2/2023)
Anonymous reporting	✓	✓
Case management	✓	✓
Multi-channel intake	✓	✓
Public API	✓	✓
GDPR (vendor claim)	✓	✓
EU Directive 2019/1937 (vendor claim)	✓	✓
G2 rating	—	4.9/5 · 157 reviews
Last verified	23 April 2026	20 April 2026

Another option in this directory

Confidential Reporting System and Whistleblower Software (Formalize) are two of the platforms indexed here. If your shortlist is still open, one more worth comparing — with a different set of tradeoffs: