Whistleblower Software (Formalize) vs Hellecon

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

At a glance

Whistleblower Software (Formalize)

Whistleblower Software product from Formalize with public Core and Advanced annual pricing.

Headquarters: Copenhagen, Denmark
Pricing: Core: €99 / €149 / €199 / €249 / €349 per month for 0-49 / 50-149 / 150-249 / 250-499 / 500-999 employees. Advanced: €149 / €219 / €299 / €379 / €529 for the same bands. 1,000+ employees contact sales. Billed annually.
EU data hosting: EU (named data centre)
EU member states referenced: 3 of 27
Certifications: ISO 27001 + 3 more
AI on report content: Processes report content with AI / translation

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Hellecon

Greek whistleblowing reporting platform for Law 4990/2022, from an Athens EHS/compliance firm.

Headquarters: Greece
Pricing: Not published (quote-based).
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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Full facts, side by side

Full facts, side by side: Whistleblower Software (Formalize) and Hellecon
Attribute	Whistleblower Software (Formalize)	Hellecon
Headquarters	Copenhagen, Denmark	Greece
Founded	2020	Undisclosed
Ownership	Private	Hellecon Services
Customers (vendor claim)	8,000+ across the Formalize platform (vendor claim)	Undisclosed
Pricing	Core: €99 / €149 / €199 / €249 / €349 per month for 0-49 / 50-149 / 150-249 / 250-499 / 500-999 employees. Advanced: €149 / €219 / €299 / €379 / €529 for the same bands. 1,000+ employees contact sales. Billed annually.	Not published (quote-based).
Pricing model	Tiered (per employee)	Undisclosed
Procurement model	Self-serve sign-up	Enterprise sales only
Free trial	✓ Yes	No
EU data hosting	EU (named data centre)	Not disclosed
EU member states referenced	3 of 27	1 of 27
EU reporting languages	Partial	Undisclosed
Total reporting languages	80	2
AI on report content	Processes report content with AI / translation	No AI processing of report content
Certifications	ISO/IEC 27001:2022 ISAE 3000 Type 2 ENS audited WCAG 2.1 AA	None published
National laws referenced	EU Directive 2019/1937 Germany (HinSchG) Spain (Ley whistleblowing)	Greece (Law 4990/2022)
Anonymous reporting	✓	✓
Case management	✓	✓
Multi-channel intake	✓	—
Public API	—	—
GDPR (vendor claim)	✓	✓
EU Directive 2019/1937 (vendor claim)	✓	✓
Last verified	24 May 2026	10 June 2026

Another option in this directory

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