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Forma.ai

Forma.ai

Platform for optimizing sales compensation strategies

About

Forma.ai provides a platform designed to help businesses improve their sales compensation strategies. The platform allows users to model different compensation plans in real-time, enabling them to test various ideas against historical data. This helps businesses understand the potential costs and benefits of new compensation strategies before implementing them. Forma.ai serves a diverse range of clients, from small startups to large corporations, including notable companies like Autodesk. Unlike many competitors, Forma.ai focuses specifically on real-time modeling, which allows for immediate insights and adjustments. The goal of Forma.ai is to empower businesses to turn their sales compensation into a strategic advantage, ultimately enhancing their overall performance.

Company Stage

Series B

Employees

51-200

Industries

AI & Machine Learning

Total Funding

$58M

Headquarters

N/A

Founded

2016


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Simplify's Take

What believers are saying

  • The recent $45M Series B funding round provides Forma.ai with significant capital to expand product development and market reach.
  • The integration of SeaMonster's capabilities enhances Forma.ai's platform, potentially attracting more clients seeking innovative sales compensation solutions.
  • Working at Forma.ai offers the opportunity to be part of a pioneering team in the sales performance management space, with a focus on cutting-edge AI and real-time modeling.

What critics are saying

  • The competitive landscape in sales compensation software is intense, requiring Forma.ai to continuously innovate to maintain its edge.
  • The integration of SeaMonster's technology and team could pose challenges in terms of cultural and operational alignment.

What makes Forma.ai unique

  • Forma.ai leverages real-time modeling to optimize sales compensation strategies, a unique approach compared to traditional static models.
  • The acquisition of SeaMonster allows Forma.ai to offer the world's first activity-based sales incentives solution, setting it apart from competitors.
  • Forma.ai's focus on turning sales compensation into a strategic advantage for businesses, from startups to large corporations, differentiates it in the global market.

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

-13%

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