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Formic

Formic

On demand robotic automation company

Industrial & Manufacturing
Robotics & Automation

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Company Overview
Formic's mission is to democratize access to automated systems. Paired with their core belief of automation being a necessity, and not a luxury, Formic is building modern operation tools to integrate automation into millions of buisinesses.
Industrial & Manufacturing
Robotics & Automation

Company Stage

Series A

Total Funding

$237.1M

Founded

2020

Headquarters

Chicago, Illinois

Growth & Insights
Headcount

6 month growth

-32%

1 year growth

-26%

2 year growth

63%
Benefits
  • 99% coverage for Medical, dental, & vision insurance plans (75% coverage for dependents)
  • Life insurance, Short Term Disability, & Long Term Disability plans
  • Employee Assistance Program
  • Paid parental leave
  • Equity
  • Company-sponsored 401k
  • $2,000 Home office allowance
  • Monthly phone & internet reimbursement
  • Flexible time off policy and 10+ company holidays
  • Bi-annual all-company retreats
Company Core Values
  • Fearless Optimism
  • Factories First
  • TNT (Today Not Tomorrow)
  • Be right, often
  • Made of rubber
  • Good baton passes