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Formic
On demand robotic automation company
Robotics & Automation
Industrial & Manufacturing
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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.
Robotics & Automation
Industrial & Manufacturing
Company Stage
Series A
Total Funding
$237.1M
Founded
2020
Headquarters
Chicago, Illinois
Growth & Insights
Headcount
6 month growth
↓ -35%1 year growth
↓ -31%2 year growth
↑ 19%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
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