Full-Time

Robotics Deployment Project Manager

Confirmed live in the last 24 hours

Formic

Formic

51-200 employees

Factory automation solutions with pay-as-you-go model

Robotics & Automation
Industrial & Manufacturing

Compensation Overview

$93k - $140kAnnually

Senior

Chicago, IL, USA

The position requires a hybrid schedule with 3+ days a week in the Woodridge, IL office.

Category
Project Management
Mechanical Engineering
Business & Strategy

You match the following Formic's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • 5+ years of project management experience in technically complex manufacturing environments
  • 3+ years of prior automation/robotics experience
  • Experience working with industrial robots and/or cobots including Fanuc, Kuka, Yaskawa, ABB, or Universal Robots
  • Experience working with or for an industrial robotics System Integrator
  • Strong communication skills (both written and spoken) and ability to influence
  • Ability to skillfully manage a diverse set of team members and stakeholders
  • Hunger to learn, grow, and make an impact in a fast-paced environment
  • Action-oriented with strong problem-solving skills
  • Willingness to travel up to 35-40% of time in this position
  • You’re located in - or open to relocate to - either the greater Chicago, IL area and work a hybrid schedule (3+ days/week outside) in our Woodridge, IL office
Responsibilities
  • Strategically plan and manage robotics-centric automation solutions for a variety of different clients and applications, overseeing all aspects of deployment
  • Support defining project scopes, gathering project requirements, and validating proposals in cooperation with Formic Applications/Solutions Engineers and third party robotics system integrators
  • Develop and track project plans and monitor progress to ensure deadlines, standards, and cost targets are met
  • Facilitate the resolution of issues that surface in the deployment process
  • Play an active role in building, standardizing, and refining our internal processes and operations.
Desired Qualifications
  • Automation experience including end-of-line automation, robotic palletizing, de-palletizing, and/or case-packing is preferred, though not required

Formic makes factory automation accessible and affordable for businesses by offering flexible automation solutions without the need for significant upfront capital investment. Clients pay a low hourly rate for the use of automation systems, while Formic handles deployment, monitoring, and maintenance, reducing financial risk. The company tailors its solutions to meet specific client needs and provides 24/7 support, boasting a historical uptime of 99%. Formic's goal is to simplify factory automation, helping businesses improve efficiency and reduce labor costs.

Company Size

51-200

Company Stage

Series A

Total Funding

$57.5M

Headquarters

Chicago, Illinois

Founded

2020

Simplify Jobs

Simplify's Take

What believers are saying

  • Formic secured $27.4 million in Series A financing, boosting growth potential.
  • Partnership with Mitsubishi enhances Formic's automation expertise and customer value.
  • Strategic leadership additions focus on scaling operations and financial infrastructure.

What critics are saying

  • Competition from established players like Waymo could overshadow Formic's market presence.
  • Rapid technological advancements may render Formic's offerings obsolete without continuous innovation.
  • Economic downturns could challenge Formic's pay-as-you-go revenue model.

What makes Formic unique

  • Formic offers a pay-as-you-go model for automation, reducing financial risk.
  • The company provides 24/7 monitoring and maintenance, ensuring 99% uptime for clients.
  • Formic's tailored solutions adapt to specific client needs, enhancing operational efficiency.

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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

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

-8%

2 year growth

-2%
The Robot Report
Jan 6th, 2025
Robotics Investments Top $7.4B In October 2024

Robotics investments topped $7.4 billion for the month of October 2024, the result of 77 funding rounds. The investment total was led by Waymo’s $5.6 billion raise, which is the largest single round of the year through November. October’s total was the largest through the first 10 months of the year. The previous monthly high was the $3.7 billion raised in September 2024. The total investment for the period of January through October 2024 was more than $20 billion. Developers of autonomous driving technologies once again dominated the list of largest investments for the month

Business Wire
Dec 12th, 2024
Formic Announces Strategic Leadership Additions to Power Business Growth and Finance Infrastructure

Joel Onyshuk joins Formic as VP of Sales to scale the company's business footprint, and Todd Plotner joins as the company's first General Counsel to strengthen finance infrastructure.

Global Brains
Oct 28th, 2024
Global Brain has invested in Formic Technologies, Inc., a U.S.-based startup company that designs, develops, and maintains industrial robots

Global Brain has invested in Formic Technologies, Inc., a U.S.-based startup company that designs, develops, and maintains industrial robots.

PR Times
Oct 23rd, 2024
Mitsubishi Invests in Formic Technologies

Mitsubishi Electric, through its ME Innovation Fund, has invested in U.S.-based startup Formic Technologies Inc., marking its 8th investment. Formic offers subscription-based industrial robot solutions, addressing automation needs in manufacturing and logistics. This partnership aims to combine Formic's unique business model with Mitsubishi's automation expertise to enhance customer value and accelerate automation. Formic was founded in September 2020 and is led by CEO Saman Farid.

Business Wire
Oct 23rd, 2024
Mitsubishi Electric, ME Innovation Fund Invests in Formic Technologies Inc.

Mitsubishi Electric Corporation (TOKYO: 6503) announced today that its ME Innovation Fund has invested in Formic Technologies Inc., a U.S.-based start

The Robot Report
Jul 29th, 2024
Autonomous Vehicles Fuel $2.7B Funding Boom In June 2024

Autonomous vehicles fuel $2.7B funding boom in June 2024. By Dan Kara | July 29, 2024Listen to this article. Forty-eight companies that make robots or relevant enabling technologies raised a total of $2.7 billion in June 2024. At press time, this was the highest monthly funding total of 2024. It exceeded May’s total by more than $500 million and was more than double the 12-month trailing investments average of $1.3 billion. Robotics investments for the first six months of 2024 totaled about $8.4 billion

Logistics Manager
Jul 4th, 2024
Automation firm Formic secures US$27m to boost US manufacturing sector

Formic also announced a joint commercial agreement with Mitsubishi HC Capital America to finance and support the lifecycle of its RaaS model, which the pair hopes will address the financial barriers to automation adoption.

Robotics and Automation News
Jul 3rd, 2024
Formic raises $27.4 million to 'bring automation to more manufacturers'

Formic, a provider of Robots-as-a-Service (RaaS) automation for US manufacturers, has raised another $27.4 million in Series A financing led by Blackhorn Ventures with participation from Mitsubishi HC Capital America, NEC, Translink Capital, Alumni Ventures, FJ Labs, Lux Capital, Initialized Capital and Lorimer Ventures.

PR Times
Jun 26th, 2024
NEC Invests in Formic Technologies RaaS

NEC's ecosystem CVC fund, "NEC Orchestrating Future Fund," has invested in US-based Formic Technologies, which offers Robotics-as-a-Service (RaaS). This investment aims to address labor shortages in manufacturing and logistics by promoting robotics adoption. Formic's subscription model and proprietary software, utilizing digital twin technology, streamline robotics implementation and maintenance. NEC and Formic plan to support global customers facing robotics adoption challenges.