Full-Time

Staff Application Engineer

Confirmed live in the last 24 hours

Forma.ai

Forma.ai

51-200 employees

Platform for optimizing sales compensation strategies

Data & Analytics
Enterprise Software
Financial Services

Senior

Remote in Canada

Category
Backend Engineering
Frontend Engineering
Full-Stack Engineering
Software Engineering
Required Skills
Python
JavaScript
TypeScript
Django
Requirements
  • Experienced in software development
  • Strong experience in JavaScript development experience (TypeScript experience a plus)
  • Python development experience (Django experience a plus) or equivalent server-side language
  • Be respectful with other people and have a high candour in how they work with others and in critiquing the product
  • A strong sense of customer empathy and an interest in being involved in the product direction
Responsibilities
  • lead development efforts for critical application features
  • be an example to the team of code quality and thoughtful software design
  • work on the most challenging code at Forma

Forma.ai provides a platform designed to help businesses improve their sales compensation strategies. The platform utilizes real-time modeling, allowing companies to test various compensation ideas against historical data to evaluate potential costs and outcomes. If a business finds a compensation strategy that yields favorable results, they can implement it easily. Clients range from small startups to large corporations, including notable companies like Autodesk. Forma.ai differentiates itself by focusing on turning sales compensation into a strategic advantage for its clients. The company generates revenue by charging businesses for access to its platform, likely through a subscription model.

Company Stage

Series B

Total Funding

$56.4M

Headquarters

Toronto, Canada

Founded

2016

Growth & Insights
Headcount

6 month growth

5%

1 year growth

6%

2 year growth

-8%
Simplify Jobs

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.

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