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Formic · 12 hours ago

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Industrial AutomationManufacturing

Insider Connection @Formic

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Benefits

Equity in Formic: your slice of ownership in a fast-growing Series A startup, backed by some of the best investors in the world
99% coverage on our base Medical, Dental, and Vision insurance plans (75% coverage for dependents) via Blue Cross Blue Shield and Guardian, with buy-up options, as well
FSA & DCFSA
Life insurance, Short-Term Disability, and Long-term Disability plans (covered at 100%) via Guardian
Employee Assistance Program
Paid parental leave
Company-sponsored 401k
Home Office Stipend for remote and hybrid roles
Monthly Phone/Internet Reimbursement
Flexible time off policy and 10+ company holidays

Company

Formic

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At Formic, we make automation simple. We're dedicated to helping manufacturing businesses across the United States supercharge their productivity.

Funding

Current Stage
Growth Stage
Total Funding
$59.3M
Key Investors
Mitsubishi Electric Innovation FundBlackhorn VenturesLux Capital
2024-10-21Series Unknown· undefined
2024-06-25Series A· $27.4M
2022-01-18Series A· $26.5M

Leadership Team

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Saman Farid
CEO
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Jack Wagler
Chief Financial Officer
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Company data provided by crunchbase
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