CORE Industrial Partners vs Formic
CORE Industrial Partners vs Formic, compared side by side on 19 data points: what each one does, how big it is, what it has raised, the tech running each site, and what users report. We score both out of 100 on traction, team and visibility: CORE Industrial Partners is on 37/100 and Formic on 62/100.
Where each one leads
CORE Industrial Partners
Leads on none of the measures we hold for both companies.
Formic
- our overall score: 62/100 against 37/100
- agent readiness: 50/100 against 45/100
- domain rating: 52/100 against 28/100
- funding raised: $159M against $63.0M
At a glance
| Measure | CORE Industrial Partners | Formic |
|---|---|---|
| What it is | A Chicago-based private equity firm focused on acquiring and improving lower middle-market industrial businesses. | Robots-as-a-Service (RaaS) for U.S. manufacturers, offering flexible, low-risk automation. |
| Category | Industrial Automation, Advanced Manufacturing, Industrial Technology, Private Equity | Industrial Automation, Robotics, Robots-as-a-Service, Manufacturing |
| Sells toBusiness model | B2B | B2B |
| Offering | Services | Software | hardware | services | platform |
| Founded | 2017 | 2020 |
| Headquarters | Chicago, United States | San Francisco, United States |
| Status | Active | Active |
Size, funding and growth
| Measure | CORE Industrial Partners | Formic |
|---|---|---|
| Employees | Not published | 106 |
| Headcount growthLast 12 months | Not published | +41.8% |
| Total funding | $63.0M | $159M |
| Latest round | Strategic | Series A Extension |
| Valuation | $1.1B | Not published |
| LinkedIn followers | Not published | 16,959 |
StartupHub scores
Our own 0-100 ratings. They measure company strength and site quality, not which product suits you.
| Measure | CORE Industrial Partners | Formic |
|---|---|---|
| StartupHub scoreOur 0-100 rating | 37/100 | 62/100 |
| Traction | 39/100 | 60/100 |
| Team | 10/100 | 60/100 |
| Search visibility | 15/100 | 35/100 |
| Quality | 45/100 | 68/100 |
| Agent readinessHow well an AI agent can read and act on the site | D (45/100) | D (50/100) |
| Domain ratingLink authority, 0-100 | 28/100 | 52/100 |
Technology
Detected on each public site, so it reflects the marketing stack as well as the product.
| Measure | CORE Industrial Partners | Formic |
|---|---|---|
| Hosting | Self Managed | Netlify |
| CDN | Not detected | Cloudflare |
| CMS | WordPress | Ghost |
| Frameworks | Jquery | Not detected |
| Analytics | Google Analytics 4 | Google Tag Manager |
CORE Industrial Partners vs Formic: common questions
Which is better, CORE Industrial Partners or Formic?
On our 0-100 score Formic rates higher (62/100 against 37/100). The score weights traction, team, visibility and profile completeness, so it reflects company strength rather than which product suits you. We compare the two on 19 data points above: read the rows that match what you are buying for.
How do CORE Industrial Partners and Formic compare on the numbers?
Formic leads on our overall score (62/100 against 37/100), agent readiness (50/100 against 45/100), domain rating (52/100 against 28/100), funding raised ($159M against $63.0M).
Read the full CORE Industrial Partners review and pricing or the Formic review and pricing. You can also browse other CORE Industrial Partners alternatives we track.