Formic
Robots-as-a-Service (RaaS) for U.S. manufacturers, offering flexible, low-risk automation.
About
Formic provides fully supported robotic automation to U.S. manufacturers through a Robots-as-a-Service (RaaS) model. They offer flexible, low-risk automation systems with $0 CapEx, including deployment, 24/7 support, and maintenance, all for a fixed monthly rate.
Key facts
- Website
- formic.co
- Headquarters
- San Francisco, United States
- Founded
- 2020
- Employees
- 106
- Total funding
- $159M (Series A Extension)
- Valuation
- Private
- Business model
- B2B
- Tags
- Industrial AutomationRoboticsRobots-as-a-ServiceManufacturingAdvanced Manufacturing
Formic pricing
| Plan | Price | Includes |
|---|---|---|
| Automate NOW | Contact sales | One flat monthly rate covering hardware, installation, 24/7 support and 100 percent maintenance, Month-to-month or multi-year contracts, Six system options with equipment swaps at same flat rate |
No CapEx and no price listed. Requires quote via Get a Quote. Cobot palletizers for single-shift lighter cases and tight footprints, industrial palletizers for multi-shift high-volume heavier cases and taller stacks.
Plans as published by Formic, checked September 2026. Current prices on formic.co
Funding rounds
| Date | Round | Amount | Lead investors |
|---|---|---|---|
| 25 Jun 2024 | Series A Extension | $27M | Blackhorn Ventures |
| 18 Jan 2022 | Series A | $27M | Lux Capital |
| 18 Jan 2022 | Conventional Debt | $100M | - |
| 26 Mar 2021 | Seed | $5M | Initialized Capital |
Tech stack
Detected on formic.co, last scanned 5 Sept 2026. Run your own scan
- Analytics
- Google Tag Manager
- CMS / Builders
- Ghost
- CDN
- Cloudflare, Netlify
- Email provider
- Mimecast
- Visitor tracking
- ZoomInfo WebSights
Frequently asked
What does Formic do?
Their solutions aim to help manufacturers overcome labor shortages and increase productivity.
How much funding has Formic raised?
Formic has raised a total of $159M in funding. The most recent round on record is Series A Extension.
How many employees does Formic have?
Formic has approximately 106 people on record.