Forma AI Revenue and Competitors

Toronto, ON CAN

Location

$13M

Total Funding

Estimated Revenue & Valuation

  • Forma AI's estimated annual revenue is currently $22.8M per year.(i)
  • Forma AI's estimated revenue per employee is $155,875
  • Forma AI's total funding is $13M.

Employee Data

  • Forma AI has 146 Employees.(i)
  • Forma AI grew their employee count by -8% last year.

Forma AI's People

NameTitleEmail/Phone
1
Founder and CEOReveal Email/Phone
2
Chief StaffReveal Email/Phone
3
VP Strategic PartnershipsReveal Email/Phone
4
VP - Analytics & Data ScienceReveal Email/Phone
5
VP MarketingReveal Email/Phone
6
VP FinanceReveal Email/Phone
7
VP MarketingReveal Email/Phone
8
VP Business DevelopmentReveal Email/Phone
9
Director EngineeringReveal Email/Phone
10
Managing DirectorReveal Email/Phone
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$34M21352%N/AN/A
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What Is Forma AI?

Forma AI is incentive compensation (IC), automated. Our solution optimizes and administers sales team compensation to motivate effective sales behaviors and drive targeted revenue growth. By pairing machine learning technology with deep compensation expertise, Forma creates value through: 1. Reduced administrative costs through management of day-to-day IC operations (e.g. commissions & quota calculations, territory alignment, fairness testing, financial forecasting). 2. Increased revenue through optimized compensation structures, which factor in rep-level performance patterns and company-level strategic objectives. 3. Improved speed of execution through the capacity to rapidly scenario test and implement changes to compensation structure. Learn more at www.forma.ai.

keywords:N/A

$13M

Total Funding

146

Number of Employees

$22.8M

Revenue (est)

-8%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Forma AI News

2022-04-20 - Turning Sound Into Information: Warner Music Group's Kobi ...

Find out how AI can help bring music to your ears in today's episode. ... So a lot of the things that have become pro forma in D2C...

2021-03-11 - Forma.ai Raises $10 Million to Bring Sales Performance Intelligence and System-Wide Automation to Stagnant Industry

​Forma.ai, the company transforming sales performance with science, today announced that it has raised $10 million in Series A funding led by Crosslink Capital and supported by Golden Ventures, Panache Ventures, Uncork Capital, and Xfund. With 300% year-over-year company growth and rapid enterpr ...

2021-03-11 - Forma.ai Raises $10M in Series A Funding

Forma.ai, a Toronto, Canada-based data science powered sales performance company, raised $10m in Series A funding. The round was led by Crosslink Capital with participation from Golden Ventures, Panache Ventures, Uncork Capital, and Xfund. The company intends to use the funds to scale its engi ...

2021-03-11 - Today in funding: Ratesdotca, Damon Motorcycles, Forma.ai, Vegano Foods, Dispension, GenXys, DeFi Ventures

Seven Canadian tech companies, Ratesdotca, Damon Motorcycles, Forma.ai, Vegano Foods, Dispension, GenXys, and DeFi Ventures have recently secured financing to fuel their growth. Here’s the latest on who raised money, how much, from whom, and what they plan to put the new funds toward. Ratesdotca ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$43.4M1469%N/A
#2
$23.3M146N/AN/A
#3
$39.3M1466%N/A
#4
$40.2M146N/AN/A
#5
$15M1462%N/A