When was Formant founded?

Formant was founded in 2017 and raised its 1st funding round 1 year after it was founded.

Where is Formant located?

Formant is headquartered in San Francisco, United States.

Who is the current CEO of Formant?

Jeff Linnell of Formant. They have also founded 1 company.

How many employees does Formant have?

As of Jul 31, 2026, the latest employee count at Formant is 37.

Is Formant a funded company?

Formant is a funded company, having raised a total of $45M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Dec 18, 2018.

When was the latest funding round of Formant?

Formant's latest funding was a $***** Series B round on Oct 11, 2023, with participation from 11 investors. Its primary sector is Industrial Robotics. In United States, the Industrial Robotics sector has seen $5.99B in funding in 2026 to date.

Where does Formant rank among its competitors?

Formant ranks 1st amongst 17 active competitors, of which 9 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Noitomrobotics, which secured an undisclosed amount in Dec, 2025.

Who are the top competitors of Formant?

Formant's top competitors include Extend Robotics, Cognicept and Prismax. Among them, Noitomrobotics secured the most recent funding round in December, 2025.

Formant - 2026 Company Profile, Team, Funding & Competitors

Formant is a series B company based in San Francisco (United States), founded in 2017 by Jeff Linnell. It operates as a Provider of cloud-based solution to control a fleet of robots. Formant has raised $45M in funding from SignalFire and BMW i Ventures. The company has 17 active competitors, including 9 funded and 1 that has exited. Its top competitors include companies like Extend Robotics, Cognicept and Prismax.

Company Details

Provider of cloud-based solution to control a fleet of robots. It offers proactive monitoring, business insights, collaboration, and orchestration solutions. It also provides a dashboard solution for enabling the deployment & improvement of run time and achieve scalability. Also, data from sensors can be stored and fleet-eye-view from a single robot can also be achieved. It is available on a subscription-based pricing model.

Website: formant.io
Social
Email ID: *****@formant.io

Key Metrics

Founded Year

2017

Location

San Francisco, United States

Stage

Series B

Total Funding

$45M in 3 rounds

Latest Funding Round

Series B, Oct 11, 2023, $*****

Investors

SignalFire & 13 more

Ranked

1^st among 17 active competitors

Employee Count

37 as on Jul 31, 2026

Investment & Acquisitions

Formation Robotics

Similar Companies

Cognicept & 14 more

View Formant's full profile

Formant is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
FORMANT INC CIN: 821479341 , United States, Active	Dec 31, 1999	-	40 (As on Dec 31, 2024)	-

Formant has raised a total funding of $45M over 3 rounds. Its first funding round was on Dec 18, 2018. Its latest funding round was a Series B round on Oct 11, 2023 for $*****. 11 investors participated in its latest round. Formant has 14 institutional investors.

Here is the list of recent funding rounds of Formant:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 11, 2023	8370851	Series B	4024158	1836757	1861480	2550405
Jan 05, 2022	3294457	Series A	8589111	5227950	8786099	Pelion Venture Partners & 6 more
Dec 18, 2018	1750191	Seed	9349032	9923055	6008670	SignalFire

Access funding benchmarks and valuations. Sign up today!

View details of Formant's funding rounds and investors

The founders of Formant is Jeff Linnell. Jeff Linnell is the CEO of Formant.

Here are the details of Formant's key team members:

Jeff Linnell: Founder & CEO of Formant.
Contact Info: 1 email address

Formant's Board of Directors

Formant's board has 5 active members. Kasper Sage, Christopher Farmer, Jeffrey A. Linnell, Kate MeLynda and Jean Kovacs are independent board members.

Here is the list of Formant's board of directors:

Name	Type	Representing	Status	Duration
Kasper Sage	Independent board member	-	Current	2y 11m
sxfkgkp	Independent board member	-	Current	3y 5m
likgd{v	Independent board member	-	Current	3y 6m
tvmpvoy	Independent board member	-	Current	2y 4m
qmmtyqc	Independent board member	-	Current	1y 7m

View details of Formant's Founder profiles and Board Members

Formant's employee count trend

Formant has 37 employees as of Jul 26. Here is Formant's employee count trend over the years:

Uncover Formant's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Formant include Extend Robotics, Cognicept and Prismax. Here is the list of Top 10 competitors of Formant, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Formant 2017, San Francisco (United States), Series B	Provider of cloud-based solution to control a fleet of robots	$45M	Ericsson, Picus Capital & 12 others	48/100
2nd	Extend Robotics 2019, London (United Kingdom), Seed	Provider of VR-based software solutions for robots	$409K	Tricor Group, Plug and Play Tech Center & 9 others	47/100
3rd	Cognicept 2018, Singapore (Singapore), Seed	Provider of robotic error handling solutions	$100K	Surge, Antler & 4 others	38/100
4th	Prismax 2024, United States, Series B	Developer of a service layer for physical artificial intelligence applications	$11M	a16zcrypto, Symbolic Capital & 3 others	36/100
5th	Voysys 2014, Norrkoping (Sweden), Acquired	Provider of software for teleoperation	-	MobilityXlab, LEAD	34/100
6th	Aktoria Robotics 2026, San Francisco (United States), Unfunded	Provider of teleoperation software and human operators for robotic systems	-	-	29/100
7th	Noitomrobotics 2011, Beijing (China), Seed	Provider of embodied artificial intelligence data, systems, and integration services	-	Qiming Venture Partners, Alpha & 4 others	28/100
8th	Flywheel 2023, Singapore (Singapore), Seed	Provider of remote teleoperation and dataset generation platform for robots	-	Iterative	25/100
9th	Adamo 2025, San Francisco (United States), Unfunded	Operator of remote teleoperation to accelerate the rollout of robots and autonomous vehicles	-	-	25/100
10th	Remotics 2021, Mexico City (Mexico), Unfunded	Provider of vehicle and robots remote piloting services	-	-	22/100