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 Dec 31, 2022, the latest employee count at Formant is 27.

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 $2.56B in funding in 2026 to date.

Where does Formant rank among its competitors?

Formant ranks 9th amongst 111 active competitors, of which 24 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Vention, which secured $110M in Jan, 2026.

Who are the top competitors of Formant?

Formant's top competitors include Vention, Covariant and Palladyne AI. Among them, Vention secured the most recent funding round in January, 2026.

Formant - 2026 Company Profile, Team, Funding & Competitors

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 & 12 more

Ranked

9^th among 111 active competitors

Employee Count

27 as on Dec 31, 2022

Investment & Acquisitions

Formation Robotics

Similar Companies

Vention & 118 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 13 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	6470328	Series B	1312503	1373147	4778193	1121888
Jan 05, 2022	5202904	Series A	4397378	8963866	1915031	Pelion Venture Partners & 6 more
Dec 18, 2018	2267198	Seed	1718928	5406857	7734653	SignalFire

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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, Kate MeLynda, Jeffrey A. Linnell 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 5m
fwtnbod	Independent board member	-	Current	1y 6m
bxolbcj	Independent board member	-	Current	5y 3m
jvwjlns	Independent board member	-	Current	6y 8m
yoeonyf	Independent board member	-	Current	6y 7m

View details of Formant's Founder profiles and Board Members

Formant's employee count trend

Formant has 27 employees as of Dec 22. Here is Formant's employee count trend over the years:

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Top competitors of Formant include Vention, Covariant and Palladyne AI. 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	Vention 2016, Montreal (Canada), Series D	Provider of a modular hardware and software platform for industrial automation	$263M	Georgian, Bain Capital Ventures & 12 others	72/100
2nd	Covariant 2017, Emeryville (United States), Series C	Developer of an AI robotics platform for warehouse automation solutions	$222M	Index Ventures, Radical Ventures & 16 others	68/100
3rd	Palladyne AI 1983, Salt Lake City (United States), Public	Developer of an AI robotic software platform for various industries	$85.7M	General Electric, Rotor Capital & 10 others	62/100
4th	Mech-Mind 2016, Haidian (China), Series C	Developer of 3D vision technology and AI software for industrial robots	$200M	Meituan, Sequoia Capital & 4 others	62/100
5th	Viam 2020, New York City (United States), Series C	Software platform for robotics and AI to build smart machines across industries	$117M	Union Square Ventures, Tiger Global Management ... & 4 others	58/100
6th	Energy Robotics 2018, Darmstadt (Germany), Series A	Provider of cloud and AI-based robotic software solutions	$17.9M	Earlybird, Climate Investment & 9 others	56/100
7th	BOW 2020, Sheffield (United Kingdom), Seed	Robotics software platform	$4.99M	Northern Gritstone, Northern Powerhouse Investment Fund ... & 1 others	53/100
8th	Picknik Ai 2015, Boulder (United States), Seed	Developer of robotics application platform and manipulation libraries for automation	$2M	Stellar Ventures, Cypress Growth Capital	52/100
9th	Formant 2017, San Francisco (United States), Series B	Provider of cloud-based solution to control a fleet of robots	$45M	BMW i Ventures, Goodyear Ventures & 11 others	48/100
10th	MOV.AI 2016, Sintra (Portugal), Series A	ROS-based software platform for building and deploying autonomous mobile robots in warehouses and factories	$15.2M	Viola Group, NFX & 5 others	48/100