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FORME - About the company

FORME is a public company based in Los Angeles (United States), founded in 2020 by Trent Ward. It operates as a Provider of exercising equipment for fitness training. FORME has raised $109M in funding. The company has 61 active competitors, including 20 funded and 4 that have exited. Its top competitors include companies like Peloton, Tonal and Vitruvian.

Company Details

Provider of exercising equipment for fitness training. The company offers smart exercising equipment and add-ons for users to receive personalized home-based fitness training. Users can choose from different fitness programs and take live practice sessions from trainers.
Social
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Email ID
*****@formelife.com
Key Metrics
Founded Year
2020
Location
Los Angeles, United States
Stage
Public
Total Funding
$109M in 2 rounds
Latest Funding Round
Investors
Ranked
Annual Revenue
$10M - $50M as on Dec 31, 2025
Employee Count
117 as on Aug 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public

FORME's IPO details

FORME got listed on Apr 28, 2023.
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FORME's funding and investors

FORME has raised a total funding of $109M over 2 rounds. Its first funding round was on Jul 23, 2021. FORME has 3 institutional investors.

Here is the list of recent funding rounds of FORME:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Aug 29, 2022
8145150
Series C
4053633
9318725
1371163
7409653
Jul 23, 2021
8309682
Series C
3570409
1437149
9058472
4859926
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FORME's founders and board of directors

Founder? Claim Profile
The founders of FORME is Trent Ward. Trent Ward is the CEO of FORME.
Here are the details of FORME's key team members:

FORME's employee count trend

FORME has 117 employees as of Aug 26. Here is FORME's employee count trend over the years:
Employee count trend for FORME
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FORME's Competitors and alternates

Top competitors of FORME include Peloton, Tonal and Vitruvian. Here is the list of Top 10 competitors of FORME, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Peloton
Peloton
2011, New York City (United States), Public
Provider of smart fitness training equipment and training platforms
$996M
78/100
2nd
Logo for Tonal
Tonal
2015, San Francisco (United States), Series E
Provider of smart home gym equipment and personalized workout programs
$535M
72/100
3rd
Logo for Vitruvian
Vitruvian
2018, Perth (Australia), Series A
Provider of resistance training smart fitness equipment and app
$51.4M
61/100
4th
Logo for Speediance
Speediance
2020, Shenzhen (China), Seed
Provider of smart exercising equipment
$1.58M
60/100
5th
Logo for Tempo
Tempo
2015, San Francisco (United States), Series C
Provider of AI-based home gym training platform
$398M
57/100
6th
Logo for Portl
Portl
2021, Hyderabad (India), Series A
Provider of a smart home gym device with an in built personal trainer
$4.01M
54/100
7th
Logo for FORME
FORME
2020, Los Angeles (United States), Public
Provider of exercising equipment for fitness training
$109M
52/100
8th
Logo for Flexnest
Flexnest
2020, Gurugram (India), Unfunded
Manufacturer of home fitness equipment and associated app-based classes
-
-
50/100
9th
Logo for Lululemon Studio
Lululemon Studio
2010, New York City (United States), Series B
Provider of online fitness classes
$80.8M
47/100
10th
Logo for Magic
Magic
2020, United Kingdom, Series A
Provider of AI-based mirror for home-based workouts
$7.5M
46/100
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FORME's Investments and acquisitions

FORME has acquired CLMBR. FORME has not made any investments as of now.

Reports related to FORME

Here is the latest report on FORME's sector:

News related to FORME

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FAQs about FORME

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