Latest round

Series B

Last raised

Nov 2021

Total raised

$58M

Investors

8

About Forma

Based in California, US, and founded in 2017 by its CEO, Jason Fan, and CTO, Max Hsieh, Forma, Inc. formerly known as Twic Inc. operates as a provider of a flexible benefits platform through the use of a web and mobile application. In November 2021, Forma, Inc. Forma, Inc. offers a discretionary benefits platform that enables companies to design global benefits programs with options that fit employee's lives, from health and wellbeing to lifestyle. The company offers benefits span six categories: basic health and protection, education and career, family and relationships, money and health, wellness and lifestyle, as well as work and performance. Within these categories, employees get to choose from 250 products from Forma vendors. In addition, the company offers an intelligent card, like a visa card, that employees can use to shop.'s client base includes Zoom, Twitch, Lululemon, Palo Alto Networks, and Stripe.

Who invested in Forma

8 investors across 3 rounds

See all investors in Forma

Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.

Funding rounds

  1. Series B

    Nov 1, 2021

    Amount

    $40M

    Investors

    Locked

  2. Series A

    Nov 1, 2020

    Amount

    $15M

    Investors

    Locked

  3. Seed

    Sep 1, 2019

    Amount

    $2.5M

    Investors

    Locked

Questions about Forma

Who invested in Forma?

Forma has 8 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Forma raised?

Forma has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Forma last raise money?

Forma's most recent round on record is a Series B, in Nov 2021.

What does Forma do?

Based in California, US, and founded in 2017 by its CEO, Jason Fan, and CTO, Max Hsieh, Forma, Inc.

Where is Forma headquartered?

Forma is headquartered in Fremont, US.

Which VCs invest in companies like Forma?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Forma's stage. Their profiles are linked below.

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