Forma AI

SoftwareSeries BToronto, Canadaforma.ai

Latest round

Series B

Last raised

May 2022

Total raised

$58M

Investors

7

About Forma AI

Founded in 2016 and based in Toronto, Canada, Forma AI Inc. operates as an AI-powered software company. The company was founded by CEO Nabeil Alazzam. The company's cloud-based platform is a unified intelligence system that automates manual administrative processes across sales performance planning, implementation, and measurement.ai helps its customers to design and administer sales performance and compensation plans.ai uses science to transform sales performance to unify sales performance intelligence and merges AI technology with human controls to boost sales team performance while automating sales administration.

Who invested in Forma AI

7 investors across 3 rounds

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Funding rounds

  1. Series B

    May 17, 2022

    Amount

    $45M

    Investors

    Locked

  2. Series A

    Mar 11, 2021

    Amount

    $10M

    Investors

    Locked

  3. Seed

    Feb 7, 2020

    Amount

    $3M

    Investors

    Locked

Questions about Forma AI

Who invested in Forma AI?

Forma AI has 7 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 AI raised?

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

When did Forma AI last raise money?

Forma AI's most recent round on record is a Series B, in May 2022.

What does Forma AI do?

Founded in 2016 and based in Toronto, Canada, Forma AI Inc.

Where is Forma AI headquartered?

Forma AI is headquartered in Toronto, Canada.

Which VCs invest in companies like Forma AI?

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

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