Insights

Rapid Market Growth Formic operates within the booming automation machinery manufacturing industry, focusing on enhancing manufacturing productivity across the United States, making it an attractive partner for factories seeking modern automation solutions.

Diverse Client Base With automation solutions applied to a wide range of products from food to chemicals and hardware, there are extensive opportunities to customize and expand automation offerings for various manufacturing sectors.

Innovative Technology Use Utilizing advanced tech such as AWS IoT and PWA indicates Formic's commitment to integrating cutting-edge digital tools, which can appeal to forward-thinking manufacturing companies aiming to modernize their operations.

Established Revenue Generating between 50 and 100 million dollars in revenue, Formic demonstrates solid financial stability, presenting opportunities for partnership, expansion, or strategic investments in automation upgrades.

Growth in US Manufacturing Given its focus on US-based factories and recent industry trends, there is significant potential to expand within the domestic manufacturing sector, particularly among mid-sized firms seeking scalable automation solutions.

Formic Tech Stack

Formic uses 8 technology products and services including Reddit Ads, HubSpot Analytics, AWS IoT, and more. Explore Formic's tech stack below.

  • Reddit Ads
    Advertising
  • HubSpot Analytics
    Analytics
  • AWS IoT
    Analytics
  • Linkedin Insight Tag
    Analytics
  • LinkedIn Recruiter
    Applicant Tracking Systems
  • HubSpot Content Hub
    Content Management System
  • UpKeep
    Miscellaneous
  • PWA
    Miscellaneous

Media & News

Formic's Email Address Formats

Formic uses at least 1 format(s):
Formic Email FormatsExamplePercentage
FLast@formic.coJDoe@formic.co
65%
First@formic.coJohn@formic.co
32%
First.Last@formic.coJohn.Doe@formic.co
1%
FirstL@formic.coJohnD@formic.co
2%

Frequently Asked Questions

Where is Formic's headquarters located?

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Formic's main headquarters is located at Chicago, Illinois US. The company has employees across 4 continents, including North AmericaAsiaSouth America.

What is Formic's stock symbol?

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Formic is a publicly traded company; the company's stock symbol is AVER.TA.

What is Formic's official website and social media links?

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Formic's official website is formic.co and has social profiles on LinkedInCrunchbase.

What is Formic's NAICS code?

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Formic's NAICS code is 3339 - Other General Purpose Machinery Manufacturing.

How many employees does Formic have currently?

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As of October 2025, Formic has approximately 91 employees across 4 continents, including North AmericaAsiaSouth America. Key team members include Chief Marketing Officer: S. F.Chief Financial Officer: J. W.Vice President Of Sales: J. O.. Explore Formic's employee directory with LeadIQ.

What industry does Formic belong to?

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Formic operates in the Automation Machinery Manufacturing industry.

What technology does Formic use?

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Formic's tech stack includes Reddit AdsHubSpot AnalyticsAWS IoTLinkedin Insight TagLinkedIn RecruiterHubSpot Content HubUpKeepPWA.

What is Formic's email format?

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Formic's email format typically follows the pattern of FLast@formic.co. Find more Formic email formats with LeadIQ.

When was Formic founded?

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Formic was founded in 2020.

Formic

Automation Machinery ManufacturingIllinois, United States51-200 Employees

At Formic, we make automation simple. We're dedicated to helping manufacturing businesses across the United States supercharge their productivity. Our cutting-edge robot fleet empowers factories to pack goods and stack onto pallets with confidence, savings, and simplicity that they can't find anywhere else.

Our versatile robots play a role in producing a wide array of products you know and love - from delicious chocolate chip cookies and matcha powder to specialty chemicals and hardware fasteners, and more. We're on a mission to create a world of abundance through innovative automation solutions. Discover the impact of our technology at www.formic.co.

Section iconCompany Overview

Headquarters
Chicago, Illinois US
Website
formic.co
Stock Symbol
AVER.TA
NAICS Code
3339 - Other General Purpose Machinery Manufacturing
Founded
2020
Employees
51-200

Section iconMedia & News

Section iconFunding & Financials

  • $50M$100M

    Formic's revenue is estimated to be in the range of $50M$100M

Section iconFunding & Financials

  • $50M$100M

    Formic's revenue is estimated to be in the range of $50M$100M

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