Insights

Innovation in Automation Formic specializes in providing versatile and cutting-edge robotic automation solutions tailored for manufacturing facilities, particularly those involved in food, chemicals, and hardware sectors, offering potential for partnerships in industries seeking to enhance productivity through robotics.

Growing Market Presence With an estimated revenue between 50 and 100 million dollars and a dedicated team of up to 200 employees, Formic demonstrates strong growth potential and a solid position within the automation machinery industry, signaling opportunities for clients interested in scalable automation investments.

Technology-Driven Approach Utilizing advanced tech stacks such as AWS IoT, HubSpot platforms, and PWA, Formic leverages modern digital tools to optimize manufacturing processes, highlighting opportunities to integrate their automation systems with other Industry 4.0 solutions.

Customer Focus Formic's mission to create a world of abundance through automation indicates a customer-centric approach, making it a potential partner for manufacturing firms looking to modernize operations and increase efficiency with innovative robotic solutions.

Market Expansion Potential Serving a diverse range of products from baked goods to specialty chemicals, Formic’s flexible automation offerings are well-positioned to support expanding manufacturing companies seeking to automate various production lines, presenting a strategic opportunity for sales growth.

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
66%
First@formic.coJohn@formic.co
31%
First.Last@formic.coJohn.Doe@formic.co
1%
FirstL@formic.coJohnD@formic.co
2%

Frequently Asked Questions

Where is Formic's headquarters located?

Minus sign iconPlus sign icon
Formic's main headquarters is located at Chicago, Illinois United States. The company has employees across 4 continents, including North AmericaSouth AmericaAsia.

What is Formic's stock symbol?

Minus sign iconPlus sign icon
Formic is a publicly traded company; the company's stock symbol is AVER.TA.

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

Minus sign iconPlus sign icon
Formic's official website is formic.co and has social profiles on LinkedInCrunchbase.

What is Formic's NAICS code?

Minus sign iconPlus sign icon
Formic's NAICS code is 3339 - Other General Purpose Machinery Manufacturing.

How many employees does Formic have currently?

Minus sign iconPlus sign icon
As of April 2026, Formic has approximately 102 employees across 4 continents, including North AmericaSouth AmericaAsia. Key team members include Chief Marketing Officer: S. F.Chief Operating Officer: D. L.Chief Financial Officer: J. W.. Explore Formic's employee directory with LeadIQ.

What industry does Formic belong to?

Minus sign iconPlus sign icon
Formic operates in the Automation Machinery Manufacturing industry.

What technology does Formic use?

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

What is Formic's email format?

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

When was Formic founded?

Minus sign iconPlus sign icon
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 United States
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

Ready to create more pipeline?

Get a demo and discover why thousands of SDR and Sales teams trust
LeadIQ to help them build pipeline confidently.

© LeadIQ, Inc. All rights reserved.