Recent Acquisition Formsite was acquired by Formstack, LLC in December 2023, indicating potential integration of services and expansion opportunities in the online form and workflow automation segments.

Niche Specialization With a focus on customizable online forms and surveys since 1998, Formsite offers a specialized product that appeals to small businesses and organizations seeking secure and adaptable data collection solutions.

Recent Feature Launches Recent enhancements like Amazon S3 integration and new templates demonstrate active product development, signaling opportunities to upsell advanced features to existing customers.

Growth Potential Operating in a competitive market alongside companies with large teams and revenues, Formsite's current revenue under 1 million USD suggests significant room for growth with targeted sales campaigns.

Tech Stack & Security Utilizing robust technologies like reCAPTCHA, HSTS, and Adobe Fonts, alongside a focus on secure data management, positions Formsite well for clients prioritizing security and compliance, opening doors in sensitive data handling markets.