F
Formant
Monitoring and operations infrastructure for anyone who works with robots
About Formant
Formant.io is a cutting-edge startup that specializes in providing comprehensive solutions for managing and analyzing data from robotic fleets. The company operates in the robotics and artificial intelligence (AI) market, serving clients who deploy and manage large numbers of robotic devices. These clients typically include industries such as logistics, manufacturing, agriculture, and any other sector that relies on robotic automation.
Formant's business model revolves around offering a robust platform that enables users to efficiently manage their robotic fleets at scale. The platform provides tools for data ingestion, management, and analysis, allowing clients to visualize and interpret data from their robots in real-time or through historical analysis. This helps organizations to optimize their robotic operations, improve efficiency, and reduce downtime.
The company makes money through a subscription-based model, where clients pay for access to the Formant platform and its various features. These features include fleet management, data visualization, and integration capabilities, which are crucial for clients who need to maintain and monitor large numbers of robotic devices.
Formant's platform is designed to be user-friendly, with a scalable and flexible user interface that allows clients to navigate and manage hundreds or thousands of devices easily. The platform also supports teleoperation, enabling users to control their robots remotely. Additionally, Formant leverages large language models (LLMs) like ChatGPT to provide insights and exploratory workflows, helping users to ask questions and get immediate answers from their robot data.
In summary, Formant.io offers a powerful suite of tools for managing and analyzing robotic fleets, catering to industries that rely on automation. The company operates on a subscription model, providing clients with a scalable and flexible platform to optimize their robotic operations.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2017
- Headquarters
- San Francisco, United States
- Employees
- 40
- Open positions
- None listed
- Dealroom signal
- 71.4/100
- Industry
- Robotics
- Sector
- Robotics, Cloud Infrastructure, Innovation Management, Robot Programming and Training, Hard Tech, enablers for robotics, DT and LS, science-based
- Technology
- Artificial Intelligence, Deep Tech
- Business model
- SaaS
- Client focus
- b2b
- Investment activity
- 1 company, latest Aug 2019
- Capital deployed
- —
- Preferred round
- ACQUISITION
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VC✓Equity / VC | Oct 2023 | $21M | $84M | Intel Capital · BMW i Ventures · GS Futures · Pelion Venture Partners | ↗ |
| SERIES A✓Equity / VC | Jan 2022 | $18M | $72M | Ericsson | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Formant is 13K monthly website visits, down 62.9% over the last three months. Formant's team grew 17.6% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
Series A9 investors entered at this stage
Ericsson
Intel Capital
BMW i Ventures
GS Futures
Pelion Venture Partners
Thursday Ventures
Goodyear Ventures- HVHolman Growth Ventures
Picus Capital
Other known investors1 additional known investor
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Formant on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
See Formant’s full profile on Dealroom
Request a free trial to see the complete deal history, financials, people graph and growth signals.
Takes under a minute. Already use Dealroom? Log in.










