Formant
PrivateLast Round
Series A
Oct 11, 2023
Total Funding Raised
$45M
Company Overview
Formant is a cloud-based robotics platform that enables businesses to manage, monitor, and analyze fleets of autonomous devices. The company provides a single platform for data collection, teleoperation, and observability, helping robotics companies and enterprises to deploy, scale, and manage their fleets effectively. Founded in 2017 by Jeff Linnell, who previously served as Head of Robotics at Google X, Formant aims to unify machines, AI models, and enterprise systems to accelerate the adoption of physical AI and automation. The platform is designed for enterprise-level clients and has seen significant growth, powering tens of thousands of robots across various industries. Formant has raised over $45 million in funding from investors including BMW i Ventures, Intel Capital, and SignalFire.
Sector
Frontier & Industrial Tech
Verticals
Industrial Robotics, Fleet Management, Platform-as-a-Service, Logistics Software
Business Model
B2B
Customer Profile
Subscription SaaS, Services & Consulting, Freemium
AI Layer
Infrastructure
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Formant Comps
Public and private peers based on sector, stage, and business model.
Formant Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series A | Oct 11, 2023 | ||||
| Series A | Jan 5, 2022 | ||||
| Seed | Dec 18, 2018 |
Formant Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Goodyear Ventures | Series A |
| Pelion Venture Partners | Series A |
| Picus Capital | Series A |
| GS Futures | Series A |
| Intel Capital | Series A |
| Hillsven Capital | Series A |
| Ericsson Ventures | Series A |
Market signals
Structured signals derived from secondary market and firmographic data.
- Dec 23, 2025
Works with enterprise customers paying $500,000+ ARR.
- Oct 11, 2023
$21M round completed.
Formant Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Formant's valuation, stock price, and market status.
