Forma
PrivateLast Round
Series B
Mar 8, 2022
Total Funding Raised
$60.36M
Company Overview
Forma is a human capital services company that provides a flexible benefits management platform for businesses to design, scale, and manage global employee benefits programs.
Sector
Enterprise Software
Verticals
HR, Vertical SaaS, Digital Payments, Accounting & Expense
Business Model
B2B
Customer Profile
Subscription SaaS, Marketplace Commission
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Forma Comparables
Compare Forma with similar companies based on industry and business-model similarity.
Forma Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series B | Mar 8, 2022 | ||||
| Series A | Nov 1, 2020 | ||||
| Seed | Sep 1, 2019 |
Forma Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Upside Partnership | Series B, Series A, Seed |
| AngelPad | Series B, Series A, Seed, Accelerator |
| Designer Fund | Series B, Series A, Seed |
| Ribbit Capital | Series B |
| Upside Partnership | Series B, Seed |
| Emergence Capital | Series B, Series A |
Market signals
Structured signals derived from secondary market and firmographic data.
- Sep 18, 2025
Launched new Rewards & Recognition product.
- Apr 6, 2025
Added Garver, LLC, an engineering firm, as a customer.
Recent news
Latest coverage and updates
- recognized_asJul 22, 2026
Blair Swim at Forma Inc recognized as Best Employee Benefits Platform at 2026 Employee Benefits Awards on Jul 1st '26.
Forma Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
Request accessFrequently Asked Questions
Common questions about Forma's valuation, stock price, and market status.
Is Forma a public or private company?
Forma is a private company.
What is the current stock price of Forma?
Forma is a private company with no public stock price. No recent secondary market data is available.
How much is Forma worth (valuation)?
Valuation information for Forma is not publicly available.
Can I buy Forma stock?
Forma shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.
When was Forma's last funding round?
Forma's most recent funding round was Series B on March 8, 2022.
Who are the main investors in Forma?
Key investors in Forma include AngelPad, Ribbit Capital, Emergence Capital.
Will Forma IPO soon?
No public IPO plans have been announced for Forma.
How can I track Forma secondary market activity?
Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Forma's secondary market activity and sign up for updates.