Forma
PrivateLast Round
Series B
Mar 8, 2022
Total Funding Raised
$57.62M
Company Overview
Forma operates in Enterprise Software and is based in Fremont, California. Its latest recorded funding round was a Series B round in March 2022.
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, Digital Payments, Compliance
Business Model
B2B
Customer Profile
Subscription SaaS, Marketplace Commission
AI Layer
Application
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.
| Company | Similarity | Market Cap |
|---|---|---|
| Benepass | 91% | |
| Fringe | 85% | |
| Compt | 85% |
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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 |
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Key People
Founding team and executive leadership
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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.
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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.
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Frequently 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, so its shares have no public market price. Caplight tracks Forma's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
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.
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 in Forma's shares on secondary markets.