Insights

Growing Market Presence Formic operates in the dynamic automation machinery industry with a revenue between 50M and 100M, indicating significant market traction that signals potential for expanding sales efforts within manufacturing sectors seeking automation solutions.

Diverse Customer Base With clients involved in food production, chemicals, and hardware fasteners, Formic’s versatile robot solutions appeal across multiple manufacturing niches, offering cross-industry sales opportunities by tailoring solutions to specific production needs.

Innovation Focus Formic emphasizes creating simple and confident automation systems, suggesting that prospects prioritizing ease of integration and user-friendly technology are likely to be interested in their solutions.

Strategic Location Based in Illinois, near major industrial hubs in the United States, Formic is well-positioned to target regional manufacturers looking to enhance productivity through local automation providers.

Technology Adoption Utilizing advanced tools such as SOLIDWORKS, Segment, and Cloudflare indicates a sophisticated approach to product development and digital marketing, presenting opportunities to partner with innovative companies investing in cutting-edge manufacturing technology.

Formic Tech Stack

Formic uses 8 technology products and services including HubSpot Analytics, Google Ads Conversion Tracking, Cloudflare Web Optimizations, and more. Explore Formic's tech stack below.

  • HubSpot Analytics
    Analytics
  • Google Ads Conversion Tracking
    Analytics
  • Cloudflare Web Optimizations
    Analytics
  • html5media
    Audio, Video, Graphics
  • SOLIDWORKS
    Cad & Graphics
  • Segment
    Customer Data Platforms
  • Microsoft
    Miscellaneous
  • Microsoft Office
    Office Suites

Media & News

Formic's Email Address Formats

Formic uses at least 1 format(s):
Formic Email FormatsExamplePercentage
FLast@formic.coJDoe@formic.co
66%
First@formic.coJohn@formic.co
31%
First.Last@formic.coJohn.Doe@formic.co
1%
FirstL@formic.coJohnD@formic.co
2%

Frequently Asked Questions

Where is Formic's headquarters located?

Minus sign iconPlus sign icon
Formic's main headquarters is located at Woodridge, Illinois 60517 United States. The company has employees across 4 continents, including North AmericaSouth AmericaAsia.

What is Formic's stock symbol?

Minus sign iconPlus sign icon
Formic is a publicly traded company; the company's stock symbol is AVER.TA.

What is Formic's official website and social media links?

Minus sign iconPlus sign icon
Formic's official website is formic.co and has social profiles on LinkedInCrunchbase.

What is Formic's NAICS code?

Minus sign iconPlus sign icon
Formic's NAICS code is 3339 - Other General Purpose Machinery Manufacturing.

How many employees does Formic have currently?

Minus sign iconPlus sign icon
As of May 2026, Formic has approximately 105 employees across 4 continents, including North AmericaSouth AmericaAsia. Key team members include Chief Revenue Officer: S. F.Chief Operating Officer: D. L.Chief Financial Officer: J. W.. Explore Formic's employee directory with LeadIQ.

What industry does Formic belong to?

Minus sign iconPlus sign icon
Formic operates in the Automation Machinery Manufacturing industry.

What technology does Formic use?

Minus sign iconPlus sign icon
Formic's tech stack includes HubSpot AnalyticsGoogle Ads Conversion TrackingCloudflare Web Optimizationshtml5mediaSOLIDWORKSSegmentMicrosoftMicrosoft Office.

What is Formic's email format?

Minus sign iconPlus sign icon
Formic's email format typically follows the pattern of FLast@formic.co. Find more Formic email formats with LeadIQ.

When was Formic founded?

Minus sign iconPlus sign icon
Formic was founded in 2020.

Formic

Automation Machinery ManufacturingIllinois, United States51-200 Employees

At Formic, we make automation simple. We're dedicated to helping manufacturing businesses across the United States supercharge their productivity. Our cutting-edge robot fleet empowers factories to pack goods and stack onto pallets with confidence, savings, and simplicity that they can't find anywhere else.

Our versatile robots play a role in producing a wide array of products you know and love - from delicious chocolate chip cookies and matcha powder to specialty chemicals and hardware fasteners, and more. We're on a mission to create a world of abundance through innovative automation solutions. Discover the impact of our technology at www.formic.co.

Section iconCompany Overview

Headquarters
Woodridge, Illinois 60517 United States
Website
formic.co
Stock Symbol
AVER.TA
NAICS Code
3339 - Other General Purpose Machinery Manufacturing
Founded
2020
Employees
51-200

Section iconMedia & News

Section iconFunding & Financials

  • $50M$100M

    Formic's revenue is estimated to be in the range of $50M$100M

Section iconFunding & Financials

  • $50M$100M

    Formic's revenue is estimated to be in the range of $50M$100M

Ready to create more pipeline?

Get a demo and discover why thousands of SDR and Sales teams trust
LeadIQ to help them build pipeline confidently.

© LeadIQ, Inc. All rights reserved.