Formic

Formic is a Robotics-as-a-Service (RaaS) company that aims to accelerate the adoption of automation across small to mid-sized U.S. manufacturers. They specialize in providing automated end-of-line palletizing and case packing solutions for food, beverage, chemical, and consumer goods companies. Formic's unique RaaS model eliminates the need for upfront capital investment, making automation more accessible to businesses of all sizes. They handle all aspects of the automation process, from system design and deployment to 24/7 monitoring and maintenance, ensuring customers only pay for the time the machines are producing.

Formic's mission is to democratize automation, making it a necessity rather than a luxury for American manufacturers. Their success team includes dedicated automation experts, flexible OpEx contracts, and 24/7 monitoring to maximize uptime and profit. They have a strong track record of successful deployments, with over 500 systems deployed and 5,000+ robots deployed by their team members. Their flexible and scalable model allows manufacturers to easily add or swap out automation as their needs change, enabling them to grow their businesses while minimizing risk.

Formic offers a flexible work environment with a global and remote-first team structure, allowing employees to work from home. They also provide a generous Flexible Time Off (FTO) policy, encouraging a healthy work-life balance, and offer comprehensive benefits including parental leave.

Formic provides comprehensive employee benefits, including flexible time off, a generous parental leave policy, and comprehensive health insurance coverage. The company also provides a new computer and office supply budget to remote employees, demonstrating their commitment to providing a supportive work environment. Formic's employee benefits align with their people-first approach, emphasizing work-life balance and employee well-being.

Formic's mission is to accelerate the adoption of automation across small to mid-sized U.S. manufacturers by removing the traditional barriers to entry, such as high upfront costs, complexity, and the need for specialized expertise. They achieve this through their "Robotics-as-a-Service" model, which delivers automation at a low hourly rate with contractually guaranteed performance. Formic's goal is to make automation accessible and affordable for all manufacturers, enabling them to achieve scale and growth that was once only available to large companies.

Formic cultivates a culture of Fearless Optimism, prioritizing the success of its customers and aiming to work efficiently. They encourage their employees to be flexible and adaptable, valuing collaboration and communication. This "Formican" way of working is characterized by a sense of urgency, seeking to "be right, often," and a shared belief in the company's mission of making automation accessible for all manufacturers.

Formic is committed to building a diverse, equitable, and inclusive workplace that reflects the diversity of its customers and the communities it serves. The company values a culture of respect and inclusivity, where everyone feels valued, empowered, and respected, regardless of their background or identity. Formic promotes diversity through its hiring practices, employee development programs, and internal initiatives that foster a sense of belonging and create opportunities for all employees to contribute their unique talents and perspectives.