+ Employee stock ownership plan
More information about location
Sales compensation software
Open for applications
Sales compensation software
101-200 employees
Open for applications
+ Employee stock ownership plan
More information about location
101-200 employees
To help organizations to design, execute, and optimize their sales compensation strategy within a single platform.
Sales operation is notoriously every organisation’s noisiest department, and one that has seen relatively little innovation thus far. There has been a widening gap in efficiency and optimisation for many of the functions that make up sales operations. Forma.ai, a compensation-focused AI software company, provides its customers with an avenue to improve general sales performance by enabling them to enhance sales performance activities through automation.
The company’s current niche focus is contrary to the wide-net approach that major industry players like Salesforce have taken, but Forma.ai is already proving to be a much needed product offering. It promises customers endless sales improvement solutions and implementation strategies - all using AI and end-to-end automation - and thus has secured several large clients such as TrustPilot, Autodesk, Redis, and Stryker.
The company has raised significant funding from investors who see the need for revolutionising the sector, most lately in 2022. It has achieved impressive revenue growth amid rapid enterprise adoption of its platform, and has plans to expand headcount, as well as accelerate product development and go-to-market initiatives to meet growing demand for its products.
Steph
Company Specialist at Welcome to the Jungle
May 2022
$45m
SERIES B
Mar 2021
$10m
SERIES A
South Core, Toronto, ON
Nabeil Alazzam
(CEO)Previously co-founded Primer Business Solutions, before moving on to work as a Management Consultant at ZS Associates, and then serving as VP of Sales at Spoonity.
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