OpportunityJOBPublic signal5 days ago
Automation Sales Manager - Atlanta
Formic is hiring for this role on its own job board, after raising $50M.
Who they want
Approach preferences not yet specified
Formic
Formic is a provider of a commercialization platform for physical AI. From its funding announcement.
In their own words
What Formic says it is doing
Public signal Described in the funding announcement as "provider of a commercialization platform for physical AI". Source
Market expansionProductResearch and developmentCommercial growth
Public signal Read from the company's own description of what the funding supports.
Why now
Where Formic is today
Formic announced a Series B round of $50M on 23 October 2026, led by Mercato Partners.
Latest round
Series B
Amount
$50M
Announced
23 October 2026
Headquarters
Chicago, USA
Sector
AI & Data Infrastructure
Investors
Also participating
Light Ray Ventures, Lightscape Partners, Citi
Relevant leadership
Founder and CEO Saman Farid
Momentum AfterRaise intelligence
AfterRaise Score
77
Building momentum
1 funding signal in the last 90 days
Arriving with the signals layer
- Hiring momentum Open roles and hiring pace
- Market expansion New offices and new countries
- Leadership Executive appointments
- Product activity Launches and releases
Since the raise
What has happened since
- 23 October 2026$50M Series BLed by Mercato Partners.
Public signal The timeline currently holds funding events, because those are the signals AfterRaise observes today. Hiring, leadership, expansion and product events join it with the signals layer.
What may happen next
What this raise could create
AfterRaise intelligenceNot a statement of fact
What may happen next
- New market entry
- First local hires in the new market
- Local entity and legal setup
- Product launches and new tiers
Opportunities this could create
- Infrastructure and compute
- Enterprise sales
- Data partnerships
- Product leadership
- Market-entry advisers
Based on the AI & Data Infrastructure sector, a Series B round and the priorities the company itself set out. Not a statement of fact.
High momentum5 connected signals
- 23 October 2026$50M Series B announced
- 23 October 2026Stated priority: market expansion
- 23 October 2026Stated priority: product
- 23 October 2026Stated priority: research and development
- 23 October 2026Stated priority: commercial growth
High momentum means several meaningful company changes have occurred in a short period. Signals here are funding events and the priorities the company stated; hiring, leadership and expansion detection join with the signals layer.
Open to
What Formic is open to
Not yet specified
Formic has not told AfterRaise which approaches it welcomes. Until it does, we do not assume. Offers to help are held and shown to the company, and the company decides whether to open a conversation.
Work here? Set your preferencesOpportunities
Ways to work with Formic
OpportunityJOBPublic signal5 days ago
Automation Sales Manager - Charlotte / Raleigh / Greensboro
Formic is hiring for this role on its own job board, after raising $50M.
Who they want
Approach preferences not yet specified
OpportunityJOBPublic signal5 days ago
Automation Sales Manager - Greenville / Spartanburg
Formic is hiring for this role on its own job board, after raising $50M.
Who they want
Approach preferences not yet specified
OpportunityJOBPublic signal5 days ago
Automation Sales Manager - Nashville
Formic is hiring for this role on its own job board, after raising $50M.
Who they want
Approach preferences not yet specified
OpportunityJOBPublic signal5 days ago
Automation Sales Manager - Richmond
Formic is hiring for this role on its own job board, after raising $50M.
Who they want
Approach preferences not yet specified
OpportunityJOBPublic signal5 days ago
Controls & Automation Engineer
Formic is hiring for this role on its own job board, after raising $50M.
Who they want
Approach preferences not yet specified
OpportunityJOBPublic signal5 days ago
GTM Engineer
Formic is hiring for this role on its own job board, after raising $50M.
Who they want
Approach preferences not yet specified
OpportunityJOBPublic signal5 days ago
GTM Engineer
Formic is hiring for this role on its own job board, after raising $50M.
Who they want
Approach preferences not yet specified
Helpful contributors
People who have contributed here
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