Location
Headquarters: Chicago, Illinois, United States, North America
Region: Illinois
Country: US
Continent: North America
About
Formic is an automation company specializing in end-of-line packaging automation for manufacturers. It offers fully managed robots-as-a-service solutions including palletizers and case packers, with 24/7 monitoring, maintenance, and data-driven optimization through Formic Production Intelligence. The model eliminates capital expenditure while delivering fixed monthly rates, rapid deployment, and ongoing support to improve throughput and reduce labor costs. Operations focus appears global in scope, serving food and consumer packaged goods industries among others, with a strong emphasis on real-time production visibility and continuous improvement.
Formic Technologies provides end-of-line packaging automation for manufacturers through a robots-as-a-service model. The company deploys managed robotic fleets for case packing and palletizing, offering fixed monthly rates that include maintenance and data-driven optimization. Its primary customers are in the food and consumer packaged goods sectors.
Formic Technologies, Inc.
2020
for_profit
active
Industries
Primary Industry: Manufacturing
Categories
Funding & Financials
series_unknown
59100000
10m-50m
private
Investors
Founders
Misa Ilkhechi
Saman Farid
Leadership
Technology Stack
Products
Automate NOW Palletizers: Robotic palletizing systems offered on a month-to-month or annual subscription basis, including equipment, 24/7 technical support, and full maintenance coverage.
Formic Pack: Automated case packing systems for prepackaged goods into containers, available via monthly contracts with full support and maintenance.
Formic Production Intelligence (FPI): A real-time production data platform that captures and displays live operational metrics to optimize manufacturing performance.
Robots-as-a-Service (RaaS) Model: A subscription-based automation service where customers pay monthly for robotic systems that include design, deployment, monitoring, and maintenance with no upfront costs.
24/7 Monitoring & Maintenance Service: Continuous remote and onsite monitoring and maintenance service included with automation systems to ensure uptime and performance.
Funding rounds
Series B · $0.47M · (2025-10-27)
Corporate Round · $0.1M · (2025-10-21) · Lead: Humanoid Global
Series Unknown · (2024-10-21) · Lead: Mitsubishi Electric Innovation Fund
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