Emerging and High Growth Companies

Forma AI in its $45 million Series B financing round

Forma AI
Key Contact
Ryan Unruch

Partner, Emerging and High Growth Companies, Toronto

Team
Jeremy Lin

Associate, Emerging and High Growth Companies, Toronto

Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Handi Xu

Associate, Emerging and High Growth Companies, Toronto

 

On May 17, 2022, Forma AI announced it had completed its $45 million Series B financing round led by ACME Capital, along with Crosslink Capital, Golden Ventures, Uncork Capital, Xfund and Gaingels. With this financing, Forma AI plans to expand its product development and go-to-market capabilities to meet growing demand in the sales performance management (SPM) market.

Forma AI is a Toronto-based sales performance management solution provider.

Osler, Hoskin & Harcourt LLP advised Forma AI with a team consisting of Ryan Unruch, Chad Bayne, Jeremy Lin, Handi Xu and Spencer Green (Emerging and High Growth Companies).

Value
$45 million
Date Closed
May 17, 2022
Lead Office
Toronto
Key Contact
Ryan Unruch

Partner, Emerging and High Growth Companies, Toronto

Team
Jeremy Lin

Associate, Emerging and High Growth Companies, Toronto

Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Handi Xu

Associate, Emerging and High Growth Companies, Toronto