Emerging and High Growth Companies

Forma.ai in its US$10 million financing round

Forma.ai

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Expertise
Emerging and High Growth Companies
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Michael Grantmyre

Partner, Emerging and High Growth Companies, Calgary

 

On March 11, 2021, Forma.ai announced it had completed its US$10 million Series A financing round. The funding was led by Crosslink Capital and will be used to scale Forma.ai’s engineering teams and allow the company to maintain its pace with mid-market and enterprise demand.

Forma.ai is a Toronto based software firm specializing in creating AI powered software focused on increasing sales and automating incentive compensation.

Osler, Hoskin & Harcourt LLP advised Forma.ai with a team consisting of Chad Bayne, Michael Grantmyre and Kosta Starostin (Emerging and High Growth Companies).

Value
US$10 million
Date Closed
March 11, 2021
Lead Office
Toronto
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Michael Grantmyre

Partner, Emerging and High Growth Companies, Calgary

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