About formary
formary is a company based in Backnang (Germany) founded in 2018 by Lisa-Marie Bittner and Moritz Bittner. It operates as a B2B, and Marketplace. formary offers products and services including Digital Procurement Platform and Online Tray Generator. formary operates in a competitive market with competitors including Corcentric, Aavenir, Procol, Lighthouz and Growthfile, among others.
- Headquarter Backnang, Germany
- Founders Lisa-Marie Bittner, Moritz Bittner
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Sectors
Industrial Goods & ManufacturingConsumer
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Products & Services of formary
formary offers a comprehensive portfolio of products and services, including Digital Procurement Platform and Online Tray Generator. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for configuring and ordering custom plastic parts online.
Tool to create deep-drawn tray designs from CAD models quickly.
Funding Insights of formary
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by formary
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - formary
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Formary Comparisons
Competitors of formary
formary operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Corcentric, Aavenir, Procol, Lighthouz and Growthfile, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Cloud-based procurement automation solutions are delivered to businesses worldwide.
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| domain | founded_year | HQ Location |
AI-powered contract lifecycle management and automation solutions are provided.
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| domain | founded_year | HQ Location |
Procurement processes are automated through an AI-based platform.
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| domain | founded_year | HQ Location |
Generative AI products are evaluated via a specialized platform.
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| domain | founded_year | HQ Location |
Web-based accounts payable automation is provided for finance teams.
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| domain | founded_year | HQ Location |
Offers AI-assisted sales reps for B2B lead generation and deal closing.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about formary
When was formary founded?
formary was founded in 2018.
Where is formary located?
formary is headquartered in Backnang, Germany. It is registered at Backnang, Baden-wurttemberg, Germany.
What does formary do?
formary operates as a digital procurement platform that simplifies ordering custom plastic deep-drawn parts through online configuration and rapid quoting. It connects users to a network of suppliers in the DACH region for manufacturing and delivery. The service includes technical consulting, quality assurance, and support for various industries like automotive and electronics, ensuring efficient and reliable production processes.
Who are the top competitors of formary?
formary's top competitors include Corcentric, Procol and Aavenir.
What products or services does formary offer?
formary offers Digital Procurement Platform and Online Tray Generator.