About Formation AI
Formation AI is a company based in San Francisco (United States) founded in 2015 by Jason Hickner, Ryan Hickner, and Ammon Haggerty was acquired by BCG in August 2022. Formation AI has raised $224.7 million across 4 funding rounds from investors including Starbucks, BCG and BCG Digital Ventures. The company has 4 employees as of December 31, 2022. Formation AI operates in a competitive market with competitors including [24]7.ai, Intellimize, Dynamic Yield, Sailthru and Digital River, among others.
- Headquarter San Francisco, United States
- Employees 4 as on 31 Dec, 2022
- Founders Jason Hickner, Ryan Hickner, Ammon Haggerty
-
Sectors
Technology
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Formation, Llc
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
People of Formation AI
Unlock access to complete
Unlock access to complete
Funding Insights of Formation AI
Formation AI has successfully raised a total of $224.7M across 4 strategic funding rounds. The most recent funding activity was a Post-IPO round of $110 million completed in December 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Formation AI
Formation AI has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Starbucks, BCG and BCG Digital Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
-
|
Locked | Locked | Locked | |
|
Venture capital firm managing investments in biotechnology and pharmaceuticals since 1999.
|
Locked | Locked | Locked | |
|
High-quality coffees are roasted and served in limited-service restaurant chains.
|
Locked | Locked | Locked |
Investor details for Formation AI
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Formation AI
Investment portfolio details for Formation AI
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Formation AI
Detailed financials for Formation AI
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Formation Ai Comparisons
Peer comparison for Formation AI
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Formation AI
Formation AI 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 [24]7.ai, Intellimize, Dynamic Yield, Sailthru and Digital River, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
AI-powered platforms and services for customer experience management are provided.
|
|
| Locked | Locked | Locked |
Conversion rate optimization and personalization are delivered to businesses.
|
|
| Locked | Locked | Locked |
Website optimization and personalization solutions are provided for digital platforms.
|
|
| Locked | Locked | Locked |
Personalized omnichannel experiences are generated via marketing automation.
|
|
| Locked | Locked | Locked |
Cloud-based tax, fraud compliance and payment solutions for businesses
|
|
| Locked | Locked | Locked |
Lead email acquisition is enabled via website widgets and popups.
|
![[24]7.ai logo](https://img.thecompanycheck.com/b/247_logo.webp){kind=logo}
Detailed competitors of Formation AI
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Formation Ai
Complete news archive for Formation AI
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Formation AI
Formation AI was founded in 2015.
Formation AI is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Formation AI is a funded company, having raised a total of $224.7M across 4 funding rounds to date.
As of Dec 31, 2022, the latest employee count at Formation AI is 4.
Formation was founded in 2015 in San Francisco, United States. A consumer intelligence platform is provided, enabling analysis of customer data, behavior, and motivations through reinforcement learning. Personalized solutions are delivered to target individuals rather than segments. Industries served include retail, hospitality, restaurants, travel, and grocery, with operations focused on data-driven customer goal management.
Formation AI's top competitors include [24]7.ai, Dynamic Yield and Privy.
Formation AI has 4 investors. Key investors include Starbucks, BCG, BCG Digital Ventures, and Versant Ventures.