About forml
forml is a company based in San Francisco (United States) founded in 2023 by Shaine Hirsh and Satchel Hirsh. forml has raised $546.45 thousand across 2 funding rounds from investors including Draper Associates, Tim Draper and Boost VC. forml offers products and services including forml AI Workflow and Enterprise ML Automation. forml operates in a competitive market with competitors including Implement AI, Oxygen to Innovation, Examus, Oterlu and ProjectPro, among others.
- Total Equity Funding$546.45K (USD)
in 2 rounds
- InvestorsDraper Associates
& 3 more
Products & Services of forml
forml offers a comprehensive portfolio of products and services, including forml AI Workflow and Enterprise ML Automation.
Transforms documents into searchable data with decisioning tools.
Streamlines building and deploying custom models on-prem.
Funding Insights of forml
forml has successfully raised a total of $546.45K across 2 strategic funding rounds. 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.
- Total Funding $546,448
- Total Rounds 2
- First Round $546,448
(May 2024)
- Investors Count 4
All 2 funding rounds of forml with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2026 | – | Series A | – | – | – |
| May 2024 | $546,448 | Seed | – | – |
4 investors in total: 2 institutional and 2 angel.
Investors in forml
forml has secured backing from 4 investors, including venture fund and angel investors. Prominent investors backing the company include Draper Associates, Tim Draper and Boost VC.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage technology companies receive venture capital investments. | – | draper.vc | San Mateo, United States | |
Investing in Deep Tech and emerging technologies for 12 years. | – | boost.vc | - | |
TD Tim Draper | Venture capitalist, founder of Draper Associates, early Bitcoin investor, active in India | – | unknown_037c52a0f3fd43288 | - |
AD Adam Draper | Founder of Boost VC, angel investor, focused on tech and crypto startups. | – | unknown_82b6e3952d3640cb8 | - |
Investor details for forml
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of forml
2 people are tracked at forml (2 in leadership).
| Name | Role | Group |
|---|---|---|
Shaine Hirsh | Co-Founder | Leadership |
Satchel Hirsh | Co-Founder & CEO | Leadership |
Complete people profiles for forml
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of forml
3 dated milestones of forml across 3 years, from founding to its latest funding, stage changes and deals.
- Founded forml is founded.
- Funding First funding round of $546K.
- Funding Latest funding round, Series A,.
Competitors of forml
forml 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 Implement AI, Oxygen to Innovation, Examus, Oterlu and ProjectPro, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| implementai.io | 2023 | London, United Kingdom | $313,061 | – | AI technology and consulting services are provided to clients. | |
| o2i.tech | 2015 | Noida, India | – | – | Product development is facilitated through 3D printing and advanced robotics. | |
| examus.net | 2015 | Moscow, Russia | – | – | Proctoring services are provided for students' higher education preparations. | |
| oterlu.com | 2019 | Gothenburg, Sweden | – | – | AI-based user behavior detection services are provided. | |
| projectpro.io | 2019 | Redwood, United States | – | 29 | Ready-made data science project templates are offered by ProjectPro. | |
| graphnile.com | 2015 | Mumbai, India | – | – | AI-based learning services are provided for educational needs. | |
| sparkpoweredlearning.com | 2024 | Rosendal, Norway | – | – | Provider of AI training for businesses |
Detailed competitors of forml
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Similar companies to forml
10 companies that operate in the same segment as forml (AI Core Platforms & Infrastructure), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
OpenAI is engaged in developing advanced artificial intelligence technologies. | 2015 | San Francisco, California, United States | USD 167.95 B | – | – | |
AI models and chatbots are offered for industry applications. | 2021 | San Francisco, California, United States | USD 66.81 B | – | – | |
Analytics and digital solutions for healthcare and banking are provided. | 1999 | New York, New York, United States | USD 10 M | USD 2.09 B | 59,500 | |
AI-powered graphical processing units and SoCs | 1993 | Santa Clara, California, United States | USD 5 M | USD 130.5 B | 36,000 | |
A platform for the AI community to collaborate and build. | 2016 | Paris, France | USD 399.91 M | – | – | |
Digital marketing, data analytics, and IT services are provided globally. | 1981 | Bengaluru, Karnataka, India | – | USD 19.08 B | 323,580 | |
Machine learning model development and management solutions are provided. | 2017 | San Francisco, California, United States | USD 250 M | – | 150 | |
Provider of website, web & mobile application development, BI, and digital marketing services | 2007 | Jaipur, Rajasthan, India | USD 570.12 M | USD 102.68 M | 461 | |
AI-based robotic arms are developed for industrial automation tasks. | 2010 | San Francisco, California, United States | USD 123.02 M | – | – | |
Enterprise observability solutions are delivered via cloud and AI platforms. | 2008 | San Francisco, California, United States | USD 196.44 M | – | – |
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Frequently Asked Questions about forml
forml was founded in 2023 and raised its 1st funding round 1 year after it was founded.
forml is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Satchel Hirsh is the current CEO of forml. They have also founded this company.
forml is a funded company, having raised a total of $546.45K across 2 funding rounds to date. The company's 1st funding round was a Seed of $546.45K, raised on May 2024.
Forml was established in 2023 by co-founders Shaine Hirsh and Satchel Hirsh, with the latter serving as CEO, in San Francisco, United States. Machine learning services are delivered by the company within the artificial intelligence sector. Operations center on developing and implementing ML solutions for business applications. The domain forml.ai supports these activities, targeting clients across multiple industries from its U.S. base.
forml's top competitors include ProjectPro, Implement AI and Examus.
forml offers forml AI Workflow and Enterprise ML Automation.
forml has 4 investors. Key investors include Draper Associates, Tim Draper, Boost VC, and Adam Draper.