Forma (formerly Twic) is a life benefits platform that enables modern companies to design and scale flexible, global benefits programs with options that fit employee’s lives, from health and wellbeing to lifestyle – and beyond.
Forma radically streamlines program administration and vendor integration across HR and Finance Teams, making flexible benefits easy to manage and delightful to experience.
1. Customize your program
Select from a variety of ready-to-run life benefits programs that best match your strategy and global coverage needs.
2. Employees select benefits
Employees can shop the curated marketplace for the benefits use their flexible spending account or simply file a claim—all in one fast and easy experience.
3. Track and optimize
Powerful analytics provide insights to help your team track and optimize programs while our 24/7 Member Experience Team is there for your support when needed.
Forma radically streamlines program administration and vendor integration across HR and Finance Teams, making flexible benefits easy to manage and delightful to experience.
1. Customize your program
Select from a variety of ready-to-run life benefits programs that best match your strategy and global coverage needs.
2. Employees select benefits
Employees can shop the curated marketplace for the benefits use their flexible spending account or simply file a claim—all in one fast and easy experience.
3. Track and optimize
Powerful analytics provide insights to help your team track and optimize programs while our 24/7 Member Experience Team is there for your support when needed.
Location: United States, California, San Francisco
Employees: 51-200
Total raised: $40M
Founded date: 2017
Investors 3
Funding Rounds 1
| Date | Series | Amount | Investors |
| - | Series B | $40M | - |
Mentions in press and media 5
| Date | Title | Description |
| 09.03.2022 | Guide wants to make being a job candidate less terrible | Guide, a startup building HR software for job candidates, announced this morning that it has raised an $8 million seed round. First Round and Spero Ventures led the event, which also saw participation from a number of smaller investors. Gui... |
| 08.03.2022 | Employee benefits platform Twic rebrands as Forma and raises $40M in Series B round Show your support for our mission by joining our Cube Club and Cube Event Community of experts. Join the community ... | The life benefits platform formerly known as Twic Inc. announced today it has rebranded as “Forma” to reflect its “renewed focus” on matching employees with the benefits that matter most to them. The rebrand comes as Forma revealed it has r... |
| 08.03.2022 | Forma Raises $40M in Series B Funding | Forma (formerly known as Twic), a San Francisco, CA-based life benefits platform provider, raised $40M in Series B funding. The round was led by Ribbit Capital, with participation from Emergence Capital, Stripe, Designer Fund, Upside Partne... |
| 08.03.2022 | Forma raises new funding to make employee benefits more flexible | Companies across the board are fighting to recruit and retain employees as the war for talent rages on. Employee benefits are no longer viewed as a cookie-cutter, standard set of offerings — rather, they are valuable tools employers can use... |
| - | Flexible benefits company Forma – formerly Twic – secures $40M in Series B | San Francisco-based Forma, previously called Twic, announced its $40 million series B round of funding on Tuesday alongside a company rebrand. The rebrand is intended to reflect the company’s evolution and focus on pairing employees with cu... |