Forma.ai, a no-code platform for sales performance management, raised CAD 57.8 million (USD 45 million) in Series B funding, led by ACME Capital, with participation from Crosslink Capital, Gaingels, Golden Ventures, Uncork Capital, and Xfund. This round brings the company’s total funding to USD 58 million.
The funds will be used to invest in product development and expansion of the company’s go-to-market capabilities. Forma.ai also announced plans to expand its headcount to over 200 (from 120) by the end of 2022.
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