Forma

Forma 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.

The market for employee benefits is broken. Companies spend millions annually on employee benefits that employees neither value nor regularly use. Founded in 2017, Forma set out to build a better model by challenging traditional one-size-fits-all approaches.

Forma’s flexible benefits software helps companies offer competitive benefits packages while reducing costs and inefficiencies, by giving employees more choice and flexibility in how they spend their benefit allowances. The platform also saves HR professionals countless hours managing and supporting various point solutions.

Using Forma, companies can select from a suite of products that include Lifestyle Spending Accounts, Health Spending Accounts, Health Reimbursement Arrangements, Flexible Spending Accounts, and more to design and deliver customized benefits programs–all through a single platform. Employees then have three choices to spend account funds: The Forma Store with discounted products and services, The Forma Visa Card, or claim reimbursement backed by Forma’s world-class member support team.

Forma has helped hundreds of the world’s most admired companies, including Stripe, Zoom, Lululemon, and Affirm, design and support flexible, inclusive benefits programs for nearly a million employees. And, we are seeing great success with 98% customer retention, 75 NPS, and 98 CSAT ratings from members.

Forma is backed by Emergence Capital and Ribbit Capital and has received numerous awards for its exponential growth, its software innovation, and as a “Great Place to Work.”

What we value in each other

We never settle: It’s in our DNA to always strive for impact, look for new opportunities, and never rest on our laurels. We think our past success doesn’t predict future success which is why we’re constantly iterating on the transformation of our business - and ourselves.

We raise each other's bar: Positive intent drives everything we do. We’re constantly challenging our ideas, ourselves, and each other. Uncomfortable conversations, in which we may be harsh with our ideas, but kind to each other, are important to learning and improving as a team.

We've got you: Caring for others and supporting each other is a priority for all of us. This means you’re expected to ask for help and advice when you need it. Similarly, if you’re going through hard times, just let us know and take a break. We’ve got you covered.

We own our work: We hired you because we trust you. Approach your work in the way that makes the most sense to you and consult others when you need input or fresh perspectives. Results matter - always act in Forma’s best interest.