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Formation Bio Alternatives & Competitors

The closest alternatives to Formation Bio are ShyftLabs, connectd.com and connectd.com. Formation Bio generates $39.2M in revenue with 188 employees. Every one of the 20 similar companies below is compared with Formation Bio on revenue, funding, customers, team size and founding year.

Formation Bio at a glance

Revenue
$39.2M
Valuation
$1.7B
Funding
$608M
Team size
188
Founded
2013

Formation Bio vs its top alternatives

Formation Bio is pinned as the first column so every figure is read against it. Blank cells are figures we have not verified, never zeros.

Formation Bio compared with its top alternatives on revenue, funding, customers and team size
CompanyFormation Bio logoFormation BioThis companyShyftLabs logoShyftLabsconnectd.com logoconnectd.comconnectd.com logoconnectd.comScienaptic AI logoScienaptic AIScienaptic AI logoScienaptic AIBesedo logoBesedoParallelDots logoParallelDotsParallelDots logoParallelDotsParallelDots logoParallelDots
Revenue$39.2M$39.2M$39.2M$39.2M$39.1M$39.1M$39.4M$39.4M$39.4M$39.4M
Valuation$1.7BNot disclosedNot disclosedNot disclosedNot disclosedNot disclosedNot disclosedNot disclosedNot disclosedNot disclosed
Funding raised$608MNot disclosedNot disclosedNot disclosedNot disclosedNot disclosed$5.2M$1.4M$1.4M$1.4M
CustomersNot disclosedNot disclosedNot disclosedNot disclosedNot disclosedNot disclosedNot disclosed151515
Team size188163283283168168358358358358
Founded2013201820192019201420142002201720172017
HQNew York, United StatesCanadaUnited KingdomUnited KingdomUnited StatesUnited StatesSwedenUnited StatesUnited StatesUnited States

Top Machine Learning Software companies similar to Formation Bio

ShyftLabs logo

1. ShyftLabs

Canada · Machine Learning Software

ShyftLabs is a data and analytics consulting firm that offers data governance, data warehousing, predictive analysis, and cloud BI services. We build data products to help enterprises deliver real impact through…

ShyftLabs revenue & fundingFormation Bio vs ShyftLabs

Revenue
$39.2M
Team size
163
Besedo logo

6. Besedo

Sweden · Machine Learning Software

Our content moderation service combines AI and human expertise to provide a safe and outstanding user experience. With accurate real-time capabilities, we create a safer and more positive internet for everyone.

Besedo revenue & fundingFormation Bio vs Besedo

Revenue
$39.4M
Funding
$5.2M
Team size
358
ParallelDots logo

7. ParallelDots

United States · Machine Learning Software

ParallelDots is an AI and computer vision SaaS platform that helps global CPG brands and retailers monitor and improve shelf performance in physical stores. In just five years, ParallelDots has grown into one of the…

ParallelDots revenue & fundingFormation Bio vs ParallelDots

Revenue
$39.4M
Funding
$1.4M
Customers
15
Team size
358
ParallelDots logo

8. ParallelDots

United States · Machine Learning Software

ParallelDots is an AI and computer vision SaaS platform that helps global CPG brands and retailers monitor and improve shelf performance in physical stores. In just five years, ParallelDots has grown into one of the…

ParallelDots revenue & fundingFormation Bio vs ParallelDots

Revenue
$39.4M
Funding
$1.4M
Customers
15
Team size
358
ParallelDots logo

9. ParallelDots

United States · Machine Learning Software

ParallelDots is an AI and computer vision SaaS platform that helps global CPG brands and retailers monitor and improve shelf performance in physical stores. In just five years, ParallelDots has grown into one of the…

ParallelDots revenue & fundingFormation Bio vs ParallelDots

Revenue
$39.4M
Funding
$1.4M
Customers
15
Team size
358
Waabi logo

10. Waabi

Canada · Machine Learning Software

Waabi.ai is an innovative AI technology company focused on revolutionizing the autonomous vehicle industry through cutting-edge automation and machine learning solutions.

Waabi revenue & fundingFormation Bio vs Waabi

Revenue
$39M
Funding
$274M
Team size
189
Waabi logo

11. Waabi

Canada · Machine Learning Software

Waabi.ai is an innovative AI technology company focused on revolutionizing the autonomous vehicle industry through cutting-edge automation and machine learning solutions.

Waabi revenue & fundingFormation Bio vs Waabi

Revenue
$39M
Funding
$274M
Team size
189
HackerNoon logo

15. HackerNoon

United States · Machine Learning Software

HackerNoon publishes technology stories and builds publishing software. The Company provides a free 100k+ story technology library covering programming, startups, cryptocurrency, AI, java script, bitcoin, web…

HackerNoon revenue & fundingFormation Bio vs HackerNoon

Revenue
$38.8M
Team size
353
vi.co logo

17. vi.co

United States · Machine Learning Software

Vi is an industry leading Enterprise AI Platform, helping the world’s largest health organizations maximize member health outcomes and financial returns. Vi’s technology stack and extensive household level data leverage…

vi.co revenue & fundingFormation Bio vs vi.co

Revenue
$38.6M
Team size
351
vi.co logo

18. vi.co

United States · Machine Learning Software

Vi is an industry leading Enterprise AI Platform, helping the world’s largest health organizations maximize member health outcomes and financial returns. Vi’s technology stack and extensive household level data leverage…

vi.co revenue & fundingFormation Bio vs vi.co

Revenue
$38.6M
Team size
351
CareSkore logo

19. CareSkore

United States · Machine Learning Software

Developer of a predictive and prescriptive population health management platform intended to transform the way providers help patients across the continuum of care. The company's platform offers patient management…

CareSkore revenue & fundingFormation Bio vs CareSkore

Revenue
$39.8M
Funding
$4.3M
Team size
619
CareSkore logo

20. CareSkore

United States · Machine Learning Software

Developer of a predictive and prescriptive population health management platform intended to transform the way providers help patients across the continuum of care. The company's platform offers patient management…

CareSkore revenue & fundingFormation Bio vs CareSkore

Revenue
$39.8M
Funding
$4.3M
Team size
619

Formation Bio vs the Machine Learning Software market

Formation Bio ranks #226 of 4,235 Machine Learning Software companies by annual revenue, putting it in the top 5% of the market.

Companies tracked
4,235
Median revenue
$2.1M
Median funding
$10.5M
Median team size
17

Formation Bio funding

Formation Bio funding rounds with amount raised and valuation
DateRoundAmountValuation
Oct 2025NoneNot disclosed$1.7B
Jun 2024Series D$372M$1B
Sep 2021Series C$156MNot disclosed
Jan 2018Series B$80MNot disclosed

Formation Bio competitors FAQ

What companies are similar to Formation Bio?

The closest alternatives to Formation Bio are ShyftLabs, connectd.com and connectd.com, all active in Machine Learning Software. This page compares each of them with Formation Bio on revenue, funding, customers and team size.

What is the best alternative to Formation Bio?

ShyftLabs is the closest alternative to Formation Bio, generating $39.2M in revenue. Which alternative fits best depends on budget and company size, so compare all 20 similar companies above before choosing.

How much revenue does Formation Bio generate?

Formation Bio generates $39.2M in revenue.

How much funding has Formation Bio raised?

Formation Bio has raised $608M in funding.

Is Formation Bio bigger than ShyftLabs?

Formation Bio and ShyftLabs both generate $39.2M in revenue.