Valuation
$8.6M
2024 Revenue
$2.9M
Funding
$5M
Team
17
Founded
2016
How Formus Labs CEO Ju Zhang grew to $2.9M revenue with a 17 person team in 2024.
SaaS for orthopedic surgery planning using the fusion of AI and biomechanics to improve patient outcomes and clinical efficiency.
Last updated
Formus Labs Revenue
In 2024, Formus Labs's revenue reached $2.9M. The company previously reported $1.7M in 2022. Since its launch in 2016, Formus Labs has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Formus Labs Hit $2.9m revenue in October 2024 | |
| 2022 | Formus Labs Hit $1.7m revenue in February 2022 | |
| 2016 | Launched with $0 revenue |
Formus Labs Valuation, Funding Rounds
Formus Labs's most recent disclosed valuation is $8.6M.
Formus Labs has raised $5M in total funding across 1 round, most recently a $5M Seed Round round in 2022.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2022 | Seed Round | $5M | - | - |
Founder / CEO
Ju Zhang
Ju Zhang is a Founder and Chief Architect at Formus Labs. He is a former Service Technician at Medical Equipment Services Ltd. Mr. Zhang received a Ph.D. and bachelor of engineering in Bioengineering and Biomedical Engineering at the University of Auckland.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Formus Labs yet.
Formus Labs Employees & Team Size
Formus Labs employs approximately 17 people as of 2026.
| Year | Milestone |
|---|---|
| 2024 | Reached 17 employees (October 2024) |
| 2022 | Reached 17 employees (February 2022) |
Frequently Asked Questions about Formus Labs
What is Formus Labs's revenue?
Formus Labs generates $2.9M in revenue.
Who founded Formus Labs?
Formus Labs was founded by Ju Zhang.
Who is the CEO of Formus Labs?
The CEO of Formus Labs is Ju Zhang.
How much funding does Formus Labs have?
Formus Labs raised $5M.
How many employees does Formus Labs have?
Formus Labs has 17 employees.
Where is Formus Labs headquarters?
Formus Labs is headquartered in Auckland, New Zealand.
Compare Formus Labs to the industry
Formus Labs operates across multiple industries. Browse revenue, funding, and growth data for Formus Labs in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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