Forma, founded in 2017, is a life benefits platform that enables companies to design and scale flexible, global benefits programs. Based in San Francisco, California, with a global reach, it operates within the HR technology and employee benefits administration sectors.
The company's technical focus is on benefits administration software, offering products such as Lifestyle Spending Accounts (LSAs), Health Spending Accounts (HSAs), Health Reimbursement Arrangements (HRAs), and Flexible Spending Accounts (FSAs). Its platform is built to support modern workforce needs through software solutions in HR tech.
Forma serves hundreds of companies, including Stripe, Zoom, Lululemon, and Microsoft, and supports nearly one million employees worldwide. It reports a customer retention rate of 98%, a Net Promoter Score of 75, and a Customer Satisfaction score of 98, reflecting its scale and performance in the market.
