Who we are:
Formic is on a mission to reshape American manufacturing by making automation accessible to every factory. As labor constraints rise, costs increase, and global competition intensifies, automation is no longer optional for manufacturers that want to stay competitive.
We deliver automation through a Robotics-as-a-Service model that combines industrial robotics, proprietary software, and full-service support into a single, integrated solution. By removing the traditional barriers of cost, complexity, and risk, we enable manufacturers to deploy automation quickly and realize measurable gains in throughput, safety, and operational efficiency without large upfront capital investment.
Backed by leading investors including Lux Capital, Initialized Capital, Blackhorn Ventures, and Mitsubishi HC Capital North America, Formic is scaling rapidly and building the foundation for a new era of high-performance, Made in America production.
About the team:
Formic’s Finance team enables disciplined growth across our Robotics-as-a-Service platform. The team oversees capital strategy, treasury, credit, financial operations, compliance, accounting, and investor engagement. As Formic scales nationally, Finance ensures capital is deployed intelligently, portfolio performance remains strong, and the company maintains long-term financial resilience.
Finance operates at the center of strategy and execution. It connects operational performance to capital markets, aligns deployment velocity with balance sheet strength, and supports executive decision-making with rigorous financial insight.
About the role:
As Director of Capital Markets & Investor Relations, you will operate at the intersection of operations, capital markets, and executive strategy. Reporting to the CFO, you will shape how Formic translates performance into financial narrative, capital positioning, and long-term value creation.
You will rebuild and own the company’s core operating model, define the metrics that matter, and ensure Formic’s financial architecture supports both growth and durability. You will play a central role in capital formation across equity and debt, while serving as a trusted partner in board communication and investor engagement.
This is a high-ownership leadership role in an early-stage, high-growth environment. You will not simply report results. You will define how results are measured, interpreted, and communicated to the market.
In this role you will:
- Lead the development and evolution of Formic’s operating model, forecasting framework, and long-term financial architecture
- Translate operational performance into clear, credible financial narratives for investors and board stakeholders
- Define and refine KPIs that demonstrate the strength, scalability, and durability of Formic’s business model
- Monitor industry trends, competitor positioning, and capital market dynamics to inform strategic positioning
- Support equity and debt capital raise execution, including investor materials, diligence coordination, data management, and partner engagement
- Help structure and communicate complex financing initiatives, including debt and securitization strategies where applicable
- Partner cross-functionally with Finance, Legal, and executive leadership to ensure alignment, reporting discipline, and compliance
- Prepare board materials, investor updates, quarterly reporting packages, and strategic financial analyses
- Implement and maintain outward-facing dashboards and reporting frameworks that increase transparency and credibility
- Operate independently in a fast-moving environment, driving initiatives from concept through execution
What makes you a great fit:
- 7+ years of experience in investment banking, private equity, venture capital, structured finance, or strategic finance within a high-growth company
- Direct experience engaging institutional equity investors and capital partners
- Demonstrated experience supporting early-stage or growth-stage fundraising processes
- Strong exposure to capital markets and debt structuring; securitization experience is a plus
- Exceptional financial modeling skills, with the ability to build and refine operating models from first principles
- Experience preparing board-facing materials and partnering closely with executive leadership
- Strong understanding of asset-heavy, hardware-enabled, or recurring revenue business models
- Ability to translate complex operational performance into clear financial insight and investor-facing narrative
- Strong executive presence, independent judgment, and comfort operating in ambiguous environments
At Formic, we believe people do their best work when they feel supported both professionally and personally. That’s why we offer a comprehensive benefits and perks package for full-time, U.S.-based team members, including:
- Equity in Formic: Participate in our stock option program and share in the success of a fast-growing start-up backed by leading global investors
- Competitive & Uncapped Commission Structure: Designed to reward performance and impact in commission-eligible roles
- Comprehensive Healthcare Coverage: Medical, dental, and vision insurance through Blue Cross Blue Shield and Unum, with 99% of employee premiums covered and 75% coverage for dependents, with optional buy-up plans available
- Additional Insurance Benefits: FSA and DCFSA, life insurance, short-term disability, and long-term disability through Unum, all 100% employer-paid
- Employee Assistance Program (EAP): Fully funded by Formic, offering support when you need it most
- Paid Parental Leave Program: Up to 12 weeks of paid parental leave
- Company-sponsored 401(k): Invest in your future with our company-facilitated retirement savings plan
- Home Office Stipend: A one-time allowance for fully remote and hybrid employees to support an at-home or on-the-road work setup
- Monthly Cell Phone Reimbursement: Monthly stipend toward personal phone and internet expenses
- Flexible Time Off: Take the time you need, when you need it, supported by our flexible PTO policy
Formic’s pay and equity packages are thoughtfully benchmarked against peer companies at a similar growth stage. Equity represents a meaningful part of our mutual investment: when Formic succeeds, so do you.
Final offers are customized based on experience, geographic location, market considerations, and a candidate’s preferred balance of cash and equity. Our goal is to attract and reward top talent who will have significant impact, and we are open to thoughtful discussions to align on the right structure.
What we look for:
We’re building this company from the ground up, and every person we hire has an outsized impact on our culture, performance, and trajectory. While each team member brings unique strengths and perspectives, we look for people who align with our Operating Principles and embody them in action. If this sounds like you, Formic may be the right place for you!
- Fearless Optimism: You make bold bets and default optimistic. You believe in the mission, aren’t paralyzed by risk, and fear inaction more than failure. You see ambiguity as opportunity and bring energy to building what doesn’t yet exist.
- Create the Magic: You absorb complexity so customers don’t have to. Whether your customer is external or internal, you focus on delivering experiences that are clear, fast, value-added, and outcome-driven. You don’t say “not my job.” You make things work.
- Today, Not Tomorrow: You have a bias to action. You close the loop. You take extreme ownership. You understand that speed compounds, and you don’t confuse activity with results.
- Seek Truth: You think from first principles. You value data over ego and strong opinions loosely held. You’re willing to challenge assumptions, including your own, in pursuit of the best answer.
- Made of Rubber: You are resolute and adaptable. When things break or priorities shift, you rebound stronger. You treat setbacks as learning moments and move forward with grit.
- One Formic: You operate without silos. You practice radical helpfulness, document clearly, and make clean handoffs. You assume positive intent and prioritize team success over individual credit.
Equal Opportunity Employment:
Formic is an equal opportunity employer. We do not discriminate on the basis of race, color, religion or religious creed, sexual orientation, gender, gender identity, marital status, family or parental status, disability, military or veteran status, or any other basis protected by law. All employment decisions are based on a person’s merit, business needs, and role requirements. If you require further accommodations or have questions regarding accessibility of our roles, please reach out to [email protected].
AI Use:
At Formic, fairness and transparency are at the heart of our hiring process. We use AI-powered tools in some interviews to help our teams evaluate candidate responses, but all final hiring decisions are made by humans. You can learn more about how AI is used in our recruitment process by reviewing our AI Hiring Disclosure linked here.
Formic Chicago, Illinois, USA Office
Chicago, IL, United States
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