Figures vs Forma

Side-by-side comparison of AI visibility scores, market position, and capabilities

Forma leads in AI visibility (62 vs 37)
Figures logo

Figures

EmergingGlobal Payroll & Compensation Management

Compensation Benchmarking

Figures raised €10M+ for crowdsourced real-time comp benchmarking and pay equity analytics for European tech companies across France, Germany, UK, and Spain; founded 2020, Paris.

AI VisibilityBeta
Overall Score
D37
Category Rank
#2 of 2
AI Consensus
90%
Trend
up
Per Platform
ChatGPT
41
Perplexity
40
Gemini
40

About

Figures was founded in 2020 in Paris, France and raised over €10M to build a compensation benchmarking and pay equity platform specifically designed for European technology companies. The company recognized that most compensation data in Europe was either US-centric, outdated, or locked in expensive analyst subscriptions, and built a crowdsourced compensation database with real-time data from tech companies across France, Germany, the UK, Spain, and other European markets.\n\nThe platform allows HR leaders and compensation managers to benchmark salaries, equity grants, and total compensation packages against relevant peer companies using role, seniority, location, company stage, and industry filters. Figures also provides pay equity analysis tools that help companies identify and address gender and demographic pay gaps within their organizations, which is increasingly important as European pay transparency regulations come into force across EU member states.\n\nFigures integrates with HRIS systems to automate the data submission process for contributing companies, reducing the friction of participation in its benchmarking network and improving data freshness. The company competes against Radford, CompensationTool, and global platforms like Pave and Assemble in the compensation benchmarking category, with its European tech focus and pay equity capabilities as its primary differentiators.

Full profile
Forma logo

Forma

ChallengerHR Tech

Benefits Administration

Forma (San Francisco) is a flexible benefits platform offering personalized lifestyle spending accounts across wellness, learning, and childcare categories; raised $40M Series B; formerly known as Twic.

AI VisibilityBeta
Overall Score
B62
Category Rank
#4 of 7
AI Consensus
62%
Trend
up
Per Platform
ChatGPT
53
Perplexity
54
Gemini
61

About

Forma is a San Francisco-based flexible benefits platform that replaces rigid, one-size-fits-all benefit plans with personalized lifestyle spending accounts (LSAs). Employers set a budget and define eligible categories—wellness, learning, home office, childcare, and more—while employees spend through a dedicated Forma card or reimbursement portal. The platform integrates with major HRIS and payroll systems, giving HR teams real-time utilization data and compliance controls without administrative overhead. Founded in 2017 and formerly known as Twic, Forma raised $40M in Series B funding and counts hundreds of mid-market and enterprise employers among its customers.\n\nForma's product philosophy centers on benefit equity: every employee receives the same dollar value but can allocate it toward what matters most to their individual life stage and circumstances. The platform supports dozens of pre-configured spending categories and allows custom merchant rules, giving employers flexibility to align benefits with their culture and values. Employees access their balance via a mobile app, web portal, or physical card, and Forma handles receipts, compliance categorization, and IRS substantiation automatically.\n\nIn a competitive HR tech market increasingly focused on total rewards differentiation, Forma positions itself as an antidote to benefit fragmentation. Rather than managing separate vendors for gym reimbursements, tuition assistance, and commuter benefits, HR teams consolidate everything into a single LSA or multi-account structure. The company targets the 200-to-5,000-employee segment where benefits complexity is high but enterprise HRIS platforms often lack native LSA tooling.

Full profile

AI Visibility Head-to-Head

37
Overall Score
62
#2
Category Rank
#4
90
AI Consensus
62
up
Trend
up
41
ChatGPT
53
40
Perplexity
54
40
Gemini
61
37
Claude
67
39
Grok
53

Key Details

Category
Compensation Benchmarking
Benefits Administration
Tier
Emerging
Challenger
Entity Type
brand
brand

Capabilities & Ecosystem

Capabilities

Only Figures
Compensation Benchmarking
Only Forma
Benefits Administration

Integrations

Only Forma

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