Sales Development Representative at Formic

Chicago, Illinois, United States

Formic Logo
Not SpecifiedCompensation
Entry Level & New Grad, Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Manufacturing, Robotics, AutomationIndustries

Requirements

  • 1-2 years of experience and demonstrated success meeting and exceeding KPIs in a structured outbound sales environment
  • Ability to work a hybrid schedule (3+ days/week) in Woodridge, IL headquarters
  • Natural curiosity and enjoyment of learning about businesses, products, and processes
  • Capability of communicating effectively with C-Level, VP, and Director prospects through phone and email
  • Process-driven mentality: understanding that actions create outcomes, detail-oriented while moving quickly
  • Comfort operating in a fast-paced environment
  • Action-oriented: proven ability to initiate tasks independently and adapt swiftly to feedback
  • Strong motivation to succeed and build a sales career
  • Desire to work in a team environment

Responsibilities

  • Generate awareness for Formic through identifying and prospecting accounts (from SMB/Mid-Market to Fortune 1000)
  • Drive marketing qualified leads (MQLs) and set appointments for the sales team
  • Follow up with warm leads (form fills, webinar attendees, trade shows, etc.)
  • Create outbound prospecting lists to email, call, and connect with on social platforms
  • Monitor website traffic to identify high intent prospects for outbound contact
  • Generate and test sequences to continuously improve conversion rates
  • Leverage the tech stack of HubSpot, Salesforce.com, LinkedIn, ZoomInfo and more to connect with prospects
  • Collaborate and encourage team members to drive success

Skills

Prospecting
Lead Generation
Cold Calling
CRM
Sales Outreach
Marketing Collaboration
Sales Collaboration

Formic

Affordable factory automation solutions on demand

About Formic

Formic makes factory automation accessible and affordable for businesses by offering flexible automation solutions without significant upfront costs. Clients pay a low hourly rate for the use of automation systems, while Formic manages deployment, monitoring, and maintenance. The company tailors its solutions to meet specific client needs and provides 24/7 support, ensuring high reliability with a historical uptime of 99%. Formic's goal is to simplify the automation process, helping businesses improve efficiency and reduce labor costs.

Chicago, IllinoisHeadquarters
2020Year Founded
$57.5MTotal Funding
SERIES_ACompany Stage
Robotics & Automation, Industrial & ManufacturingIndustries
51-200Employees

Benefits

99% coverage for Medical, dental, & vision insurance plans (75% coverage for dependents)
Life insurance, Short Term Disability, & Long Term Disability plans
Employee Assistance Program
Paid parental leave
Equity
Company-sponsored 401k
$2,000 Home office allowance
Monthly phone & internet reimbursement
Flexible time off policy and 10+ company holidays
Bi-annual all-company retreats

Risks

Competition from established players like Waymo could overshadow Formic's market presence.
Rapid technological advancements may render Formic's offerings obsolete without continuous innovation.
Economic downturns could challenge Formic's pay-as-you-go revenue model.

Differentiation

Formic offers a pay-as-you-go model for automation, reducing financial risk.
The company provides 24/7 monitoring and maintenance, ensuring 99% uptime for clients.
Formic's tailored solutions adapt to specific client needs, enhancing operational efficiency.

Upsides

Formic secured $27.4 million in Series A financing, boosting growth potential.
Partnership with Mitsubishi enhances Formic's automation expertise and customer value.
Strategic leadership additions focus on scaling operations and financial infrastructure.

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