Rapid Formation is a strategic consulting firm based in Park City, Utah that helps incubate, fund and scale early stage companies. Since its inception in 2009, Rapid has provided strategic consulting to entrepreneurs and leadership teams across a number of industries with a specialization in technology and services.


Rapid Formation works with entrepreneurs to structure and organize their businesses to achieve long-term success.


Rapid Formation works with entrepreneurs to assist in fundraising activities for seed, angel and early series stage funding.


Rapid Formation works with entrepreneurs and their leadership teams to grow and scale ideas into scalable businesses.

Customer Success

We help you scale with confidence.

Rapid Formation engages to help create and implement operational mastery of all aspects of your business. Rapid helps business leaders build scalable processes that are tightly integrated with company culture. Successful integration of scalable processes and company culture creates a valuable platform for growth. This integration is vital to the success of any startup or fast growing company’s future valuation. We help you to grow the overall value of your company and allow you to leverage this value in your fundraising efforts and exit strategies.

Rick Farnell

The Rapid Formation Team

Rick Farnell has a successful track record as an entrepreneur, executive and operator of a number of global technology companies. Rick was the Co-Founder and President of Think Big Analytics, a big data analytics pioneer, acquired by Teradata Corporation (NYSE: TDC). Rick is an advisor to Teradata Corporation, where most recently, he served as Senior Vice President responsible for Teradata’s global consulting business made up of over 5,000 consultants working across 75 countries. Prior to co-founding Think Big Analytics, Rick spent over 20 years in a variety of executive management positions in sales, business development, alliances and consulting for industry leaders such as C-Bridge Internet Solutions (NASDAQ: PRGS) and Sun Microsystems (NYSE: ORCL). At Sun, Rick led the cloud and open source software go-to-market strategy with Amazon Web Services and was involved in the acquisition and integration of software companies SeeBeyond and MySQL.