Fairmarkit

Fairmarkit

Private
Boston, MassachusettsEnterprise Softwarehttps://www.fairmarkit.com

Last Round

Series C

Sep 1, 2022

Total Funding Raised

$77.49M

Momentum Score

25 /100

Company Overview

Fairmarkit is a procurement technology company that provides an intelligent sourcing platform designed to streamline procurement and spend management by leveraging machine learning to analyze tail spend data and automate decision-making processes.

Sector

Enterprise Software

Verticals

Supply Chain, Workflow Automation, Vertical SaaS, Business Intelligence, NLP & Conversational AI

Business Model

B2B

Customer Profile

Subscription SaaS, Services & Consulting, Government Contracts

AI Layer

Application

Keywords

autonomous sourcingprocurement automationtail spend managementsource-to-payS2Pspend optimizationAI procurementstrategic sourcingsupplier discoverygenerative AIGenAIprocure-to-payP2Pspend managementERP integrationreverse auctionspend analytics

Historical Pricing

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Caplight Momentum Score

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Fairmarkit Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Fairmarkit Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series CSep 1, 2022
Series BDec 10, 2020
Series AOct 23, 2019
SeedMay 24, 2018

Key People

Founding team and executive leadership

Kevin Frechette

Co-Founder CEO

Founding Team

Victor Kushch

Chief Technology Officer

Executive Team

Fairmarkit Investors

Notable investors and investment history

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 20, 2026

    Added Inveniam Capital Partners, Inc. as a customer.

  • Apr 20, 2026

    Added Arauco Na, a forestry/manufacturing company, as a customer.

Fairmarkit Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Fairmarkit Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Fairmarkit's valuation, stock price, and market status.

Firmographic Details

HeadquartersBoston, Massachusetts
Employee Range144
Year Founded2017
Last FundingSep 1, 2022

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