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Fairmarkit

Fairmarkit

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

Last Round

Series C

Sep 1, 2022

Est. Valuation

$270M

Total Funding Raised

$77.49M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

Fairmarkit is a procurement technology company that provides an autonomous sourcing platform designed to streamline procurement and spend management by leveraging AI and machine learning to automate sourcing workflows.

Sector

Enterprise Software

Verticals

Supply Chain, Workflow Automation, Enterprise Resource Planning, NLP & Conversational AI

Business Model

B2B

Customer Profile

Subscription SaaS, Services & Consulting

AI Layer

Application

Keywords

procurement automationagentic AIautonomous sourcingAI procurementprocuretechenterprise resource planningERPrequest for quoteRFxsupplier managementAI agentsspend managementworkflow automationSaaS procurementautonomous enterprise

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Fairmarkit Comparables

Compare Fairmarkit with similar companies based on industry and business-model similarity.

Fairmarkit comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Arkestro
86%
Keelvar
85%
ORO Labs
85%

Fairmarkit Funding Rounds

Historical fundraising activity

Data table
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

Fairmarkit investors
InvestorRounds
Notable CapitalSeries C, Series B
MassVenturesSeed
OMERS Growth EquitySeries C
Newstack VenturesSeed, Series A, Series B
Highland Capital PartnersSeries C
AccompliceSeed
Transform CapitalSeries C

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.

Data table
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 Range146
Year Founded2017
Last FundingSep 1, 2022

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