Fairmarkit logo — Autonomous sourcing for all spend

Fairmarkit

Autonomous sourcing for all spend

Founded 2017 United States Boston, United States 122 employees Series C Total: $77.49M Enterprise Software, Productivity +1

General Information

Company Name Fairmarkit
Founded Year 2017
Location United States Boston, United States +1
Employees 122
Industries Enterprise Software, Productivity, Supply Chain
Funding Stage Series C
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About Fairmarkit

Fairmarkit is an autonomous sourcing platform that helps organizations source more competitively at scale. Procurement teams use Fairmarkit’s AI and GenAI capabilities to manage 10x more events per FTE and uncover $40k in savings per buyer per week. Founded in 2017, Fairmarkit operates in the Enterprise Software, Productivity, and Supply Chain industries and is headquartered in the United States. The company recently secured a $35.60M Series C investment on 01 September 2022, with contributions from leading investors including Insight Partners, Highland Capital Partners, OMERS Growth Equity, ServiceNow, Transform Capital, and Notable Capital.

Taxonomy: Autonomous Sourcing, Procurement, eSourcing, Financial Software, Supply Chain, eProcurement, Automated Sourcing, Intelligent Sourcing, GenAI, Tail Spend Management, Competitive Bidding

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Series C •••••• 6
Investor Investor Investor Investor Investor
•••• ••••
01 Sep 2022
Series B •••••• 4
Investor Investor Investor
•••• ••••
10 Dec 2020
Series A •••••• - 23 Oct 2019
Seed Round •••••• - 01 Jan 2019
Pre Seed Round •••••• - 31 May 2018

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FAQ About Fairmarkit

Autonomous sourcing for all spend
Fairmarkit was founded in 2017.
Fairmarkit is headquartered in Boston, United States.
Fairmarkit operates in the following industries: Enterprise Software, Productivity, Supply Chain.
Fairmarkit has approximately 122 employees.
Fairmarkit has completed 5 funding rounds, raising a total of $77.49M. The latest funding stage is Series C.
Top alternatives and competitors to Fairmarkit include Zone 7, Talents ASCEND®, Consorzio Supermercati Sardi, Madi Ventura S.p.A, Corapel. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Fairmarkit and Zone 7 are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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