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Fairmarkit

One Beacon St. FL 15 Boston, Massachusetts 02108, US
https://www.fairmarkit.com/
Enterprise AI
Fairmarkit is an enterprise procurement platform that automates the sourcing of indirect and tail spend using machine learning and workflow automation. The company connects buying organizations with a dynamic supplier marketplace to accelerate sourcing cycles, increase compliance, and improve cost outcomes for decentralized procurement processes.

Leadership & Board

Current Number of Employees147
Current LinkedIn Followers16,216

Latest Estimated Valuation

Estimated Valuation―
Estimated Valuation―
Total Amount Raised$36M
Total Amount Raised$36M
Total Funding Rounds1
Total Funding Rounds1
Latest Funding Amount$36M
Latest Funding Amount$36M
Latest Funding RoundSeries C
Latest Funding RoundSeries C
Post-Money Valuation―
Post-Money Valuation―

Company Momentum Positive

Articles Published on TipRanks7
Articles Published on TipRanks
7
LinkedIn Trend+0.56% followers
LinkedIn Trend
+0.56% followers
Workforce Trend+0.7% employees
Workforce Trend
+0.7% employees
Fairmarkit LinkedIn following is increasing, signaling rising market interest, while its workforce is growing, indicating business expansion.
Company Momentum indicates whether the company is gaining or losing traction over time. This proprietary TipRanks metric analyzes changes in a company’s workforce and LinkedIn follower trends, balancing these signals together to generate an overall momentum sentiment.

Funding Round

Funding Date
Funding Round
Amount Raised
Post-Money Valuation
Oct 01, 2022
Series C
$35.60M
―

Investors

Investor Name
Funding Round
OMERS Growth Equity
Series C

Related News and Analysis

Fairmarkit Advances ‘Total Agentic Sourcing’ Strategy With AI-Focused Procurement Push

Fairmarkit Advances ‘Total Agentic Sourcing’ Strategy With AI-Focused Procurement Push

Fairmarkit spent the week sharpening its message around “Total Agentic Sourcing,” positioning AI agents to manage procurement workflows...
1d ago
FAIRM
Fairmarkit Positions Agentic AI Sourcing Platform Amid Growing Procurement Tech Competition

Fairmarkit Positions Agentic AI Sourcing Platform Amid Growing Procurement Tech Competition

According to a recent LinkedIn post from Fairmarkit, the company is featured in the latest ProcureTech Pulse from...
2d ago
FAIRM
Fairmarkit Positions Agentic Sourcing Platform Amid Intensifying Procurement AI Competition

Fairmarkit Positions Agentic Sourcing Platform Amid Intensifying Procurement AI Competition

According to a recent LinkedIn post from Fairmarkit, the company is featured in the latest ProcureTech Pulse from...
2d ago
FAIRM
Fairmarkit Positions Agentic Sourcing as New Model for AI-Driven Procurement

Fairmarkit Positions Agentic Sourcing as New Model for AI-Driven Procurement

A LinkedIn post from Fairmarkit highlights the company’s focus on “agentic sourcing” as an emerging operating model in...
3d ago
FAIRM
Fairmarkit Emphasizes Agentic AI Strategy in Procurement Sourcing

Fairmarkit Emphasizes Agentic AI Strategy in Procurement Sourcing

A LinkedIn post from Fairmarkit highlights commentary from Co‑founder and CTO Victor Kushch on the concept of “agentic...
3d ago
FAIRM
Fairmarkit Positions AI-Driven Sourcing as Enterprise Procurement Opportunity

Fairmarkit Positions AI-Driven Sourcing as Enterprise Procurement Opportunity

A LinkedIn post from Fairmarkit highlights the company’s focus on what it describes as “Total Agentic Sourcing,” positioning...
4d ago
FAIRM
Fairmarkit Positions AI-Driven Total Agentic Sourcing for Broader Enterprise Procurement

Fairmarkit Positions AI-Driven Total Agentic Sourcing for Broader Enterprise Procurement

According to a recent LinkedIn post from Fairmarkit, the company is emphasizing what it describes as “Total Agentic...
4d ago
FAIRM
Fairmarkit Sharpens AI-Oriented Sourcing and Orchestration Strategy in Active Week

Fairmarkit Sharpens AI-Oriented Sourcing and Orchestration Strategy in Active Week

Fairmarkit featured prominently this week as it sharpened its narrative around AI-driven sourcing and workflow orchestration in enterprise...
8d ago
FAIRM
Fairmarkit Emphasizes Orchestration to Unlock Value From Predictive AI in Supply Chains

Fairmarkit Emphasizes Orchestration to Unlock Value From Predictive AI in Supply Chains

According to a recent LinkedIn post from Fairmarkit, the company is drawing attention to ongoing challenges in how...
9d ago
FAIRM
Fairmarkit Highlights AI-Oriented Workflow Orchestration in Supply Chain

Fairmarkit Highlights AI-Oriented Workflow Orchestration in Supply Chain

According to a recent LinkedIn post from Fairmarkit, the company is emphasizing the gap between advanced predictive AI...
9d ago
FAIRM