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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 Employees146
Current LinkedIn Followers16,100

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 TipRanks2
Articles Published on TipRanks
2
LinkedIn Trend+0.11% followers
LinkedIn Trend
+0.11% followers
Workforce Trend+0.0% employees
Workforce Trend
+0.0% 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 Sponsors Research on AI-Driven Procurement Trends Through 2026

Fairmarkit Sponsors Research on AI-Driven Procurement Trends Through 2026

According to a recent LinkedIn post from Fairmarkit, the company is highlighting a new Ardent Partners research report,...
4d ago
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AI and Macro Volatility Elevate Strategic Role of Procurement by 2026

AI and Macro Volatility Elevate Strategic Role of Procurement by 2026

A LinkedIn post from Fairmarkit highlights a sponsored research report from Ardent Partners that examines how artificial intelligence...
4d ago
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Fairmarkit Highlights Data-Driven Procurement Insights With Launch of Weekly Source Report

Fairmarkit Highlights Data-Driven Procurement Insights With Launch of Weekly Source Report

According to a recent LinkedIn post from Fairmarkit, the company is highlighting the breadth and granularity of modern...
5d ago
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Fairmarkit Highlights New Initiative to Track Enterprise Procurement Trends

Fairmarkit Highlights New Initiative to Track Enterprise Procurement Trends

According to a recent LinkedIn post from Fairmarkit, the company is highlighting examples of highly specific and sometimes...
6d ago
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Fairmarkit Targets Procurement Intake Inefficiencies With KIT Workflow Tool

Fairmarkit Targets Procurement Intake Inefficiencies With KIT Workflow Tool

A LinkedIn post from Fairmarkit highlights inefficiencies in traditional procurement intake processes and positions the company’s KIT offering...
12d ago
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Fairmarkit Emphasizes Intake Modernization in Procurement Workflow Strategy

Fairmarkit Emphasizes Intake Modernization in Procurement Workflow Strategy

A LinkedIn post from Fairmarkit highlights a focus on modernizing the earliest stage of procurement workflows, emphasizing that...
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