fairmarkit.comEnterprise Software / ProductivityFounded: 2017Funding to Date: $79.11MM
Fairmarkit is an automated procurement platform that aims to offer teams more efficient sourcing, automated processing, and spend reporting. With a mission to streamline the buying experience, the company features system integrations, autonomous sourcing, supplier recommendations, a global partner community, tail spending, and sourcing intake. Fairmarkit was founded by Nanda Krish in 2017 and is headquartered in Woburn, MA.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
09/01/2022 | Series C | $35.63MM | $xx.xx | $267.11MM | OMERS Growth Equity, GGV Capital, Insight Partners, HighlandX, ServiceNow | |
Price per Share
$xx.xx
Shares Outstanding
6,020,032
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
OMERS Growth Equity, GGV Capital, Insight Partners, HighlandX, ServiceNow
|
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12/10/2020 | Series B | $30MM | $xx.xx | $134.21MM | GGV Capital, Insight Partners, 1984 VC, New Stack, NewFund | |
Price per Share
$xx.xx
Shares Outstanding
7,884,358
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
GGV Capital, Insight Partners, 1984 VC, New Stack, NewFund
|
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10/23/2019 | Series A | $12.59MM | $xx.xx | $34.67MM | Insight Partners | |
Price per Share
$xx.xx
Shares Outstanding
9,642,627
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Insight Partners
|
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05/24/2018 | Series Seed | $888,962 | $xx.xx | $4.44MM | NewFund Capital, NewStack Ventures, MassVentures, VT Technology Ventures | |
Price per Share
$xx.xx
Shares Outstanding
3,635,838
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
NewFund Capital, NewStack Ventures, MassVentures, VT Technology Ventures
|