Fairmarkit: Funding, Investors & Team (Aug 2026)
Fairmarkit is the intelligent sourcing platform that empowers organizations to more efficiently purchase the goods and services they need. By equipping procurement and supply-chain teams with automation and data, Fairmarkit promotes competitive bidding while reducing manual work within existing processes. Leveraged by innovative procurement departments across a number of industries, such as Univision, ServiceNow, and the MBTA, Fairmarkit aims to revolutionize the way organizations make purchases.
Fairmarkit has raised $65.6M across 2 funding rounds on record, the most recent a Series C of $35.6M announced in Sep 2022.
That round is above the $3.5M median round size for Software companies tracked on FundedIQ over the last two years.
Fairmarkit Company Profile and Key Stats
Latest funding round on record: Sep 2022.
Fairmarkit Funding Rounds
Fairmarkit raised $30.0M in an undisclosed round announced in Dec 2020.
1.8 years later, a Series C of $35.6M was announced in Sep 2022.
Fairmarkit Founders and Leadership Team
Contact details for the Fairmarkit team: 1 of 1 has an email address on file.
Start 14-day free trial →Fairmarkit Funding Compared to Other Software Startups
Fairmarkit's latest round of $35.6M is above the median round in Software. Medians cover the last 24 months of disclosed rounds.
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Fairmarkit Funding FAQs
What does Fairmarkit do?
Fairmarkit is the intelligent sourcing platform that empowers organizations to more efficiently purchase the goods and services they need. By equipping procurement and supply-chain teams with automation and data, Fairmarkit promotes competitive bidding while reducing manual work within existing processes. Leveraged by innovative procurement departments across a number of industries, such as Univision, ServiceNow, and the MBTA, Fairmarkit aims to revolutionize the way organizations make purchases.
How much funding has Fairmarkit raised?
Fairmarkit has raised $65.6M across 2 rounds on record. The most recent is a Series C of $35.6M announced in Sep 2022.
When did Fairmarkit last raise funding?
Fairmarkit's most recent funding round on record is a Series C of $35.6M, announced in Sep 2022.
Who is the CEO of Fairmarkit?
Kevin Frechette is listed as CEO at Fairmarkit.
Where is Fairmarkit headquartered?
Fairmarkit is based in Boston, Massachusetts, United States.
How many employees does Fairmarkit have?
Fairmarkit is in the 101-250 employee band.
How does Fairmarkit's funding compare to other Software startups?
Fairmarkit's latest round of $35.6M is above the $3.5M median round size for Software companies on FundedIQ across 950 tracked companies over the last two years.
About FundedIQ's Fairmarkit Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Fairmarkit is left off this page rather than filled in.
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