Fairmarkit Revenue and Competitors
Estimated Revenue & Valuation
- Fairmarkit's estimated annual revenue is currently $17.6M per year.
- Fairmarkit received $30M in venture funding in December 2020.
- Fairmarkit's estimated revenue per employee is $130,000
- Fairmarkit's total funding is $41.9M.
Employee Data
- Fairmarkit has 135 Employees.
- Fairmarkit grew their employee count by -13% last year.
Fairmarkit's People
| Name | Title | Email/Phone |
|---|---|---|
1 | COO & Co-Founder | Reveal Email/Phone |
2 | CEO & Co-founder | Reveal Email/Phone |
3 | Co-Founder & CEO | Reveal Email/Phone |
4 | Co-founder | Reveal Email/Phone |
5 | Chief Customer Officer | Reveal Email/Phone |
6 | Chief Staff | Reveal Email/Phone |
7 | SVP Sales | Reveal Email/Phone |
8 | VP Product Innovation | Reveal Email/Phone |
9 | VP, Growth & Marketing | Reveal Email/Phone |
10 | VP Partnerships & Business Development | Reveal Email/Phone |
Fairmarkit Competitors & AlternativesAdd Company
| Competitor Name | Revenue | Number of Employees | Employee Growth | Total Funding | Valuation |
|---|---|---|---|---|---|
#1 | $90.3M | 547 | -10% | $1.1B | $2.7B |
#2 | $102.6M | 557 | 24% | $27M | N/A |
#3 | $42.4M | 282 | -4% | $208.1M | N/A |
#4 | $29.8M | 198 | 0% | $31.8M | N/A |
#5 | $0.4M | 11 | -21% | $13.9M | N/A |
#6 | $4.7M | 43 | 5% | $60.3M | N/A |
#7 | $0.3M | 4 | N/A | N/A | N/A |
#8 | $18M | 124 | 16% | N/A | N/A |
#9 | $2241.3M | 5249 | N/A | N/A | N/A |
#10 | $10.8M | 77 | N/A | N/A | N/A |
#11 | $8.3M | 66 | -10% | N/A | N/A |
#12 | $7.6M | 58 | N/A | N/A | N/A |
#13 | $0.2M | 3 | N/A | N/A | N/A |
#14 | $1.4M | 16 | N/A | N/A | N/A |
#15 | $1.7M | 19 | N/A | N/A | N/A |
What Is Fairmarkit?
Fairmarkit's SaaS platform automates the control and optimization of tail spend purchases. While tail spend accounts for about 20% of annual spend, tail spend comprises 80% of a business's total vendors and purchases, making it a management nightmare. Fairmarkit's automated processes increase transparency, yielding greater efficiencies and reducing spend by 6-12%.
keywords:fintech, saas
$41.9M
Total Funding
135
Number of Employees
$17.6M
Revenue (est)
-13%
Employee Growth %
N/A
Valuation
N/A
Accelerator
Fairmarkit News
ProfileGorilla, Finly, Fairmarkit, ViClarity, UpGuard, Latitude WMS, Whistic. The report provides a good overview of the key macroeconomic...
Fairmarkit, a Boston, MA-based intelligent sourcing platform for the procurement of goods and services for large enterprises, raised $30m in Series B funding. The round was co-led by GGV Capital and Insight Partners, with participation from 1984 VC, New Stack, and NewFund. As part of the round, ...
As the pandemic has raged on, it has shone a spotlight on the importance of procurement, especially in certain sectors. Fairmarkit, a Boston startup, is working to bring a modern digital procurement system to the enterprise. Today, the company announced a $30 million Series B. GGV Capital and I ...
Fairmarkit, a Boston, MA-based intelligent sourcing platform for the procurement of goods and services for large enterprises, raised $30m in Series B funding. The round was co-led by GGV Capital and Insight Partners, with participation from 1984 VC, New Stack, and NewFund. As part of the round, ...
Other Companies in Boston
| Company Name | Revenue | Number of Employees | Employee Growth | Total Funding |
|---|---|---|---|---|
#1 | $27.5M | 135 | -15% | $50M |
#2 | $33.2M | 135 | 27% | N/A |
#3 | $19.6M | 135 | N/A | N/A |
#4 | $43.6M | 135 | N/A | N/A |
#5 | $33.8M | 135 | 38% | N/A |
Fairmarkit Funding
| Date | Amount | Round | Lead Investors | Reference |
|---|---|---|---|---|
| 2020-12-10 | $30M | B | GGV Capital, Insight Partners | Article |