Fairmarkit
27 School St, Boston, Massachusetts, United States
How Fairmarkit hit $70.9M revenue and 2.5K customers in 2020.
Fairmarkit is a sourcing platform that uses artificial intelligence to optimize and automate the purchasing process for businesses. It helps companies save time and money by streamlining vendor selection, negotiation, and contract management.
2017
Founded
$70.9M
2020 Revenue
-----
YOY
$77.5M
Funding
Fairmarkit Revenue
In 2020, Fairmarkit revenue run rate hit $70.9M in revenue.
-
2020
Fairmarkit hit $70.9M in revenue in 2020
-
2017
Fairmarkit launched in 2017 with $0 revenue
Fairmarkit Funding History
-
2020
Fairmarkit raised a of in December, 2020
-
2020
Fairmarkit raised a of in October, 2020
-
2018
Fairmarkit raised a of in May, 2018
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| December, 10 2020 | |||
| October, 23 2020 | |||
| May, 21 2018 |
Team
Fairmarkit has 146 total employees and 24 sales reps that carry a quota. They have 2,500 customers an engineering team of 40 and a marketing team of 8.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 146 |
| Engineer | 40 (27%) |
| Sales | 24 (16%) |
| Marketing | 8 (5%) |
Founder / CEO
Kevin Frechette
Q&A
-
What's your age?
-
-
Favorite online tool?
-
-
Favorite book?
-
-
Favorite CEO?
-
-
Advice for 20 year old self
-
Customers
Churn
Fairmarkit Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Kevin Frechette | CEO | [email protected] | - |
Fairmarkit Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Kevin Frechette | CEO | [email protected] | - |
Frequently Asked Questions about Fairmarkit
-
When was Fairmarkit founded?
Fairmarkit was founded in 2017.
-
How much revenue does Fairmarkit generate?
Fairmarkit generates $70.9M in revenue.
-
Who is the CEO of Fairmarkit
The CEO of Fairmarkit is Kevin Frechette.
-
How much funding does Fairmarkit have?
Fairmarkit raised $77.5M.
-
How many employees does Fairmarkit have?
Fairmarkit has 146 employees.
-
Where is Fairmarkit headquarters?
Fairmarkit is headquartered at 27 School St, Boston, Massachusetts, United States
People Also Viewed
Funnel
Funnelleasing is a company that provides leasing solutions for businesses. They offer a wide range of leasing options for equipment, vehicles, and other assets. Their goal is to help businesses acquire the resources they need to grow and succeed.
Cloudinary
Cloudinary empowers companies to deliver visual experiences that inspire and connect by unleashing the full potential of their media.
Skuad
Skuad is a digital payroll platform to build, pay, and manage globally distributed teams.
Gigster
Gigster is the first team intelligence engine, enabling software development teams to achieve 30% higher efficiency.
Crowdfire
Crowdfire is a powerful Social Media Management tool for brands, businesses, agencies and individuals all around the world. Level-up your game with Social Media CRM, Advanced analytics, post scheduler, content curator and more!
SirionLabs
SirionLabs is a leading provider of enterprise contract management software. They offer a comprehensive platform that helps businesses manage and optimize their contract lifecycle from creation to renewal. With advanced features such as AI-powered contract analytics and performance management, SirionLabs enables organizations to drive greater value from their contracts and improve overall contract governance. Their solution is trusted by top companies across various industries, including Fortune 500 firms.