Fairmarkit, Inc.

Malden, MA · Founded 2017 · CIK 0001742342 · Software

AI-powered autonomous sourcing platform for enterprise procurement automation

fairmarkit.com →
Grants
—
No SBIR or STTR on record
Sector median: 0
Raised
$42M
3 Form D · Dec 2020
70 months since last filing
Contracts
—
No federal contracts on record
Patents
1
0 granted · 1 pending
Sector median: 0

Capital Timeline

Federal above the line · equity below · node area scaled to amount
Capital and federal award history
DateEventSourceAmount
Private capital raisedForm D · SEC$888,963
Private capital raisedForm D · SEC$10,918,942
Private capital raisedForm D · SEC$29,999,982
Form D · SEC

Peer position

Software · 4096 companies · ranked on federal contract value
Software companies ranked by federal contract value
#CompanyContractsDisclosed equity
1685Imagry Inc.—$6.1M
1686LeadScorz Inc.—$5.9M
1687COGNITOPS INC.—$15M
1688Fairmarkit, Inc.—$42M
1689Chaty Holdings LLC—$75K
1690Nara Logics, Inc.—$18M
1691ikeGPS Group Ltd—$2.8M

Ranked on federal contract value rather than capital raised. The equity column is the comparison worth making — companies at the same procurement position often sit at very different points in their funding history.

Founders & Team

From Form D filings · 6 related persons
  • Tarek AlaruriDirector · Executive Officer
  • Kevin FrechetteDirector · Executive Officer
  • Stephen GregorioDirector
  • Thomas KraneDirector
  • Jeff RichardsDirector
  • Lou ShipleyDirector

Patents

USPTO · 0 granted of 1
  • Methods and Systems for Vendor Selection for Enterprise Resource Planning Systemsapplication