Fermat Commerce, Inc.

SAN FRANCISCO, CA · Founded 2021 · CIK 0001953621 · Software

AI agents that analyze shopper behavior data and automate commerce decision-making

fermatcommerce.com →
Grants
—
No SBIR or STTR on record
Sector median: 0
Raised
$65M
3 Form D · Jun 2025
16 months since last filing
Contracts
—
No federal contracts on record
Patents
—
No published records under this name
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$8,265,991
Private capital raisedForm D · SEC$16,999,991
Private capital raisedForm D · SEC$39,999,993
Form D · SEC

Peer position

Software · 4096 companies · ranked on federal contract value
Software companies ranked by federal contract value
#CompanyContractsDisclosed equity
2462Last Lock Inc.—$1.5M
2463Apricot AI, LLC—$25K
2464Rhizome Data Inc.—$9.8M
2465Fermat Commerce, Inc.—$65M
2466PhotoRoom Inc.—$51M
2467MyStreme, Inc.—$10K
2468REVEAL TECHNOLOGY, INC.—$28M

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 · 4 related persons
  • Scott FriendDirector
  • Indranil GuhaDirector
  • Rishabh JainDirector · Executive Officer · Promoter
  • Shreyas KumarDirector · Executive Officer