Founded in 2017, FairMarkIT is a Boston-based, tail spend management firm. FairMarkIT uses clients' unstructured tail spend data and delivers functional results to drive business value and automate the procurement process for small to medium sized purchases.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 05/25/18 | undisclosed |
MassVentures Newfund NewStack Ventures VT Technology Ventures | undisclosed | |
| 10/23/19 | $11,000,000 | Series A |
Insight Venture Partners | undisclosed |
| 12/10/20 | $30,000,000 | Series B |
1984 Ventures GGV Capital Insight Partners New Stack Ventures Newfund | undisclosed |
| 09/01/22 | $35,600,000 | Series C |
GGV Capital HighlandX Insight Partners OMERS Growth Equity ServiceNow | undisclosed |
