Tech Company Financing Transactions
FairMarkIT Funding Round
MassVentures, New Stack Ventures and Newfund participated in a capital raise for FairMarkIT. The financing round closed on 5/25/2018.
Transaction Overview
Company Name
Announced On
5/25/2018
Transaction Type
Venture Equity
Amount
Unknown
Round
Undisclosed
Proceeds Purpose
FairMarkIT plans to use the new funds to scale their team to support their growing customer base.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
4 Copley Pl.
Boston, MA 02116
USA
Boston, MA 02116
USA
Phone
Website
Email Address
Overview
Over the years, procurement organizations have focused on the larger savings opportunities and deployed their resources accordingly. But the shift to cloud, the sharing of data, and the proliferation of suppliers and eCommerce solutions has opened the door for tail spend management and the need for procurement to revisit the risks and opportunities.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Kevin Frechette
Chief Operating Officer
Tarek Alaruri
Chief Technical Officer
Victor Kushch
VP - Bus. Development
Erin McFarlane
VP - Customer Service
Dean Vassiliou
VP - Engineering
Andrew Kenney
VP - Engineering
Andrew Timonin
VP - Finance
Maddy Karolian
VP - Marketing
Benjamin Winter
VP - Product Management
Kelly McStay
VP - Sales
Michael Metcalf
Browse more venture capital transactions:
Prev: 5/25/2018: Conga venture capital transaction
Next: 5/25/2018: The Block venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on tech company VC transactions. VC investment data records reported here are derived from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs