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Fairmarkit's Overview

Total employees123
HeadquartersBoston
Founded2017

Fairmarkit is a pioneering technology company at the forefront of procurement transformation. Its intelligent sourcing platform leverages AI and automation to help enterprises streamline the purchasing process for goods and services, particularly for tail spend. By enabling competitive bidding and providing actionable data insights, Fairmarkit empowers procurement teams to reduce manual effort, achieve significant cost savings, improve supplier diversity, and enhance compliance. The platform is designed for ease of use, integrating seamlessly with existing ERP and procure-to-pay systems, making strategic sourcing accessible for every purchase.

Where is Fairmarkit's Headquarters?

HQ Function

The Boston headquarters serves as the central hub for Fairmarkit's operations, including executive leadership, product development, engineering, sales, marketing, and customer support.

Notable Features:

Located in a prominent building within the Prudential Center complex, the office likely features modern amenities, collaborative workspaces, and technology infrastructure conducive to innovation and teamwork, reflecting the dynamic nature of the tech industry.

Work Culture:

Fairmarkit fosters a dynamic and innovative work culture centered around its core values: 'Own It,' 'Customer Obsessed,' 'Raise the Bar,' 'Stronger Together,' and 'Be Transparent.' The environment encourages collaboration, data-driven decision-making, and continuous learning, with a strong focus on solving complex procurement challenges for their clients.

HQ Significance:

The Boston headquarters is strategically important, placing Fairmarkit within a rich ecosystem of tech talent, academic institutions, and enterprise businesses, facilitating growth, partnerships, and innovation in the procurement technology space.

Values Reflected in HQ: The headquarters likely reflects Fairmarkit's values through open and collaborative workspaces ('Stronger Together', 'Be Transparent'), technology-enabled meeting rooms ('Raise the Bar'), and an environment that encourages focused work and innovation ('Own It').

Location:

While headquartered in Boston, Fairmarkit serves a global clientele, including large enterprises across North America, Europe, and other regions. Their cloud-based platform is accessible worldwide, and they support international customers through a combination of direct engagement and a distributed team, ensuring global procurement operations can leverage their intelligent sourcing solutions.

Street Address:

800 Boylston Street, Suite 2475

City:

Boston

State/Province:

MA

Country:

USA

Fairmarkit's Global Presence

Distributed/Remote

Address: N/A

To attract diverse talent and provide localized support to clients and partners in different time zones.

Buying Intent Signals for Fairmarkit

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of Fairmarkit

As of April 2025, Fairmarkit' leadership includes:

Kevin Frechette - Co-founder & CEO
Tarek Alaruri - Co-founder & COO
Anna Schulman - Chief Revenue Officer
Luis Figueira - Chief Financial Officer
Dave Cavell - SVP, Head of Public Sector
Erin McCarthy - SVP, Marketing
Dan Bell - SVP, Product
Lauren Stapleton - VP, People

Investors of Fairmarkit

Fairmarkit has been backed by several prominent investors over the years, including:

Insight Partners
GGV Capital
Highland Capital Partners
MassMutual Ventures
OMERS Ventures
ServiceNow Ventures
Salesforce Ventures
BoxGroup

Executive New Hires/Exits in the Last 12 Months

Hire2
Exits0

Fairmarkit has strengthened its executive team in the past year with key C-suite appointments, notably in revenue and finance, to support its growth trajectory. No prominent executive departures have been publicly announced during this period.

New Appointments:

Anna Schulman, Anna Schulman appointed as Chief Revenue Officer to drive Fairmarkit's revenue growth and go-to-market strategy.
Luis Figueira, Luis Figueira appointed as Chief Financial Officer to lead Fairmarkit's financial operations and strategy.

Technology (Tech Stack) used by Fairmarkit

Discover the tools Fairmarkit uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Fairmarkit Email Formats and Examples

Fairmarkit primarily utilizes the [first].[last]@fairmarkit.com email format for its employees (e.g., jane.doe@fairmarkit.com). This is a common and professional structure in many technology companies and generally has a high success rate for deliverability when attempting to contact individuals within the organization.

[first].[last]@fairmarkit.com

Format

jane.doe@fairmarkit.com

Example

95%

Success rate

News and media

Business WireNovember 1, 2023

Fairmarkit Appoints Anna Schulman as Chief Revenue Officer

Fairmarkit announced the appointment of Anna Schulman as its new Chief Revenue Officer (CRO). Schulman will lead Fairmarkit’s global sales, customer success, and partnership teams, focusing on the company's go-to-market strategy and revenue growth....more

Business WireAugust 22, 2023

Fairmarkit Appoints Luis Figueira as Chief Financial Officer

Fairmarkit announced the appointment of Luis Figueira as Chief Financial Officer (CFO). Figueira will oversee all aspects of Fairmarkit’s financial operations, including finance, accounting, legal, and investor relations, to support the company's continued growth....more

fairmarkit.comOctober 25, 2023

Fairmarkit Named to GCV Capital's 2023 SMB Tech 50 List

Fairmarkit announced its inclusion in GGV Capital's 2023 SMB Tech 50 list, a recognition that highlights the most promising private software companies serving small and medium-sized businesses (SMBs)....more

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