Overview
News
Technologies
Salaries
Products
People
Growth
Offices
Jobs
Financials

Funding and backers

Total raised
$66.5M
3 rounds on record
Latest round
$35.6M
Series C · Sep 2022 · 4 yr ago
Team
57
US Form 5500 (plan participants) · Dec 2025 · +8% in a year
Hiring now
5
+1 posted in 30 days
Backers
3
Newfund, Notable Capital
The money's age
Long since its last round
48 months since the last round · and hiring
Momentum
23/100
hiring for its size, in the news
Last sign of life
this month
a posting or a news item
Tractionpublic signals, read monthly
Web presence
top 2%
of 133.2M domains by links, Common Crawl
Funding rounds
RoundDateAmountInvestorsSource
Series C Sep 2022 $35.6M — markets.financialcontent.com
Venture round Nov 2020 $30M — SEC Form D
Venture round May 2018 $889k — SEC Form D
Registers and programsofficial lists and records that name the company
Legal entity FairMarkIT, Inc. sec
Founders and leadersfrom filings, registers and the company's site
Kevin FrechetteExecutive Officer, DirectorSEC Form D
Tarek AlaruriExecutive Officer, DirectorSEC Form D
Backed byfrom the funds' portfolios and accelerator catalogs
Similar startupsby what they do, their industry and backers
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How Fairmarkit hires

Truth index
B 75/100
Ghost roles
0%
Stale roles
100%
Reposted roles
0%

Fairmarkit scores B on the Alion truth index (A is best, E worst), measured over 3 open roles re-checked against its own hiring board: 0% look like ghost listings, 100% have gone stale and 0% are the same role posted again. It measures how much of what this employer publishes turns into a real, finite search - not the employer as a workplace. How the index is computed

Overview

Fairmarkit automates sourcing for tail spend purchases. Its models recommend suppliers and run competitive events automatically. The company serves large procurement organisations.

News

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Tech stack

Technologies named in job postings at Fairmarkit over the last 12 months, by layer, with the share of postings for each.
Technologies in use
14
Postings analysed
2
Stack modernity
85/100AI adopter
Languages
Python
Frameworks & libraries
LangChain
AutoGen
CrewAI
LlamaIndex
Cloud & platforms
AWS
Azure
GCP
GitHub
Hugging Face
Developer tools
GraphQL
Rest API
AI & ML
LLM
Practices & domains
AI Agents
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Salary insights

Compensation ranges based on this company's open jobs
Median
$149k
Typical range
$149k
Open positions
1
1 Jobs
Architect 100%
Level Jobs Median Typical range
Architect 1 $149k $149k
Highest paying role Sales Director (UK, Ireland, Netherlands) $149k
Normalized to USD per year

People

Kevin Frechette
Executive Officer, Director
Tarek Alaruri
Executive Officer, Director
Thomas Krane
Director
Lou Shipley
Director
Stephen Gregorio
Director
Jeff Richards
Director
Names and roles come from public filings, company registers and the company's own site. Is this you? Correct or remove

Growth

Hiring Momentum
34/100
Slowing
Open positions
5
0 opened / 0 closed in 30 days
ATS activity
Every ~3 hours
Today
Hiring Dynamics 0%
Hiring Focus
The percentage next to each role is its share of the company's job openings over the last 90 days; the arrow shows the shift versus the previous period.
AI/ML
50% ▼
Customer Success
50% ▲
Activity Timeline
Added Rest API to stack Sep 2026
Added Microsoft Office to stack Sep 2026

Offices

Where the company hires and what each office is for
Cities
5
Hiring now
3
Countries
5
Busiest office
Boston
Loading the map
Headquarters Builds here Office with open vacancies No open vacancies right now Tap a pin for the office
Boston United States
HQ
Remote - US only
2 open roles 1 posted in 90 days 50% engineering 50% remote 50-200 est. staff
hires for AI/ML, Sales
seen since Mar 2026 careers board, job postings
London United Kingdom
Sales office
Europe
1 open roles 100% remote 10-50 est. staff $149k Avg Salary
hires for Sales
seen since Mar 2026 job postings
Warsaw Poland
Support & operations
Poland
1 open roles 1 posted in 90 days 10-50 est. staff
hires for Customer Success
seen since Sep 2026 careers board, job postings
Dubai United Arab Emirates
Regional office
Dubai
careers board
Minsk Belarus
Regional office
Minsk
careers board

Jobs

≈ $128k – $276k per year (Estimated) • Hybrid • Boston
Python
AutoGen
LangChain
LlamaIndex
AI Agents
CrewAI
LLM
Frontend
GraphQL
DevOps
Rest API
GCP
Azure
AWS
Management
ServiceNow
Apply

Financials

Total raised
$66.5M
Latest round
Series C
Funding rounds
3
Funding rounds
Round Announced Amount
Series C 2022 $35.6M Details
Venture - Series Unknown 2020 $30M Details
Venture - Series Unknown 2018 $889k Details