FERMÀT raises $45M in Series B funding led by VMG Partners to enhance AI-driven commerce experiences for brands.
FERMÀT raises $45M in Series B funding led by VMG Partners to enhance AI-driven commerce experiences for brands.
06/11/25, 2:40 PM
Location
san franciscoMoney raised
$45 million
Industry
information technology
Round Type
series b
Investors
Courtside Ventures, Bain Capital Ventures, Greylock, Qed Investors, Vmg Partners
FERMÀT has announced the completion of a $45 million Series B funding round led by VMG Partners. This investment will help accelerate the platform's mission to provide hyper-personalized commerce experiences. Other contributors include QED Investors, Greylock, Bain Capital Ventures, and Courtside Ventures. With this funding, FERMÀT aims to empower brands to deliver tailored shopping journeys.
Company Info
Location
san francisco, california, united states
Additional Info
FERMAT is a startup that provides a seamless end-to-end shopping experience for consumers and greater advertising performance for commerce brands using AI and machine learning. It was founded in November 2021 by Rishabh Jain and Shreyas Kumar, former LiveRamp product and engineering executives.