About Fairmart
Fairmart is a company based in Singapore (Singapore) founded in 2020 by Moskovtsov Daniil and Gasparic Jan. Fairmart has raised $1.5 million across 2 funding rounds from investors including Quest Ventures, Entrepreneur First and SOSV. Fairmart offers products and services including Point of Sale, Payments, and E-Commerce. Fairmart operates in a competitive market with competitors including Shopify, Squarespace, Weebly, Webs and Nuvemshop, among others.
- Headquarter Singapore, Singapore
- Founders Moskovtsov Daniil, Gasparic Jan
- SectorsRetail
- Website category Food and Drink · Beverages
- Website fairmart.app
- Social LinkedIn Facebook
- Legal Name Fairmart Technologies Pte. Ltd.
- Total Equity Funding$1.5M (USD)
in 2 rounds
- Latest Funding Round$1.5M (USD), Seed
Apr 2022
- InvestorsQuest Ventures
& 5 more
Products & Services of Fairmart
Fairmart offers a comprehensive portfolio of products and services, including Point of Sale, Payments, and E-Commerce.
Software for managing in-store transactions and sales processes
System for handling secure online and offline transactions
Platform for listing products and managing orders across marketplaces
Funding Insights of Fairmart
Fairmart has successfully raised a total of $1.5M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.5 million completed in April 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $1.5M
- Total Rounds 2
- Last Round Seed — $1.5M
- Investors Count 6
All 2 funding rounds of Fairmart with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2022 | $1.5M | Seed | – | Quest Ventures, Entrepreneur First | |
| Jun 2020 | – | Seed | – | HAX | – |
6 investors in total: 6 institutional.
Investors in Fairmart
Fairmart has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Quest Ventures, Entrepreneur First and SOSV.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startups are funded by Quest Ventures venture capital firm. | – | questventures.com | Singapore, Singapore | |
Provider of a program turning individuals into funded technology company founders | – | joinef.com | London, United Kingdom | |
Venture capital and accelerator services are provided across multiple sectors. | – | sosv.com | Cork, Ireland | |
Startup launcher studio investing primarily in the US and Asia | – | vectr.co | Hong Kong, China | |
Seed-stage startups are funded by this venture capital firm. | – | hustlefund.vc | San Carlos, United States | |
Startups are accelerated via a 111-day program with seed funding. | – | hax.co | San Francisco, United States |
Investor details for Fairmart
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Fairmart
9 people are tracked at Fairmart (4 in leadership, 5 in team).
| Name | Role | Group |
|---|---|---|
Moskovtsov Daniil | Co-Founder & CTO | Leadership |
Gasparic Jan | Co-Founder | Leadership |
Jan Gasparic | Co-Founder & CEO | Leadership |
Daniil Moskovtsov | Co-Founder & CTO | Leadership |
Alexandr Shevelev | Customer Success Manager | Team |
Amr Shalaby | Customer Success Associate | Team |
Isabella Ng | Business Development Manager | Team |
Aung Khant Kyaw | Software Engineer | Team |
Thet Maung Maung Toe | Senior Software Engineer | Team |
Complete people profiles for Fairmart
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Fairmart
3 dated milestones of Fairmart across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Fairmart is founded.
- Funding First funding round.
- Funding Latest funding round, Seed, of $1.5M.
Competitors of Fairmart
Fairmart operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Shopify, Squarespace, Weebly, Webs and Nuvemshop, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| shopify.com | 2006 | Ottawa, Canada | $122.25M | 11,600 | E-commerce storefront solutions are provided for online businesses. | |
| squarespace.com | 2003 | New York, United States | $591.5M | 1,749 | Cloud-based website builder tool | |
| weebly.com | 2007 | San Francisco, United States | $39.81M | 310 | Tools for creating websites and online stores are provided. | |
| webs.com | 2001 | Silver Spring, United States | $23.12M | – | Websites are built without coding via a cloud-based drag-and-drop platform. | |
| nuvemshop.com.br | 2011 | Sao Paulo, Brazil | $632M | – | SaaS solutions for e-commerce store creation and management are provided. | |
| jimdo.com | 2007 | San Francisco, United States | $28.48M | – | Customized websites, blogs, and online stores are created using Jimdo. | |
| ecwid.com | 2009 | Encinitas, United States | $48.5M | 1 | E-commerce platforms are integrated into existing websites and social networks. | |
| demandware.com | 2004 | New York, United States | $64.96M | 678 | Enterprise cloud commerce solutions are provided for retailers and manufacturers. | |
| prestashop.com | 2007 | Paris, France | $13.38M | – | Open-source e-commerce software is developed for online stores. | |
| lummoshop.co.id | 2019 | Jakarta, Indonesia | $149M | – | Storefront solutions are provided for online businesses targeting digital customers. |
Detailed competitors of Fairmart
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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Web traffic of Fairmart
The website of Fairmart (fairmart.app) receives about 38.2K visits a month and ranks #839,264 among all websites worldwide, #2,095 in Beverages.
- Monthly visits38.2K
▼ 16.4% vs previous month
- Unique visitors17.1K
per month
- Global rank#839,264
among all websites
- Category rank#2,095
Food and Drink · Beverages
- Bounce rate42%
- Pages per visit1.5
- Average visit13 sec
- DevicesDesktop 15% · Mobile 85%
Websites whose visitors overlap most with Fairmart. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| paneco.com.sg | 100% | – | #543,081 | View details | |
theliquorshop.com.sg | theliquorshop.com.sg | 99% | – | #2,245,017 | – |
sunshine.com.sg | sunshine.com.sg | 67% | – | – | – |
japanhomeeshop.com | japanhomeeshop.com | 65% | – | #927,214 | – |
meidi-ya.com.sg | meidi-ya.com.sg | 64% | – | #1,339,061 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 13 similar websites and full traffic analytics for Fairmart
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 13 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Fairmart
Complete news archive for Fairmart
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Fairmart
10 companies that operate in the same segment as Fairmart (E-Commerce Enablers & Infrastructure), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.25 B | USD 1.12 B | 62,070 | |
E-commerce storefront solutions are provided for online businesses. | 2006 | Ottawa, Ontario, Canada | USD 122.25 M | USD 8.45 B | 8,100 | |
E-commerce tools for shipping, marketing, and financial services are provided. | 2012 | Gurugram, Haryana, India | USD 344.42 M | USD 135.47 M | 800 | |
Express delivery logistics solutions are provided for businesses and individuals. | 2015 | Bengaluru, Karnataka, India | USD 246.8 M | USD 447.86 M | – | |
Purchase financing solutions are offered to businesses via installment payments. | 2019 | Dubai, Dubai, United Arab Emirates | USD 837 M | – | – | |
SaaS email marketing solutions are offered to e-commerce businesses. | 2012 | Boston, Massachusetts, United States | USD 778.5 M | USD 1.23 B | 2,180 | |
Platform acquiring Amazon FBA brands | 2018 | Walpole, Massachusetts, United States | USD 3.35 B | – | 1 | |
Delivery channels management software is provided for restaurants. | 2015 | Bengaluru, Karnataka, India | USD 32.32 M | USD 2.97 M | 171 | |
Point-of-sale financing is facilitated via an online platform for retailers. | 2016 | Los Angeles, California, United States | USD 158.63 M | – | 128 | |
Digital consumer brands are acquired and enabled by technology platform. | 2004 | Manchester, Greater Manchester, United Kingdom | USD 722.56 M | USD 2.32 B | 6,790 |
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Frequently Asked Questions about Fairmart
Fairmart was founded in 2020.
Fairmart is headquartered in Singapore, Singapore.
Fairmart is a funded company, having raised a total of $1.5M across 2 funding rounds to date.
Fairmart was founded in 2020 in Singapore as a platform focused on e-commerce tools for offline retailers. Services such as automatic product listing, order management, and inventory tracking are offered to streamline operations. The company operates in the retail technology sector, supporting businesses in transitioning to online storefronts from its base in Singapore.
Fairmart's top competitors include Shopify, Squarespace and Weebly.
Fairmart offers Point of Sale, Payments, and E-Commerce.
Fairmart has 6 investors. Key investors include Quest Ventures, Entrepreneur First, SOSV, Vectr Ventures, and Hustle Fund.
Fairmart operates through Fairmart Technologies Pte. Ltd..