About FERMÀT
FERMÀT is a company based in San Francisco (United States) founded in 2022 by Shreyas Kumar and Rishabh Jain. It operates as a SaaS (Software-as-a-Service). FERMÀT has raised $74 million across 3 funding rounds from investors including Bain Capital Ventures, Greylock Partners and QED Investors. FERMÀT offers products and services including Commerce Brain, Data Explorer, Experimentation, Commerce Components, and Commerce Experiences. FERMÀT operates in a competitive market with competitors including Klaviyo, Elastic Path Software, Bango, Yotpo and CommerceIQ, among others.
- Headquarter San Francisco, United States
- Founders Shreyas Kumar, Rishabh Jain
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Sectors
TechnologyRetail
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Email
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Phone
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Website
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Social
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- Legal Name Fermàt Commerce
- Date of Incorporation 17 Nov, 2023
- Jurisdiction Bangalore North, Karnataka, India
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$74 M (USD)
in 3 rounds
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Latest Funding Round
$45 M (USD), Series B
May 05, 2025
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Investors
Bain Capital Ventures
& 7 more
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Employee Count
Not available
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Products & Services of FERMÀT
FERMÀT offers a comprehensive portfolio of products and services, including Commerce Brain, Data Explorer, Experimentation, Commerce Components, and Commerce Experiences.
AI-driven platform for optimizing ecommerce shopping experiences.
Tool for analyzing ecommerce data and shopper behavior.
Platform for testing ecommerce funnels and user experiences.
Components for building tailored ecommerce shopping interactions.
Solutions for creating personalized ecommerce customer journeys.
People of FERMÀT
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Funding Insights of FERMÀT
FERMÀT has successfully raised a total of $74M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $45 million completed in May 2025. 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.
Investors in FERMÀT
FERMÀT has secured backing from 8 investors, including venture fund and angel investors. Prominent investors backing the company include Bain Capital Ventures, Greylock Partners and QED Investors.
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Venture capital firm specializing in early-stage tech investments and founder support.
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Venture capital fund investing in early-stage start-ups
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Investor details for FERMÀT
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Investments & Acquisitions by FERMÀT
Investment portfolio details for FERMÀT
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- Portfolio identities
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Financial Statements - FERMÀT
Detailed financials for FERMÀT
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- Profit trends
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Fermàt Comparisons
Peer comparison for FERMÀT
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
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Competitors of FERMÀT
FERMÀT 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 Klaviyo, Elastic Path Software, Bango, Yotpo and CommerceIQ, among others.
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SaaS email marketing solutions are offered to e-commerce businesses.
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API-based enterprise commerce and content management platform is delivered.
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Marketing solutions for e-commerce businesses are provided by Bango.
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Cloud-based marketing platform for e-tailers
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AI platform for retail ecommerce management and optimization is provided.
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SaaS-based promotion software is offered for retail testing.
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Detailed competitors of FERMÀT
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Fermàt
Complete news archive for FERMÀT
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Frequently Asked Questions about FERMÀT
FERMÀT was founded in 2022.
FERMÀT is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Rishabh Jain is the current CEO of FERMÀT. They have also founded this company.
FERMÀT is a funded company, having raised a total of $74M across 3 funding rounds to date.
FERMÀT is established as an AI-native commerce platform designed to enhance shopping experiences through advanced technology. Solutions are provided for enterprises, brands, and agencies across industries such as wellness, beauty, food beverage, and apparel. Tools like Commerce Brain, Data Explorer, and Experimentation are offered to create, test, and refine ecommerce funnels. Personalized customer journeys are enabled using AI-driven insights and real-time data optimization. Features such as custom product display pages, bundle builders, and dynamic offers are integrated to increase average order value and conversion rates. Support is extended to performance marketers, ecommerce heads, and marketing leaders for full-funnel customization.
FERMÀT's top competitors include Klaviyo, CommerceIQ and Yotpo.
FERMÀT offers Commerce Brain, Data Explorer, Experimentation, Commerce Components, and Commerce Experiences.
FERMÀT has 8 investors. Key investors include Bain Capital Ventures, Greylock Partners, QED Investors, Courtside Ventures, and Eric Seufert.