About FERMÀT
FERMÀT is a Technology company based in San Francisco (United States) founded in 2022 by Shreyas Kumar and Rishabh Jain. Influencer marketing solutions are provided for brands and agencies. It operates on a SaaS (Software-as-a-Service) model in Technology and Retail sectors. FERMÀT has raised $74 million across 3 funding rounds from investors including Bain Capital Ventures, Greylock Partners and QED Investors. Its chief executive, as recorded, is Rishabh Jain. Its website fermatcommerce.com draws about 39 thousand monthly visits. Its Indian entity Fermat Commerce India Private Limited reported revenue of ₹7.24 Cr. FERMÀT offers products and services including Commerce Brain, Data Explorer, Experimentation, Commerce Components, and Commerce Experiences. Its focus areas include Ecommerce Solutions and AI Commerce Platforms. Its competitors include Klaviyo, Yotpo and CommerceIQ; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters San Francisco, United States
- Founders Shreyas Kumar, Rishabh Jain
- SectorsTechnologyRetail
- Website category Business and Consumer Services · Business Services
- Email••••••••
- Website fermatcommerce.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Fermàt Commerce
- Date of Incorporation 17 Nov, 2023
- Jurisdiction Bangalore, Karnataka, India
- Indian entity revenue₹7.24 Cr
FY 2025
- Indian entity net profit₹77.2 Lakh
FY 2025 · 11% margin
- Indian entity EBITDA₹1.05 Cr
FY 2025 · 15% margin
- Total Equity Funding$74M (USD)
in 3 rounds
- Latest Funding Round$45M (USD), Series B
May 2025
- InvestorsBain Capital Ventures
& 7 more
Associated legal entities of FERMÀT
FERMÀT operates through Fermat Commerce India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Fermat Commerce India Private Limited CIN U62099KA2023FTC180977 | Active | 17 Nov 2023 | Bangalore, Karnataka | ₹7.2 Cr | 2 | View details |
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.
Apps and channels of FERMÀT
its YouTube channel FERMÀT has 408 subscribers and 30 videos.
Videos from FERMÀT
The most watched videos on FERMÀT's YouTube channel, FERMÀT (408 subscribers). Click a video to play it here.
More on FERMÀT.
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.
- Total Funding $74M
- Total Rounds 3
- Last Round Series B — $45M
- First Round $12M
(Sep 2022)
- Investors Count 8
All 3 funding rounds of FERMÀT 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 |
|---|---|---|---|---|---|
| May 2025 | $45M | Series B | – | VMG Partners | |
| Dec 2023 | $17M | Series A | – | Bain Capital Ventures | |
| Sep 2022 | $12M | Seed | – | Greylock, QED Investors |
8 investors in total: 5 institutional and 3 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund focused on investing in multiple sectors | baincapitalventures.com | Boston, United States | ||
Venture capital firm specializing in early-stage tech investments and founder support. | 1965 | greylock.com | ||
Venture capital fund investing in early-stage start-ups | qedinvestors.com | Alexandria, United States | ||
Seed and early-stage tech investments are managed by Courtside Ventures. | courtsidevc.com | New York, United States | ||
Multi-sector company acquisitions are managed by VMG Partners. | vmgpartners.com | San Francisco, United States | ||
ES Eric Seufert | Angel investor, mobile strategist, and author focused on tech and gaming. | unknown_7572b99a5d7e4e36a | ||
JJ Joel Jewitt | Angel investor focusing on Indian startups, ex-banker with global experience | unknown_b60490c7315d40128 | ||
BF Ben Faw | Angel investor and co-founder of Bestow, focusing on insurtech and fintech. | unknown_1b687e7125a64e398 |
Investor details for FERMÀT
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Fermat Commerce India Private Limited (FERMÀT)
Fermat Commerce India Private Limited is the primary company behind FERMÀT. The board of Fermat Commerce India Private Limited currently have 2 directors; the longest-serving is Shreyas Kumar, appointed in 2023.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shreyas Kumar DIN 10393246 | Director | 17 Nov 2023 | 2 yrs 11 mo | Fermat Commerce India Private Limited |
| Jayakumar Kulakada DIN 00483478 | Director | 17 Nov 2023 | 2 yrs 11 mo | Fermat Commerce India Private Limited |
People of FERMÀT
30 people are tracked at FERMÀT (9 in leadership, 21 in team).
| Name | Role | Group |
|---|---|---|
| Co-Founder & CTO | Leadership | |
Rishabh Jain | Co-Founder & CEO | Leadership |
Evelyn Xue | VP Of Finance + Operations | Leadership |
Supriya Ramesh | Head of Design | Leadership |
Rabah Rahil | CMO | Leadership |
Steeve Vakeeswaran | Vice President, Expansion | Leadership |
Alexa Kilroy | Head Of Ecommerce Marketing (vp Of Marketing) | Leadership |
Isabel O'Keefe | Head Of Growth Management | Leadership |
Gillian Roth | Head Of Enterprise Sales | Leadership |
Abigail McCrummen | Talent Sourcer | Team |
Rajat Mittal | Engineering Manager | Team |
Monica Wilson | Senior Product Designer | Team |
Austin Gandy | Founding Engineer | Team |
Jules N. | Staff Software Engineer | Team |
Alex Harelick | Software Engineer | Team |
Tejal Chitodkar | Senior Software Engineer | Team |
Joshua Feiber | Engineering Manager, Consumer Experience Team | Team |
Ankit Sahay | Senior Software Engineer | Team |
Mukul Varshney | Manager, Product Operations | Team |
Tanmay Agrawal | Software Engineer | Team |
10 more people are available in the full profile.
Complete people profiles for FERMÀT
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.
Financials of FERMÀT
Figures of Fermat Commerce India Private Limited, the primary company behind FERMÀT, for FY 2025. Revenue was ₹7.24 Cr. Net profit was ₹77.2 Lakh (11% margin). EBITDA was ₹1.05 Cr (15% margin).
- ₹7.24 CrRevenue · FY 2025
- ₹77.2 LakhNet profit · 11% margin
- ₹1.05 CrEBITDA · 15% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Fermat Commerce India Private Limited are on its company page.
Detailed financial statements for FERMÀT
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of FERMÀT
3 dated milestones of FERMÀT across 3 years, from founding to its latest funding, stage changes and deals.
- Founded FERMÀT is founded.
- Funding First funding round of $12.0M.
- Funding Latest funding round, Series B, of $45.0M.
Competitors of FERMÀT
FERMÀT has 3 listed competitors in our database, 3 of them funded. They include Klaviyo, Yotpo and CommerceIQ.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| klaviyo.com | 2012 | Boston, United States | $778.5M | 1,454 | SaaS email marketing solutions are offered to e-commerce businesses. | |
| yotpo.com | 2011 | New York, United States | $436M | Cloud-based marketing platform for e-tailers | ||
| commerceiq.ai | 2012 | Mountain View, United States | $195.5M | 256 | AI platform for retail ecommerce management and optimization is provided. |
Detailed competitors of FERMÀT
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Web traffic of FERMÀT
The website of FERMÀT (fermatcommerce.com) receives about 39.2K visits a month and ranks #760,406 among all websites worldwide, #6,114 in Business Services.
- Monthly visits39.2K
▼ 4.3% vs previous month
- Unique visitors17.5K
per month
- Global rank#760,406
among all websites
- Category rank#6,114
Business and Consumer Services · Business Services
- Bounce rate41%
- Pages per visit2.0
- Average visit30 sec
- DevicesDesktop 45% · Mobile 55%
Websites whose visitors overlap most with FERMÀT. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| shipium.com | 100% | 10.7K | #2,317,642 | View details | |
| redseer.com | 100% | 28.9K | #1,164,724 | View details | |
| getshogun.com | 100% | 143.5K | #279,328 | View details | |
| extensiv.com | 100% | 568.1K | #58,379 | View details | |
| frictionless-commerce.com | 60% | 5.1K | #3,808,237 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 18 similar websites and full traffic analytics for FERMÀT
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 18 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Brand & Marketing Technology
3 companies that operate in the same segment as FERMÀT (Brand & Marketing Technology) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
SaaS email marketing solutions are offered to e-commerce businesses. | 2012 | Boston, Massachusetts, United States | USD 778.5 M | USD 1.23 B | 3,008 | |
Platform acquiring Amazon FBA brands | 2018 | Walpole, Massachusetts, United States | USD 3.4 B | 233 | ||
SaaS-based collaborative commerce solutions are provided for brands and retailers. | 2000 | New York, New York, United States | USD 365 M | USD 240.52 M | 2,144 |
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Related news about 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 CEO of FERMÀT, as recorded in our data. They have also founded this company.
FERMÀT is a funded company, having raised a total of $74M across 3 funding rounds to date. The company's 1st funding round was a Seed of $12M, raised on Sep 2022.
The primary company behind FERMÀT, Fermat Commerce India Private Limited, reported revenue of ₹7.24 Cr for FY 2025.
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.
FERMÀT operates through Fermat Commerce India Private Limited.
The legal entities of FERMÀT currently have 2 directors, including Shreyas Kumar, Jayakumar Kulakada.