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Fairmarkit raises $30M Series B to Expand AI-Powered Procurement Platform for the Fortune 500 and Beyond BOSTON--(Business Wire)--Fairmarkit, the intelligent sourcing platform that is transforming the procurement of goods and services for large enterprises, announced today that it has raised a $30 million Series B investment round co-led by GGV Capital and Insight Partners, with continued support from 1984 VC, New Stack, and NewFund. As part of the round, Jeff Richards, Partner at GGV Capital, will be joining the Fairmarkit Board of Directors, effective immediately. Fairmarkit’s automated...

Fairmarkit Raises $30M Series B to Expand AI-Powered Procurement Platform Fairmarkit’s automated solution equips procurement and supply chain teams for some of the world’s leading enterprises with the tools they need to more effectively and efficiently source critical goods and services. December 10, 2020 Pexels Fairmarkit, the intelligent sourcing platform that is transforming the procurement of goods and services for large enterprises, raised a $30 million Series B investment round co-led by GGV Capital and Insight Partners, with continued support from 1984 VC, New Stack and NewFund...