What does FERMÀT do?
Fermàt delivers an AI-native commerce platform that leverages a proprietary commerce graph to generate personalized shopping experiences, increasing engagement and conversion for brands.
How much did they raise?
The company secured $45M in its Series B round, led by VMG Partners with participation from QED Investors, Greylock, Bain Capital Ventures, and Courtside Ventures.
What are their plans for the money?
The funds will be used to further enhance its AI-powered platform, driving innovation and expanding the technology behind personalized e-commerce journeys to boost advertising effectiveness and consumer engagement.
What have they achieved so far?
Since its founding in November 2021 by Rishabh Jain and Shreyas Kumar, Fermàt has launched several innovative products that underline its commitment to transforming digital commerce through advanced AI technology.
