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Fermat Commerce

Distributed commerce company

Fermat Commerce logo
21-100 employees
  • B2B
  • Marketing
  • SaaS
  • Social Media
  • Consumer Goods
China Basin, San Francisco, CA

Company mission

To enable direct commerce inside of content.

Our take

The rise of social media has awarded substantial social currency to influencer culture. Fermàt Commerce enables brands to embed shopping inside of influencer content, allowing consumers to do their online shopping whilst engaging with their daily content.

The eCommerce ecosystem has seen recent change with privacy policies, like the recent Apple privacy shift that prevents third-party cookie tracking, massively increasing the cost of discovering new customers. CEO, Rishabh Jain, was well placed to tackle this industry problem coming from LiveRamp. He understood the necessity of allowing brands to effectively scale first-party interactions and own first-party data.

Although relatively young, Fermàt’s integrated and frictionless solution for brands and influencers alike has raised funding from Greylock and QED Investors. This capital will see operations scale up, further product development, and increased partnerships, akin to that with Shopify.

Freddie headshot

Freddie

Company Specialist at Welcome to the Jungle

Benefits

  • Competitive cash compensation and equity
  • Health, Dental, Vision and Life insurance with 100% premium covered for individual + children
  • Unlimited PTO (minimum of 4 weeks a year) / sick leave
  • Child or elder care stipend
  • 401(k) plan with matching
  • Fitness reimbursement
  • WFH reimbursement
  • Remote friendly with flexible working hours
  • Fully paid parental leave for 4 months

Funding (2 rounds)

Mar 2024

$17m

SERIES A

Sep 2022

$12m

SEED

Total funding: $29m

This company has top investors

Leadership

Rishabh Jain

(CEO & Co-founder)

Previously co-founded OpenLab app and Invisergy, acting as CEO for both. Spent nearly 6 years at LiveRamp, eventually as Vice President/Head of Innovation and New Business Initiatives.

Shreyas Kumar

(Co-founder)

Spent over 7 years at LiveRamp, eventually as Senior Director of Engineering. Studied and taught at Harvey Mudd College until 2014.