# Fermat Commerce

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/fermat-commerce

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.fermatcommerce.com
- Total disclosed funding: $65M
- Latest round: Series B (May 5, 2025)
- Investors on record: 5

## About

Based in California, US, and founded in 2021 by CEO Rishabh Jain and CTO Shreyas Kumar, Fermat Commerce, Inc., a.k.a. Fermat provides the tooling and the network to help brands embed shopping experiences in influencer content, so the influencer's audience has a native, engaging shopping experience. In September 2022, Fermat Commerce raised USD 12 million in seed funding led by Greylock Partners and QED Investors, with participation from Courtside Ventures.

Fermat provides an application that offers creator-driven commerce to merchants and content creators using e-commerce enablement platforms, such as Shopify to power their stores. The application allows brands to make their products discoverable by influencers and shoppable by their audiences, as well as understand which influencer partnerships are increasing ROI, engage new customers, and access visibility into influencer marketing campaigns and understand the consumer journey. For influencers, the company provides no-code tools to build an immersive, native shopping experience with brand collaborators along with keeping their audiences engaged with them in their social media content.

Fermat plans to use its proceeds from September 2022 funding to accelerate the acquisition for brands and audience engagement for influencers.

## Funding rounds

- Series B, May 5, 2025, $40M — Bain Capital, Greylock Partners, VMG Partners, QED Investors, Courtside Ventures
- Series A, Dec 15, 2023, $17M — Bain Capital, Greylock Partners, QED Investors, Courtside Ventures
- Seed, Jul 29, 2022, $8.3M — Greylock Partners, QED Investors, Courtside Ventures

## Investors

- Greylock Partners (https://capitalatlas.ai/funds/greylock-partners) — Seed, Series A, Series B
- QED Investors (https://capitalatlas.ai/funds/qed-investors) — Seed, Series A, Series B
- Courtside Ventures (https://capitalatlas.ai/funds/courtside-ventures) — Seed, Series A, Series B
- Bain Capital (https://capitalatlas.ai/funds/bain-capital) — Series A, Series B
- VMG Partners (https://capitalatlas.ai/funds/vmg-partners) — Series B