FERMÀT

FERMAT empowers retailers to create unique, personalized shopping journeys for each customer.

Latest funding

$45M Series B+ · June 11, 2025

Led by VMG Partners · Source: prnewswire.com

All 2 rounds ↓

Website: fermatcommerce.com.

X: @fermatcommerce · 1,519 followers.

LinkedIn: fermat-commerce.

Categories: Sales and marketing Education Commerce and retail.

Stage: Series B+.

Based in: San Francisco, United States.

Last round: Jun 11, 2025 · 522 days ago.

On Recent Funding since: Sep 29, 2026.

Signals

X account@fermatcommerce · created Apr 23, 2021 (5 years old) · 1,519 followers

Website registeredDec 1, 2020 (5 years old)

About FERMÀT

Utilizing AI and machine learning, FERMAT offers an end-to-end shopping experience from ad to sale, enhancing advertising performance for commerce brands.

TIMELINE · MONEY RAISED

FERMÀT | 1198 days from website to first raise on record

@fermatcommerce·Raised $45M in 1 sourced round·2 signals before the first raise

Money raised, round by round (amounts linked to their source). Pins are dated signals; hover the icons for dates.

Funding rounds

Date	Round	Amount	Lead	Source
Jun 11, 2025	Series B+	$45M	VVMG Partners	prnewswire.com
Mar 13, 2024	Series A	undisclosed	—	fundraisingfox.com

Timeline

April 23, 2021
X account created
December 1, 2020
Website created

Founders and team

RJ
Rishabh Jain CEO / Co Founder

@rishabhmjain · source: fermatcommerce.com
SK
Shreyas Kumar CTO / Co Founder

source: fermatcommerce.com

Investors

Companies like FERMÀT

Other companies backed by VMG Partners

GGradial$65M Series B+ · Jun 2026
AAfresh Technologies$34M Series B+ · Apr 2026
LLyric$43.5M Series B+ · Aug 2025
BBoulevard$80M Series B+ · Jul 2025
TTracksuit$25M Series B+ · Jun 2025
CClaim$12M Series A · Oct 2024

VMG Partners portfolio →

Sources and API

Every amount links to the page it came from. * Estimated from an accelerator's published standard deal, not a company-specific disclosure. How Recent Funding sources and verifies funding data. The same data as JSON: /api/v1/companies/fermat (get a free API key).