Fermat Overview

  • Year Founded
  • 2021

Year Founded

  • Status
  • Private

  • Employees
  • 98

Employees

  • Latest Deal Type
  • Series B

  • Latest Deal Amount
  • $45M

  • Investors
  • 12

Fermat General Information

Description

Developer of an artificial intelligence-powered commerce platform designed to optimize post-click shopping experiences and increase conversion rates for e-commerce brands. The company's platform captures behavioral intelligence and shopper intent signals across channels, generates dynamic product landing pages personalized to campaign and category data, creates shoppable articles optimized for AI search visibility, builds adaptive funnels that respond to shopper behavior and content performance, and integrates with existing ecommerce infrastructure and advertising platforms, enabling ecommerce brands to unify the customer journey across discovery, acquisition, and retention while driving higher purchase intent through seamless, data-driven shopping experiences.

Contact Information

Website
www.fermatcommerce.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 300 Brannan Street
  • Suite 304
  • San Francisco, CA 94107
  • United States
+1 (617)
Primary Industry
Business/Productivity Software
Other Industries
Multimedia and Design Software
Vertical(s)
SaaS, Artificial Intelligence & Machine Learning, E-Commerce
Corporate Office
  • 300 Brannan Street
  • Suite 304
  • San Francisco, CA 94107
  • United States
+1 (617)

Fermat Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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Fermat Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Early Stage VC (Series B) 11-Jun-2025 $45M Completed Generating Revenue
2. Early Stage VC (Series A) 13-Mar-2024 Completed Generating Revenue
1. Seed Round 19-Sep-2022 $12M $12M Completed Generating Revenue
To view Fermat’s complete valuation and funding history, request access »

Fermat Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series B
Series A
Seed-2 5,418,815 $0.000100 $1.55 $1.55 1x $1.55 9.06%
Seed 5,578,241 $0.000100 $0.98 $0.98 1x $0.98 9.33%
To view Fermat’s complete cap table history, request access »

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Fermat Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of an artificial intelligence-powered commerce platform designed to optimize post-click shopping experiences a
Business/Productivity Software
San Francisco, CA
98 As of 2026

Encinitas, CA
 

Irvine, CA
 
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Fermat Competitors (26)

One of Fermat’s 26 competitors is Ecwid, a Formerly PE-Backed company based in Encinitas, CA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Ecwid Formerly PE-Backed Encinitas, CA
Helium 10 Private Equity-Backed Irvine, CA
WooCommerce Corporate Backed or Acquired San Francisco, CA
Bluecore Formerly VC-backed New York, NY
Salesforce Formerly VC-backed San Francisco, CA
You’re viewing 5 of 26 competitors. Get the full list »

Fermat Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Fermat Investors (12)

Investor Name Investor Type Holding Investor Since Participating Rounds
VMG Partners PE/Buyout Minority
Bain Capital Ventures Venture Capital Minority
Greylock Capital Management Hedge Fund Minority
QED Connect Corporation Minority
Courtside VC VC-Backed Company Minority
You’re viewing 5 of 12 investors. Get the full list »

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Fermat FAQs

  • When was Fermat founded?

    Fermat was founded in 2021.

  • Where is Fermat headquartered?

    Fermat is headquartered in San Francisco, CA.

  • What is the size of Fermat?

    Fermat has 98 total employees.

  • What industry is Fermat in?

    Fermat’s primary industry is Business/Productivity Software.

  • Is Fermat a private or public company?

    Fermat is a Private company.

  • What is the current valuation of Fermat?

    The current valuation of Fermat is .

  • What is Fermat’s current revenue?

    The current revenue for Fermat is .

  • How much funding has Fermat raised over time?

    Fermat has raised $74M.

  • Who are Fermat’s investors?

    VMG Partners, Bain Capital Ventures, Greylock Capital Management, QED Connect, and Courtside VC are 5 of 12 investors who have invested in Fermat.

  • Who are Fermat’s competitors?

    Ecwid, Helium 10, WooCommerce, Bluecore, and Salesforce are some of the 26 competitors of Fermat.

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