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SaaS · San Francisco, CA
FERMAT
FERMAT is a commerce AI platform that provides enterprise brands with advanced analytics and AI-powered solutions to drive revenue growth. Headquartered in San Francisco with 60 employees across three cities, it serves major clients including GNC, Backcountry, and Glossier as a comprehensive strategic technology partner.
Backed by VMG Partners, Bain Capital Ventures, Courtside Ventures and 2 more
Work at FERMAT?
- Location
- San Francisco
- On-site · 1 role
- Team size
- 51-200
- Founded 2021
- Total raised
- $74M
- Series B · last round Jun '25
- Open roles
- 1
Open positions · 1
About FERMAT
FERMAT is a commerce AI platform headquartered in Telegraph Hill, San Francisco, that serves as a full-service AI partner for large enterprise brands. The company helps enterprises understand their business through advanced analytics and builds AI-powered solutions designed to drive revenue growth. Originally focused on fast-growing Shopify brands, FERMAT has shifted its primary focus to work with major enterprises including GNC, Backcountry, and Glossier. With approximately 60 employees distributed across San Francisco, New York City, and Bangalore, FERMAT operates as a comprehensive AI partner rather than a point solution, positioning itself as a strategic technology advisor for its clients.
Culture & values
Flat engineering structure where every engineer reports directly to the Head of Engineering
Fast-moving team that ships solutions in days, not weeks
Team distributed across SF, NYC, and Bangalore
Tight work cycles with rapid iteration and shipping
Funding
$74Mtotal raised
- Jun 2025 · Series BVMG Partners, QED Investors, Greylock Partners, Courtside Ventures, Bain Capital Ventures$45M
- Mar 2024 · Series ABain Capital Ventures, Greylock Partners, Courtside Ventures, QED Investors$17M
- Sep 2022 · SeedGreylock Partners, QED Investors, Courtside Ventures$12M
- VMG Partners
- Bain Capital Ventures
- Courtside Ventures
- Greylock Partners
- QED Investors
Company at a glance
The team at FERMAT
51-200 peopleSee everyone on LinkedIn
Team breakdown
Team Distribution
- Engineering28%
- Sales & Business Development26%
- Operations & Management23%
- Specialized Functions15%
- Product & Design4%
Where the Team Studied
- 1.Stanford University
- 2.University of Southern California
- 3.University of Pennsylvania
- 4.Birla Institute of Technology and Science, Pilani
- 5.University of Illinois Urbana-Champaign
Team Worked At
- LiveRamp
- PwC
- Attentive
- Braze
- Salesforce
Location
Team Composition
69 people- Engineering and Technical2 senior22
- Product10
- General Management4 senior9
- Sales1 senior6
- Marketing1 senior5
- Finance & Accounting1 senior4
- Human Resources1 senior4
- Operations2
Life at FERMAT
Frequently asked questions
Of 1 open role, FERMAT has 1 on-site position.
FERMAT is based in San Francisco, CA.
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