Today we are excited to share that we raised $17M to accelerate our mission: enabling ML powered consumer experiences for ecommerce brands.
We founded FERMÀT to help brands directly engage consumers effectively across all channels. When we talk to marketers, everyone knows that the best consumer journey is one that is specific to the offer, hook, and channel where the consumer engages. It’s clear that having the same website experience for a new collection release email, vs a google search, vs a video ad on social should be different. However, with today’s tools, it’s simply too much work to create unique experiences for each of these cases.
FERMAT is the first and only platform that has solved this problem at scale. Over the last year since we’ve been in market, we’ve served over a hundred high growth brands including True Classic, Jack Archer, mindbodygreen.com, U BEAUTY, and Nood. FERMAT enables brands to offer seamless end-to-end shopping experiences for consumers, resulting in more efficient advertising performance.
And today, we launched FERMAT Forever Links. A simple way for marketers to change the destination of a campaign without needing to edit the link in the creative. Marketers can now keep their best creative in market while easily swapping out the offer, the product, or the entire landing page experience.
Finally, the raise! We’re excited to announce that we’ve raised an additional $17M, bringing our total capital raise to date to over $30M. Notable to us is that we’re partnering with Scott Friend at Bain Capital Ventures who led to the round. Our existing investors at Greylock , QED Investors, and Courtside Ventures also participated, and we’re grateful for how supportive they continue to be. This new capital enables us to be exceptional partners to our brand customers for many years to come.
Reach out to us to learn more about how we can help!
Nice combination of team and investor here - good stuff!