Overview
Product Information on Fairmarkit
Updated 13th October 2025
What is Fairmarkit?
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Head of Purchase
<50M USD, ManufacturingFAVORABLE
“Exploring Fairmarkit: An AI Solution for Streamlined Business Purchases”
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CRITICAL
About Company
Company Description
Fairmarkit, an autonomous sourcing platform, provides a beneficial solution for procurement teams by leveraging automation and AI. The predominant issue it addresses is managing high volume procurement events more efficiently and realizing cost savings. The platform offers AI-powered supplier recommendations, enabling procurement teams to manage a significantly higher number of events per employee while simultaneously identifying potential savings.
Company Details
Company type
Private
Year Founded
2017
Head office location
Boston, United States
Number of employees
51 - 200
Website
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Fairmarkit Reviews and Ratings
- Head of Purchase<50M USDManufacturingReview Source
Exploring Fairmarkit: An AI Solution for Streamlined Business Purchases
Fairmarkit is an AI-driven platform designed to help enterprises streamline their sourcing of non-strategic, low-value purchases. It also reduces manual work, improve cost efficiency, and enhance supplier competition.
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