Episode #277 of The VentureFizz Podcast features Kevin Frechette - Co-Founder & CEO of Fairmarkit.
Who are the tech companies in the Boston tech scene that are going to scale and become the next anchor companies like Rapid7, CarGurus, Amwell, or DraftKings?
If I was pulling together a list of companies, I would definitely add Fairmarkit to the short-list. The company is revolutionizing the way organizations buy and sell through automated sourcing. It is a massive market in a sector that has been vastly underserved in terms of leveraging technological advancements like AI. Plus, regardless of economic conditions, procurement teams are always going to be looking for ways to reduce expense and automate business processes.
Fairmarket recently announced a $35.6M Series C led by OMERS Growth Equity, with participation from GGV Capital, Insight Partners, Highland Capital Partners, and ServiceNow.
In this episode of our podcast, we cover:
- Advice on taking that entrepreneurial risk of starting a company.
- The beginning of Kevin’s professional journey and how sales helped propel his career at tech companies like EMC and Turbonomic.
- The full story of Fairmarkit from the very early days of an idea to where it is today.
- The benefits of having an executive coach.
- And so much more.
