GGV Capital and Insight Partners led a $30m Series B investment round in Fairmarkit.

GGV Capital and Insight Partners, private equity firms, led a $30m Series B investment round in Fairmarkit, a provider of software solutions. “Their team is focused on companies that are solving massive problems in ways that will create a lasting impact on the way companies function. Along with Insight Partners, this investment will greatly advance our ability to bring data-backed insights and efficiencies to enterprise procurement processes,” Kevin Frechette, Fairmarkit Co-founder and CEO