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Announced

Completed

Bain Capital Ventures led a $17m Series A round in FERMAT.

Financials

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Transaction Value£13m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Acquisition

Venture Capital

Completed

Single Bidder

e-commerce platform

E-commerce

Domestic

Minority

Private

Private Equity

Friendly

Synopsis

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Bain Capital Ventures, an asset management company, led a $17m Series A round in FERMAT, an influencer-driven e-commerce platform, with participation from Greylock, QED Investors and Courtside Ventures. “Privacy has forever changed customer acquisition online into a world where unique, one-to-one journeys are no longer a nice-to-have but a necessity in order to engage consumers online. FERMAT ushers in a future where merchants have the ability to show a unique shopping journey for every online touchpoint. Consumers will expect native experiences," Rishabh Jain, FERMAT CEO and Co-Founder.

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