Fermat
Fermat develops content commerce tools for brands and creators to embed shopping experiences directly on their sites, keeping customers on-page.
Secondary Market Price
Secondary Market Price
How Fermat Measures Up
To help you manage your Fermat equity, Prospect has run the company through our machine learning model.
Prospect Rating
10X
Our rating indicates we project Fermat could be worth at least 10 times its current value in the next four years. For an employee with stock, this rating signifies the potential for a tenfold return on their equity if the company succeeds.
Exit Risk
High Risk
Our High Risk rating for Fermat indicates a lower likelihood of the company reaching a liquidity event for its employees compared to other startups, primarily due to its early stage of development.
Funding Stage
Series B
Since Fermat is at the Series B stage, it means they've found their footing and are focused on scaling up. For you, this offers a sweet spot between the raw risk of an early-stage startup and the rigid structure of a large corporation.
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Prospect Projected Future Fermat Prices
Prospect’s machine learning model has been trained on the same data top-tier investors use to project the likely range of outcomes for Fermat's equity. Create a free account to view 10th-90th percentile projections over 2, 4, and 6 years.
Powerful tools to earn more from your equity
Company Description
Fermat operates a commerce platform that enables brands and creators to build customized shopping experiences. The company's software allows for the creation of distinct online stores tailored to specific content or marketing campaigns, with the goal of increasing conversion rates. For example, homecare company BISSELL used the platform to increase conversions by 54%, while another client, De Soi, reduced its customer acquisition costs by 31% for a product launch. The platform also provides headless checkout infrastructure and integrates with e-commerce systems like Shopify. Fermat was founded in 2021 by Rishabh Jain and Shreyas Kumar and is headquartered in San Francisco, California.
The company is focused on expanding its platform's capabilities, particularly in social commerce that uses machine learning. A recent development was the announcement of a $17 million Series A funding round on March 13, 2024, intended to support this growth. Fermat continues to form partnerships and participate in industry events to demonstrate its technology. Recent collaborations include a case study with Travelpro Products, Inc. that showed how SMS messaging was turned into a revenue channel, and a partnership with the agency Avenue Z that resulted in a tenfold increase in landing page production for its clients.
- VMG Partners
- QED Investors
- Greylock
- Bain Capital Ventures
- Courtside Ventures
- Co-Founder, CEO Henri Stern
- Co-Founder, Robin Berjon
Peer Group Comparison
Vs Peer Group of >$4B Startups
Frequently Asked Questions
Joining Anduril as an employee is another way to acquire equity, typically through stock options included in compensation packages.
Is Fermat worth joining?
Fermat is a high-risk, early-stage startup backed by notable investors like Greylock, but whether it's the right fit depends on your personal risk tolerance and career goals. To make an informed decision, you can use platforms like Prospect to independently evaluate the company's potential and what your equity could be worth.
What should I do with my Fermat stock?
Managing stock in a private company like Fermat involves tracking vesting schedules and understanding the tax implications of exercising options. Tools offered by Prospect can help you create a personalized strategy for your equity, modeling scenarios to optimize tax outcomes and maximize value.
Can you sell Fermat stock?
As Fermat is a private company, its stock is not traded on public exchanges like the NYSE or NASDAQ. Selling shares is typically only possible during specific events like a tender offer or a secondary sale, which may be infrequent.
How can I find the value of my Fermat stock?
Determining the precise value of stock in a private company is difficult, as it isn't publicly priced. You can use platforms like Prospect, which leverage proprietary models to help forecast the future value of your shares based on market data and company performance.
What is Fermat's equity worth?
Fermat's most recent valuation is estimated to be between $0 and $100 million, following a total funding of $20-30 million. The specific worth of your equity grant would be a small percentage of the company's total valuation at any given time.
What is Fermat's stock ticker symbol?
Fermat does not have a stock ticker symbol because it is a private company. Ticker symbols are only assigned to companies whose shares are listed and traded on a public stock exchange.
Can I buy or sell Fermat stock?
You cannot buy Fermat stock on a public market, and selling is generally restricted to specific liquidity events organized by the company. Platforms like Prospect offer tools to help employees prepare for and navigate these selling opportunities, such as tender offers.
What is the criteria to buy or invest in Fermat stock?
As a private, venture-backed startup, investment opportunities in Fermat are typically limited to institutional investors and accredited investors during organized funding rounds. The stock is not available for purchase by the general public on any open market.
