#Fairmarkit

[procurement-insights]

What is the difference between the 2003 and 2023 "digital" outcomes?

The more things change, the more they stay the same!

August 2003 Case Reference By August 2003, a full production program was introduced and successfully tested. (In the test case, a major public sector organization realized a 23% cost of goods savings annually over a period of several years while simultaneously reducing the number of buyers required to manage the contract to 3 from an original 23. Delivery performance and product quality also…

[justyournewsworld]

Fairmarkit, a platform that automates enterprise procurement of goods like office or cleaning supplies and services, raises $11M Series A (Kyle Wiggers/VentureBeat)

Kyle Wiggers / VentureBeat: Fairmarkit, a platform that automates enterprise procurement of goods like office or cleaning supplies and services, raises $11M Series A  —  Tail spend — the purchases enterprises make outside their large, ongoing expenses — is a tricky business.  While direct spend is usually well managed …

[digital-roadmap-management]

Guest Webinar: The clock is ticking on digital transformation

Dear readers

This week, I would like to share the webinar of fairmarkit.com with you. Fairmarkit is a startup in the area of digital procurement solutions, enabling customers to automate their processes. Apart from their product, one of their strengths are their webinars on digital transformation in the area of supply chain and logistics for which they manage to recruit quite interesting speakers.

In this webinar, they discuss the unique challenges of transforming a global procurement operation and how to mitigate those challenges to avoid roadblocks. Participants in the webinar include procurement leaders from JPMorgan Chase, Pfizer, Thermo Fisher Scientific, and The Hackett Group.

Click here to be forwarded to their website and to access the webinar:

https://www.fairmarkit.com/webinars/clock-ticking-digital-transformation?utm_source=website

[davidraudalesuk]

The Briefing: US Sues Facebook And Gets Reply, Cleo Raises $44M For Finance Bot, And More

US sues Facebook for monopolistic practices, gets reply

The U.S. Federal Trade Commission filed suit against Facebook, alleging that the company is illegally maintaining its personal social networking monopoly through a years-long course of anticompetitive conduct.

The filing follows a lengthy investigation in cooperation with a coalition of attorneys general of 46 states, the District of Columbia, and Guam. The suit alleges that Facebook has engaged in a systematic strategy—including its 2012 acquisition of Instagram, its 2014 acquisition of the mobile messaging app WhatsApp, and the imposition of anticompetitive conditions on software developers—to eliminate threats to its monopoly.

In its online response, Facebook called the charges “revisionist history,” given that regulators had signed off on these acquisitions years ago, arguing that “this is simply not how the antitrust laws are supposed to work.”

Funding rounds

Tempus secures $200M for precision medicine: Tempus, which focuses on artificial intelligence and precision medicine, announced an additional $200 million in Series G-2 financing at a post-money valuation of $8.1 billion dollars, and an additional $250 million of convertible debt. The investors include Baillie Gifford, Franklin Templeton, Google and Novo Holdings, as well as funds and accounts managed by T. Rowe Price.

Cityblock Health closes on $160M to tackle health care inequity: Cityblock Health, a health care provider for lower-income communities, announced $160 million in a Series C funding round and a valuation of over $1 billion. New Cityblock investor General Catalyst led the round.

SQUIRE lands $59M for barbershop platform: SQUIRE Technologies, a platform for barbershops around the world to operate and scale their businesses successfully, secured $59 million in a Series C funding round led by ICONIQ Capital.

CallRail rings in $56M for marketing platform: CallRail, a marketing and analytics platform, raised $56 million in investment from existing investors Sageview Capital and Leaders Fund.

CG Oncology raises $47M for cancer treatments: CG Oncology, a clinical-stage biotech company developing oncolytic immunotherapies, closed $47 million in Series D financing led by new investor Kissei Pharmaceutical.

Cleo raises $44M for financial advice bot: London-based Cleo, developer of an app and chatbot designed as a financial assistant, raised $44 million in Series B funding led by EQT Ventures.

Elation Health inks $40M for primary care platform: Elation Health, which creates patient care management software for independent primary care physicians, announced $40 million in Series C funding led by Generation Investment Management.

Fairmarkit secures $30M for procurement platform: Fairmarkit, a sourcing platform for the procurement of goods and services for large enterprises, raised a $30 million Series B investment round co-led by GGV Capital and Insight Partners.

Orbex raises $24M for reusable rockets: U.K.-based space startup Orbex, which is developing small payload reusable rockets, raised $24 million in a new funding round led by BGF and Octopus Ventures.

Boast.ai raises $23M to find tax credits: Boast.ai, a software company that automates the complex process of claiming R&D tax credits in the U.S. and Canada, announced $23 million in a Series A round led by Radian Capital.

Upvest inks 5 million euros for Series A: Upvest, a startup offering European securities API to fintechs, raised an additional 5 million euros in funding, led by Earlybird, enabling it to close its Series A at 12 million euros.

Planet FWD secures $2.5M for snack brand: Planet FWD, a company tackling climate change through the expansion of climate-friendly food, announced $2.5 million in seed plus funding, led by Emerson Collective, as well as the launch of its Moonshot climate-friendly snack brand.

NOW Insurance raises $1.25M: NOW Insurance, an AI-enabled insurance platform that matches small business owners with affordable coverage plans, secured an additional $1.25 million in seed funding led by The MFO Group. The company has raised $2.5 million since 2019.

New fund

Upper90 raises $195M for fund: Upper90, an alternative credit fund, brought in $195 million to provide founder-friendly credit and equity to e-commerce, enterprise and fintech startups.

[metabloks]

Fairmarkit raises $11 million to automate procurement with machine learning https://ift.tt/2oX69Uo

[americanfreighttrucking]

Five Providers of Procurement Technology Named IDC Innovators

Five Providers of Procurement Technology Named IDC Innovators

FRAMINGHAM, Mass.–(BUSINESS WIRE)–International Data Corporation (IDC) today published an IDC Innovators report profiling five companies that are leveraging cloud and other technologies to address the workflows of procurement and supply professionals. The five companies named IDC Innovators are FairMarkIT, LVRG, SirionLabs, tealbook, and Vizibl.

Automation of the procurement process from…

[muzaffar1969]

https://ift.tt/1zOTteM

Fairmarkit Announces New Board Of Directors & Univision Communications Customer Webinar Nov. 14th  PR Newswire (press release)Full coverage

November 01, 2018 at 11:50PM https://prn.to/2QcnaSA from https://prn.to/2QcnaSA

[b2binfographic]

Marketing Intern at FairMarkIT

Job Description Are you a social media wiz kid? If you have a knack for marketing and would like to work in a fun, fast-paced environment, we want to talk to you! FairMarkIT is looking for a few rock stars to join our sales team this summer. Role:  -Create and manage social media postings. -Perform social listening and engage with active uers. -Write fun and unique blog content. -Contact and engage guest bloggers and media. -Work on analytics projects to improve blog content and strategy. -Assist with photoshoots, from scheduling to staging and styling. Requirements:  -Currently pursuing a degree -Able to commit to 10+ hours a week. -Have fantastic writing and communication skills. -Well versed in social media marketing techniques, Hootsuite experience a plus. -Understanding of the industry and our business' mission What we offer?  -We are a startup so you will have a big role but don't worry, we will coach you along the way. -Flexible scheduling -Formal letter of reference highlighting your contributions and accomplishments throughout the term (3 months). -Help w. your resume & introductions to former colleagues. Our startup is growing and the top performing interns will receive offers for paid part-time or full-time positions. Read the full article

[visualcontenting]

Marketing Intern at FairMarkIT

Marketing Intern at @fairmarkit #jobsboard

Job Description Are you a social media wiz kid? If you have a knack for marketing and would like to work in a fun, fast-paced environment, we want to talk to you! FairMarkIT is looking for a few rock stars to join our sales team this summer. Role:  -Create and manage social media postings. -Perform social listening and engage with active uers. -Write fun and unique blog content. -Contact and…

[pavel-nosok]

Fairmarkit’s AI-fueled platform delivers autonomous procurement sourcing

Fairmarkit’s AI-fueled platform delivers autonomous procurement sourcing

Companies tend to divide their procurement spending into two main buckets. The first is large purchases over $500,000 with some starting at $1 million, depending on the size of the organization. Anything below that figure falls under a category known as “tail spend.” Boston-based startup Fairmarkit has been working on a tail spend procurement solution for several years now, and has built a modern…

[muzaffar1969]

https://ift.tt/1zOTteM

Fairmarkit Announces New Board Of Directors & Univision Communications Customer Webinar Nov. 14th  PR Newswire (press release)Full coverage

November 01, 2018 at 07:50PM https://prn.to/2QcnaSA from https://prn.to/2QcnaSA

[b2binfographic]

Marketing Intern at FairMarkIT

Job Description Are you a social media wiz kid? If you have a knack for marketing and would like to work in a fun, fast-paced environment, we want to talk to you! FairMarkIT is looking for a few rock stars to join our sales team this summer. Role:  -Create and manage social media postings. -Perform social listening and engage with active uers. -Write fun and unique blog content. -Contact and engage guest bloggers and media. -Work on analytics projects to improve blog content and strategy. -Assist with photoshoots, from scheduling to staging and styling. Requirements:  -Currently pursuing a degree -Able to commit to 10+ hours a week. -Have fantastic writing and communication skills. -Well versed in social media marketing techniques, Hootsuite experience a plus. -Understanding of the industry and our business' mission What we offer?  -We are a startup so you will have a big role but don't worry, we will coach you along the way. -Flexible scheduling -Formal letter of reference highlighting your contributions and accomplishments throughout the term (3 months). -Help w. your resume & introductions to former colleagues. Our startup is growing and the top performing interns will receive offers for paid part-time or full-time positions. Read the full article

[b2binfographic]

Marketing Intern at FairMarkIT

Marketing Intern at @fairmarkit #jobsboard

Job Description

Are you a social media wiz kid? If you have a knack for marketing and would like to work in a fun, fast-paced environment, we want to talk to you! FairMarkIT is looking for a few rock stars to join our sales team this summer.

Role:  -Create and manage social media postings. -Perform social listening and engage with active uers. -Write fun and unique blog content. -Contact and…