Fairmarkit raises $11M

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AI-powered tail spend management software company Fairmarkit has raised a $11 million Series A investment round. The funding was led by Insight Partners, with participation from the company’s seed investors.

As part of the investment, Insight Partners’ Thomas Krane and Tarek Alaruri, co-founder and COO, will join the Fairmarkit board.

[Image courtesy: Fairmarkit]