Full-Time
Growth Manager
Updated on 2/19/2025
Fermat
51-200 employees
Commerce infrastructure for creators' direct sales
Mid, Senior
Company Does Not Provide H1B Sponsorship
New York, NY, USA
You match the following Fermat's candidate preferences
Employers are more likely to interview you if you match these preferences:
- 4+ years of experience with a focus on strategy and operations
- Strong performance analytics background and experience in multi-threaded account management
- Track record of successfully onboarding accounts and maintaining high customer satisfaction
- Self-starter with a strong desire to learn and grow
- Proven ability to handle executive communications and manage multiple accounts
- Strong background in client communications, capable of engaging with stakeholders at all levels, including CMO, CRO, and CEO
- Ability to manage relationships with 20+ customers simultaneously
- Customer-centric mindset, always listening for new ways to connect and build trust with clients
- Demonstrates intellectual curiosity and a natural tendency to figure things out independently
- Develop a deep technical understanding of FERMAT to effectively communicate its value and benefits to customers
- Devote 50% of your efforts to account development, helping customers realize the positive impacts of FERMAT automation on their business
- Facilitate customers in quickly realizing the value of FERMAT and support them in scaling their usage and investment in the product
- Proactively report on return on investment (ROI) and the impact of FERMAT, managing communications across the stakeholder base
- Share tips and best practices on how other businesses successfully leverage FERMAT across their teams, highlighting the outcomes achieved
- Collaborate with internal product, sales, and engineering teams to drive the adoption and growth of FERMAT
- Allocate up to 20% of your time traveling for in-person client meetings to strengthen relationships and support account growth
Fermat Commerce provides a commerce infrastructure designed for individual and enterprise creators to sell directly to their customers on the open web. The platform allows creators and publishers to streamline their sales processes and improve customer engagement. By using Fermat Commerce, clients can quickly onboard creators, which leads to a smoother experience and better rates through direct collaboration. The platform features dynamic product updates, accurate conversion attribution, and a shortened purchase funnel, all of which contribute to higher conversion rates. Fermat Commerce's goal is to enable creators to have control over their products, images, and pricing while fostering direct relationships with their audience. The company generates revenue by offering services that enhance sales conversions and attribution for its clients.
Company Size
51-200
Company Stage
Series A
Total Funding
$28.2M
Headquarters
San Francisco, California
Founded
2021
Simplify's Take
What believers are saying
- Fermat raised $17M in Series A funding to fuel growth and innovation.
- The rise of AI-driven personalization in e-commerce aligns with Fermat's platform capabilities.
- Expansion of influencer marketing supports Fermat's strategy of creator-audience direct relationships.
What critics are saying
- Major social media platforms integrating shopping could overshadow Fermat's offerings.
- 57% of consumers resist social commerce, limiting Fermat's market potential.
- Reliance on funding rounds indicates potential financial vulnerability if growth metrics aren't met.
What makes Fermat unique
- Fermat offers a unique AI-powered social commerce platform for personalized shopping experiences.
- The company focuses on creators, enabling direct sales and enhanced customer engagement.
- Fermat provides precise conversion attribution and dynamic product updates for higher conversion rates.
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Benefits
Health Insurance
401(k) Retirement Plan
401(k) Company Match
Paid Parental Leave
Unlimited Paid Time Off
Home Office Stipend
Wellness Program
Equity Package
Growth & Insights and Company News
6 month growth
↑ 31%1 year growth
↑ 31%2 year growth
↑ 31%Many consumers are put off by social commerce, not wanting to have their social connection interrupted by product promotion. By the Numbers. For the report “Tracking the Digital Payments Takeover: Monetizing Social Media,” PYMNTS Intelligence surveyed nearly 3,000 U.S. consumers to understand the factors driving them to shop — or not to shop — on social media, among other matters.The study found that 57% of consumers did not look for or purchase goods and services on social media in the 30 days before being surveyed. Among the most common reasons they did not browse or make purchases via social media platforms is that they simply prefer not to mix social media with shopping
As contextual commerce transforms online shopping, social media platforms are seizing the opportunity to integrate purchasing into their platforms. These apps and websites, once just avenues for sharing updates and connecting with friends, have become robust eCommerce ecosystems. From Facebook and Instagram to TikTok and Pinterest, these platforms have been integrating shopping functionalities, blurring the lines between social networking and online shopping. Instagram, for instance, has been expanding its creator marketplace around the world, while Pinterest has been extending its reach into new types of shoppable content. In the fall, YouTube unveiled features that simplify the marketing and sale of products within videos meant to provide creators with additional opportunities to monetize their content
SAN FRANCISCO--(BUSINESS WIRE)--Today, FERMAT, the startup that allows every retailer to create a unique shopping experience for each customer journey, announced it has raised $17 million in new financing. This will allow it to continue fueling growth for its customers, including admired social commerce brands like True Classic, Jack Archer, mindbodygreen, U Beauty, and Nood, as well as many forward-thinking advertising agencies. Bain Capital Ventures (BCV) led the funding round, with participation from existing investors Greylock, QED Investors and Courtside Ventures, bringing FERMAT’s total funding raised to over $30 million. FERMAT provides a seamless end-to-end shopping experience for consumers and greater advertising performance for commerce brands. When shoppers engage with a brand on social, email, or SMS, FERMAT uses AI and machine learning to provide a unique and personalized journey from ad to shop to sale. Throughout the process, FERMAT carries relevant information about the customer, such as products they like, discounts they’ve seen, and influencers they’ve engaged with
Then Fermatcommerce hired its CMO, Rabah Rahil, to revamp its marketing strategy and ramp up content creation during Q3 and Q4.