Fundz

Fabric Raises $60M to Automate Healthcare with AI-powered Care Enablement System

PRIVATEFeb 21, 2024

Amount Raised

$60 Million

Round Type

Series A

New YorkRetail

Investors

GVThrive CapitalGeneral Catalyst

Description

Fabric announced a $60 million Series A funding round led by General Catalyst, with continued participation from Thrive Capital, GV (Google Ventures), and other notable investors. The funding will be used to fuel Fabric’s mission to humanize healthcare by automating administrative and clinical tasks, empowering both patients and clinicians.

Quick answer

Fabric raised $60 Million in a Series A round, dated February 21, 2024. Investors: GV, Thrive Capital and General Catalyst. Fabric is based in New York, New York, United States.

How much did Fabric raise?
Fabric raised $60 Million in a Series A round on February 21, 2024.
Who invested in Fabric?
GV, Thrive Capital and General Catalyst are named as investors in this round.
What does Fabric do?
Future-proof your supply chain and meet customer expectations.
Where is Fabric based and how big is it?
Fabric is based in New York, New York, United States. Fundz records about 233 employees.
Who are the decision-makers at Fabric?
Fundz holds 1 contact at Fabric. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Retail around the same time

Companies in the same sectors as Fabric that raised within 45 days of this round, from Fundz verified event records.

  • Mercado Único raised $395K (Pre-Seed) on April 4, 2024.
  • Kidsy raised $1M (Pre-Seed) on March 28, 2024.
  • Fresh Vine Wine raised $5M on March 27, 2024.
  • SuperK raised $3.7M (Series A) on March 26, 2024.
  • Lalo raised an undisclosed amount on March 22, 2024.
  • Scent Lab raised an undisclosed amount (Seed) on March 21, 2024.

Who to call at Fabric, and when

A new round usually means Fabric is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Fabric raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Fabric, from your own LinkedIn network

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Company Information

Company

Fabric

Location

New York, New York, United States

About

Future-proof your supply chain and meet customer expectations. Fabric helps you achieve same-day delivery to drive loyalty and revenue.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Fabric raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Fabric raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.