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Fabric secured $60M in a Series A funding led by General Catalyst to advance its care enablement system and explore strategic acquisitions

PRIVATEMar 05, 2024

Amount Raised

$60 Million

Round Type

Series A

New YorkRetail

Investors

GVVast VenturesBoxGroupSalesforce VenturesGeneral CatalystThrive CapitalAtento Capital

Description

Fabric, a leading care enablement system developer, secured $60 million in a Series A funding round led by General Catalyst, with continued participation from Thrive Capital, GV (Google Ventures), Salesforce Ventures, Box Group, Vast Ventures, and Atento Capital. The funding will be used to bolster its technology and team, accelerate the development of innovative solutions that serve 70 health systems, 3,800+ clinicians, and millions of patients across urgent, emergency, surgical, and primary care. Additionally, the funds will be used to advance AI solutions and explore strategic acquisitions.

Quick answer

Fabric raised $60 Million in a Series A round, dated March 5, 2024. Investors: GV, Vast Ventures, BoxGroup, Salesforce Ventures, General Catalyst, Thrive Capital and Atento Capital. 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 March 5, 2024.
Who invested in Fabric?
GV, Vast Ventures, BoxGroup, Salesforce Ventures, General Catalyst, Thrive Capital and Atento Capital 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.

  • Includ raised $1.5M (Seed) on April 18, 2024.
  • Max Retail raised $15M on April 12, 2024.
  • 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.

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
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  • 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.

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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.

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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.