About Fabric
Fabric is a company based in Bellevue (United States) founded in 2017 by Sunny Zhang.. Fabric has raised $296.65 million across 5 funding rounds from investors including Norwest Venture Partners, SoftBank Vision Fund and Forerunner Ventures. Fabric offers products and services including Order Management (OMS), Product Catalog, and Dropship. Fabric operates in a competitive market with competitors including Elastic Path Software, Almonds Ai, Vistex, Shogun and Centra eCommerce, among others.
- Headquarter Bellevue, United States
- Founders Sunny Zhang
- Stage Unicorn
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Sectors
TechnologyRetail
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$296.65 M (USD)
in 5 rounds
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Latest Funding Round
$140 M (USD), Series C
Feb 23, 2022
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Investors
Norwest Venture Partners
& 9 more
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Employee Count
Employee Count
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Products & Services of Fabric
Fabric offers a comprehensive portfolio of products and services, including Order Management (OMS), Product Catalog, and Dropship. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Streamlines omnichannel order fulfillment and reduces split shipments.
Centralizes and organizes product data for retail distribution.
Expands product assortment through third-party integration.
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Funding Insights of Fabric
Fabric has successfully raised a total of $296.65M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $140 million completed in February 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series C — $140.0M
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First Round
First Round
(03 Jul 2019)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2022 | Amount | Series C - Fabric | Valuation | SoftBank Vision Fund | |
| Jul, 2021 | Amount | Series B - Fabric | Valuation | Stripes | |
| Feb, 2021 | Amount | Series A - Fabric | Valuation | Norwest Venture Partners |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Fabric
Fabric has secured backing from 10 investors, including venture fund investors. Prominent investors backing the company include Norwest Venture Partners, SoftBank Vision Fund and Forerunner Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage investments are directed toward tech startups by Forerunner Ventures.
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Founded Year | Domain | Location | |
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Investments are directed toward early and late-stage tech companies.
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Founded Year | Domain | Location | |
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Redpoint Ventures is engaged in venture capital investments.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Fabric
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Fabric
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Fabric Comparisons
Competitors of Fabric
Fabric operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Elastic Path Software, Almonds Ai, Vistex, Shogun and Centra eCommerce, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
API-based enterprise commerce and content management platform is delivered.
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| domain | founded_year | HQ Location |
AI-powered channel engagement solutions are provided for partners.
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| domain | founded_year | HQ Location |
Channel management solutions are delivered via an integrated platform.
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| domain | founded_year | HQ Location |
Cloud-based website development solutions are provided with drag-and-drop tools.
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| domain | founded_year | HQ Location |
E-commerce software is provided for B2B and B2C merchants.
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| domain | founded_year | HQ Location |
Headless e-commerce solutions are provided for personalization and engagement.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Fabric
Frequently Asked Questions about Fabric
When was Fabric founded?
Fabric was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Where is Fabric located?
Fabric is headquartered in Bellevue, United States. It is registered at Bellevue, Washington, United States.
Is Fabric a funded company?
Fabric is a funded company, having raised a total of $296.65M across 5 funding rounds to date. The company's 1st funding round was a Series A of $43M, raised on Jul 03, 2019.
What does Fabric do?
Fabric was founded in 2017 and is headquartered in Bellevue, United States. The platform operates in the e-commerce sector, where product information, including pricing and order data, is connected and managed across sales channels. Services encompass product management, price configuration, promotional setups, order analysis, reporting tools, content handling, and customer experience oversight. Operations focus on streamlining multichannel sales processes for businesses.
Who are the top competitors of Fabric?
Fabric's top competitors include Almonds Ai, Elastic Path Software and Centra eCommerce.
What products or services does Fabric offer?
Fabric offers Order Management (OMS), Product Catalog, and Dropship.
Who are Fabric's investors?
Fabric has 10 investors. Key investors include Norwest Venture Partners, SoftBank Vision Fund, Forerunner Ventures, Glynn Capital, and Redpoint Ventures.
What is Fabric's valuation?
The valuation of Fabric is $1.5B as of Feb 2022.
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