About Fabric
Fabric is a company based in New York (United States) founded in 2021 by Aniq Rahman. It operates as a AI-as-a-Service, SaaS (Software-as-a-Service), and HealthTech. Fabric has raised $80 million across 2 funding rounds from investors including General Catalyst, Thrive Capital and Google Ventures. Fabric has completed 2 acquisitions, including GYANT and UCM Digital Health. Fabric offers products and services including Virtual Care Platform, AI Assistant, and Intake & Care Guides. Fabric operates in a competitive market with competitors including TigerConnect, Ferrum Health, Regard, Mendel Health and Radformation, among others.
- Headquarter New York, United States
- Founders Aniq Rahman
-
Sectors
Healthcare
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Fabric Labs, Inc.
-
Annual Revenue
Not available
-
Net Profit
Not available
-
EBITDA
Not available
-
Total Equity Funding
$80 M (USD)
in 2 rounds
-
Latest Funding Round
$60 M (USD), Series A
Feb 21, 2024
-
Investors
General Catalyst
& 6 more
-
Employee Count
Not available
-
Investments & Acquisitions
GYANT
& 1 more
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Fabric
Fabric offers a comprehensive portfolio of products and services, including Virtual Care Platform, AI Assistant, and Intake & Care Guides.
Platform automates symptom gathering for streamlined care delivery.
AI guides patients to appropriate care access points.
Digital intake reduces wait times for patient visits.
People of Fabric
Unlock access to complete
Funding Insights of Fabric
Fabric has successfully raised a total of $80M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $60 million completed in February 2024. 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.
Investors in Fabric
Fabric has secured backing from 7 investors, including venture fund investors. Prominent investors backing the company include General Catalyst, Thrive Capital and Google Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Investment and transformation services for entrepreneurs in technology and finance sectors.
|
Locked | Locked | Locked | |
|
Early-stage technology startups are invested in by Thrive Capital.
|
Locked | Locked | Locked | |
|
Corporate backed venture capital fund investing in multiple sectors
|
Locked | Locked | Locked |
Investor details for Fabric
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Fabric
Fabric has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include GYANT and UCM Digital Health.
Investment portfolio details for Fabric
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Provider of teleconsultation and healthcare management software for employees and patients
|
Locked | Locked | 2020 | Locked | |
|
Provider of a chatbot for medical diagnosis
|
Locked | Locked | 2016 | Locked |
Complete acquisition details for Fabric
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Fabric
Detailed financials for Fabric
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Fabric Comparisons
Peer comparison for Fabric
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
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 TigerConnect, Ferrum Health, Regard, Mendel Health and Radformation, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Provider of a cloud-based collaboration and communication platform for healthcare professionals
|
|
| Locked | Locked | Locked |
Medical data is analyzed via AI for population health management.
|
|
| Locked | Locked | Locked |
EHR data is analyzed by AI platform to deliver insights.
|
|
| Locked | Locked | Locked |
A clinical AI platform for life sciences and healthcare organizations that deciphers health data
|
|
| Locked | Locked | Locked |
Decision support technologies for radiation therapy planning are developed.
|
Detailed competitors of Fabric
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Fabric
Complete news archive for Fabric
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Fabric
Fabric was founded in 2021 and raised its 1st funding round 2 years after it was founded.
Fabric is headquartered in New York, United States. It is registered at New York, New York, United States.
Aniq Rahman is the current CEO of Fabric. They have also founded this company.
Fabric is a funded company, having raised a total of $80M across 2 funding rounds to date.
Fabric is established as a leading care enablement system focused on simplifying and automating healthcare experiences. Solutions are developed for health systems, health plans, employers, and brokers. The platform integrates AI-driven tools, virtual care services, and patient engagement features. Operational and clinical efficiencies are achieved through automation of administrative tasks and streamlined care delivery. Consumer-grade care experiences are offered to improve outcomes and reduce costs across various healthcare sectors.
Fabric's top competitors include TigerConnect, Mendel Health and Ferrum Health.
Fabric offers Virtual Care Platform, AI Assistant, and Intake & Care Guides.
Fabric has made 2 acquisitions, including GYANT, and UCM Digital Health.
Fabric has 7 investors. Key investors include General Catalyst, Thrive Capital, Google Ventures, Salesforce Ventures, and Vast Ventures.