About Fabric
Fabric is a Healthcare company based in New York (United States) founded in 2021 by Aniq Rahman. A care enablement system is provided for healthcare and clinics. It operates on a AI-as-a-Service, SaaS (Software-as-a-Service), and HealthTech model. 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. Its chief executive, as recorded, is Aniq Rahman. Its website fabrichealth.com draws about 20 thousand monthly visits. Fabric offers products and services including Virtual Care Platform, AI Assistant, and Intake & Care Guides. Its focus areas include Digital Health and Telehealth Solutions. Its legal entity is Fabric Labs, Inc. Its competitors include TigerConnect, Ferrum Health and Regard; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters New York, United States
- Founders Aniq Rahman
- SectorsHealthcare
- Phone•••• ••••
- Website fabrichealth.com
- Social LinkedIn X Facebook
- Legal Name Fabric Labs, Inc.
- Total Equity Funding$80M (USD)
in 2 rounds
- Latest Funding Round$60M (USD), Series A
Feb 2024
- InvestorsGeneral Catalyst
& 6 more
- Investments & AcquisitionsGYANT
& 1 more
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.
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.
- Total Funding $80M
- Total Rounds 2
- Last Round Series A — $60M
- First Round $20M
(Mar 2023)
- Investors Count 7
All 2 funding rounds of Fabric with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2024 | $60M | Series A | – | General Catalyst | |
| Mar 2023 | $20M | Seed | – | – |
7 investors in total: 7 institutional.
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. | generalcatalyst.com | |||
Early-stage technology startups are invested in by Thrive Capital. | thrivecap.com | New York, United States | ||
Corporate backed venture capital fund investing in multiple sectors | gv.com | Mountain View, United States | ||
Early-stage tech startups are funded by corporate-backed Salesforce Ventures. | salesforceventures.com | San Francisco, United States | ||
US focused venture capital firm | vastvc.com | New York, United States | ||
Atento Capital is focused on unlocking entrepreneurial potential globally. | atentocapital.com | Tulsa, United States | ||
Investing in early-stage tech companies and ideas. | boxgroup.com |
Investor details for Fabric
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- Round participation
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People of Fabric
16 people are tracked at Fabric (15 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
Aniq Rahman | Founder & CEO | Leadership |
Chris Edwards | Senior Vice President, Customer Solutions | Leadership |
Aiden Feng | Chief Operating Officer | Leadership |
Brad Hess | Vice President Of Engineering | Leadership |
Brad Simpson | Sr. Director, Customer Solution Design | Leadership |
Kari Sanders | Sales Director | Leadership |
Kirill Kireyev | VP Of AI And Data Science | Leadership |
Regan Draulis | Payer Sales Director | Leadership |
Stefan Behrens | Chief Strategy Officer | Leadership |
Brett Schnobrich | Senior Director, Business Operations | Leadership |
Adam Scalzo | Senior Director, Employer Sales | Leadership |
Derek Rockwell | CTO | Leadership |
Jillian Moulton | Vice President Of People | Leadership |
Jessica Taylor-Hostert | Senior Director | Leadership |
Kata Dicenso | Account Director | Leadership |
Thompson Khoo | Manager Of Talent Acquisition | Team |
Complete people profiles for Fabric
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- Professional contacts
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Investments & Acquisitions by Fabric
Fabric has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include GYANT and UCM Digital Health.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Provider of teleconsultation and healthcare management software for employees and patients | ucmdigitalhealth.com | Troy, United States | 2020 | Nov 2025 | •••• | |
Provider of a chatbot for medical diagnosis | gyant.com | San Francisco, United States | 2016 | Feb 2024 | •••• |
Complete acquisition details for Fabric
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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Timeline of Fabric
5 dated milestones of Fabric across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Fabric is founded.
- Funding First funding round of $20.0M.
- Acquisition Acquires GYANT.
- Funding Latest funding round, Series A, of $60.0M.
- Acquisition Acquires UCM Digital Health.
Competitors of Fabric
Fabric has 3 listed competitors in our database, 3 of them funded. They include TigerConnect, Ferrum Health and Regard.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| tigerconnect.com | 2010 | Santa Monica, United States | $426.1M | 224 | Provider of a cloud-based collaboration and communication platform for healthcare professionals | |
| ferrumhealth.com | 2017 | Sunnyvale, United States | $31M | 17 | Medical data is analyzed via AI for population health management. | |
| regard.com | 2016 | Los Angeles, United States | $76.32M | EHR data is analyzed by AI platform to deliver insights. |
Detailed competitors of Fabric
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Fabric
The website of Fabric (fabrichealth.com) receives about 20K visits a month.
- Monthly visits20K
▼ 15.8% vs previous month
Websites whose visitors overlap most with Fabric. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| guidewaycare.com | 100% | #3,696,027 | View details | ||
| everlywell.com | 69% | 574.3K | #95,397 | View details | |
| fiercehealthcare.com | 69% | #168,797 | View details | ||
onlinefabricstore.com | onlinefabricstore.com | 51% | #134,813 | – | |
| fabric.inc | 25% | 52.2K | #605,429 | View details |
Top companies in Clinical IT & Data Platforms
3 companies that operate in the same segment as Fabric (Clinical IT & Data Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | |||
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | 1,746 |
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Related news about Fabric
Complete news archive for Fabric
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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 CEO of Fabric, as recorded in our data. They have also founded this company.
Fabric is a funded company, having raised a total of $80M across 2 funding rounds to date. The company's 1st funding round was a Seed of $20M, raised on Mar 2023.
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, Ferrum Health and Regard.
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.
Fabric operates through Fabric Labs, Inc..