Fabric - About the company
Fabric is a series C company based in Tel Aviv (Israel), founded in 2015 by Elram Goren and Shay Cohen. It operates as a Provider of AI-based robots for logistics micro-fulfillment operations. Fabric has raised $336M in funding from investors like Innovation Endeavors, Temasek and Aleph, with a current valuation of $1B. The company has 647 active competitors, including 133 funded and 93 that have exited. Its top competitors include companies like GreyOrange, Locus and Route.
Sectors and market segments that Fabric operate in
Fabric serves in the Retail, Transportation and Logistics Tech, Food and Agriculture Tech, High Tech market segments.The primary business model of Fabric are:- Retail > In Store Retail Tech > ***** **** > ***** ******
- Retail > Brands Tech > ***** **** > ***** ******
- Retail > E-Commerce Enablers > ***** **** > ***** ******
- Transportation and Logistics Tech > Logistics Tech > ***** **** > ***** ******
- Food and Agriculture Tech > Online Grocery > ***** **** > ***** ******
- High Tech > Professional Service Robots > ***** **** > ***** ******
Company Details
Provider of AI-based solutions for managing logistics micro-fulfillment operations. It develops automated infrastructure micro-fulfillment centers that enable retailers to build a custom solution based on their inventory level, delivery, and Opex/Capex requirements
- Website
- www.getfabric.com/
- Social
- Phone Number
- +972 **********
Key Metrics
Founded Year
2015
Location
Tel Aviv, Israel
Stage
Series C
Total Funding
$336M in 4 rounds
Latest Funding Round
Post Money Valuation
$1B as on Oct 26, 2021
Investors
Ranked
67th among 647 active competitors
Employee Count
787 as on Jul 31, 2026
Similar Companies
Legal entities associated with Fabric
Fabric is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
GET FABRIC INC. CIN: 32079670967 , United States, Active | Jun 11, 2021 | - | - | - |
Get Fabric Ltd CIN: 515226579 , Israel, Active | Mar 25, 2015 | - | - | - |
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Fabric's funding and investors
Fabric has raised a total funding of $336M over 4 rounds. Its first funding round was on Aug 01, 2017. Its latest funding round was a Series C round on Oct 26, 2021 for $200M. 9 investors participated in its latest round. Fabric has 17 institutional investors.
Here is the list of recent funding rounds of Fabric:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 26, 2021 | $200M | Series C | $1B | - | ||
Oct 23, 2019 | $110M | Series B | - | - | ||
Feb 15, 2018 | $20M | Series A | - | - |
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Fabric's founders and board of directors
Founder? Claim ProfileThe founders of Fabric are Elram Goren and Shay Cohen. Curt Avallone and Avi Jacoby Jack are the CEOs of Fabric.
Here are the details of Fabric's key team members:
- Elram Goren: Former Co-Founder of Fabric.
- Shay Cohen: Co-Founder & VP Engineering of Fabric. Contact Info: 1 email address
- Curt Avallone: Co-CEO of Fabric.
- Avi Jacoby Jack: Co-CEO of Fabric.
- Avi Jacoby Jack: CEO of Fabric.
View details of Fabric's Founder profiles and Board Members
Fabric's employee count trend
Fabric has 787 employees as of Jul 26. Here is Fabric's employee count trend over the years:
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Fabric's Competitors and alternates
Top competitors of Fabric include GreyOrange, Locus and Route. Here is the list of Top 10 competitors of Fabric, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | GreyOrange 2012, Suwanee (United States), Series D | Provider of warehouse and in-store automation solutions using artificial intelligence | $545M | 74/100 | |
2nd | Locus 2015, Milpitas (United States), Acquired | Provider of an AI-powered platform for optimizing logistics and delivery | $82.5M | 73/100 | |
3rd | Route 2018, Lehi (United States), Series C | Provider of post-purchase platform offering shipping protection, tracking, and issue resolution | $340M | 72/100 | |
4th | Provider of robotics solutions for warehouse and logistics automation needs | $532M | 71/100 | ||
5th | Kindred 2014, San Francisco (United States), Acquired | Developer of AI-powered robotics for picking placing sorting automation | $28M | 71/100 | |
6th |  Third Wave Automation 2018, Union City (United States), Series C | Developer of autonomous forklift solutions for warehouse material handling operations | $97M | 71/100 | |
7th |  Stord 2015, Atlanta (United States), Series F | Provider of cloud-based end-to-end logistics and supply chain management solutions | $777M | 71/100 | |
8th | Provider of post-purchase platform for tracking, returns, and shipping solutions | $67M | 70/100 | ||
9th | ShipBob 2014, Chicago (United States), Series E | Provider of e-commerce fulfillment solutions for direct-to-consumer brands | $333M | 70/100 | |
10th |  Agility Robotics 2015, Salem (United States), Series C | Developer of robots and a cloud-based automation platform for logistics operations | $180M | 69/100 | |
67th | Provider of AI-based robots for logistics micro-fulfillment operations | $336M | 53/100 |
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Fabric's Investments and acquisitions
Fabric has made no investments or acquisitions yet.
Reports related to Fabric
Here is the latest report on Fabric's sector:
News related to Fabric
Filter this list•
Save A Lot and Fabric offer on-demand grocery delivery in NYC, USRetail Insight Network•Oct 09, 2024•Save-A-Lot, Fabric, Uber
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Save A Lot makes first move into on-demand, online grocery delivery warehouses with Fabric and Uber tie upRetail Technology Innovation Hub•Oct 08, 2024•Save-A-Lot, Fabric, Uber
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Fabric Appoints Curt Avallone as Co-CEO Alongside Current CEO Avi (Jack) JacobyBusiness Wire•Mar 25, 2024•Fabric
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Fabric Awarded New Patent Delivering Unparalleled Flexibility In Warehouse Storage OptimizationBusiness Wire•Jan 10, 2024•Fabric
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Fabric’s Innovative Automated Fulfillment Solution Wins Two Prestigious HonorsTullahoma News•Jun 19, 2023•Fabric
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Fabric Introduces the Partner Elite Program to Reshape Retail FulfillmentBusiness Wire•Feb 08, 2023•Fabric
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GreyOrange Appoints Four Key Leaders, Preparation for ExpansionRoboticstomorrow•Feb 01, 2023•GreyOrange, IBM, Fabric, VMware and 2 others
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