Fabric - About the company
Fabric is a series A company based in New York City (United States), founded in 2021 by Aniq Rahman. It operates as a Provider of a care enablement system for healthcare and clinics. Fabric has raised $80M in funding from General Catalyst, with a current valuation of $*****. The company has 241 active competitors, including 39 funded and 11 that have exited. Its top competitors include companies like TigerConnect, Agamon and E5 AI.
Company Details
Provider of a care enablement system for healthcare and clinics. The platform offers omnichannel access to care, reduces clinical work time, and helps build a seamless, integrated tech ecosystem that augments existing EMRs.
- Website
- www.fabrichealth.com/
Key Metrics
Founded Year
2021
Location
New York City, United States
Stage
Series A
Total Funding
$80M in 2 rounds
Latest Funding Round
Post Money Valuation
$***** as on Dec 22, 2023
Investors
Ranked
10th among 241 active competitors
Employee Count
295 as on Feb 28, 2026
Investment & Acquisitions
Similar Companies
Legal entities associated with Fabric
Fabric is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
FABRIC LABS, INC CIN: 04555890 , United States, Active | Jan 12, 2021 | - | - | - |
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Fabric's funding and investors
Fabric has raised a total funding of $80M over 2 rounds. Its first funding round was on Mar 30, 2023. Its latest funding round was a Series A round on Feb 21, 2024 for $*****. 7 investors participated in its latest round. Fabric has 7 institutional investors.
Here is the list of recent funding rounds of Fabric:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 21, 2024 | 3604353 | Series A | 1890169 | 5124813 | 7179111 | 8858371 |
Mar 30, 2023 | 5882250 | Seed | 8725256 | 3025131 | 2804213 |
View details of Fabric's funding rounds and investors
Fabric's founders and board of directors
Founder? Claim ProfileThe founders of Fabric is Aniq Rahman. Aniq Rahman is the CEO of Fabric.
Here are the details of Fabric's key team members:
- Aniq Rahman: Founder & CEO of Fabric.
View details of Fabric's Founder profiles and Board Members
Fabric's employee count trend
Fabric has 295 employees as of Feb 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 TigerConnect, Agamon and E5 AI. 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 | TigerConnect 2010, Santa Monica (United States), Series E | Provider of a cloud-based collaboration and communication platform for healthcare professionals | $426M | 67/100 | |
2nd | Agamon 2018, New York City (United States), Seed | AI and cloud-based online platform offering clinical data analytics | $8M | 62/100 | |
3rd | E5 AI 2019, San Jose (United States), Series B | Cloud-based platform for workflow automation | $48.5M | 61/100 | |
4th | Ferrum Health 2017, Sunnyvale (United States), Series A | AI-based medical data analysis software for population health management | $31M | 61/100 | |
5th | Mendel Health 2016, San Francisco (United States), Series B | Provider of AI-powered clinical data platform solutions for the life sciences and healthcare industries | $60.2M | 61/100 | |
6th | Radformation 2014, New York City (United States), Series A | Intelligent automation software for cancer clinics, increasing plan quality and efficiency | $11.5M | 59/100 | |
7th | Affineon 2008, Denver (United States), Series A | AI platform to streamline clinical workflows and drive revenue growth | $5M | 55/100 | |
8th | Yseop 2008, New York City (United States), Series A | Provider of automated natural language generation software for regulatory writing | $12.6M | 53/100 | |
9th | WellSheet 2015, New York City (United States), Series A | Provider of a web applications for care quality and productivity improvement | $9.94M | 53/100 | |
10th | Fabric 2021, New York City (United States), Series A | Provider of a care enablement system for healthcare and clinics | $80M | 56/100 |
Looking for more details on Fabric's competitors? Click here to see the top ones
Fabric's Investments and acquisitions
Fabric has not made any investments yet. Fabric has made 4 acquisitions.Here is the list of latest three $acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Nov 11, 2025 | Acquisition | 2020 | Troy (United States) | |
Jun 28, 2024 | Acquisition | 2010 | - | |
Feb 01, 2024 | Acquisition | 2016 | San Francisco (United States) |
See all acquisitions by Fabric
Reports related to Fabric
Here is the latest report on Fabric's sector:
News related to Fabric
Media has covered Fabric for a total of 5 events in the last 1 year, 3 of them have been about company updates and 1 about partnerships.
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Walmart exploring possible sale of healthcare centersSeeking Alpha•Jul 02, 2024•Walmart, Humana, Recoupinvestments, MeMD and 1 other
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Health tech startup Fabric acquires Walmart’s telehealth businessInsuranceNewsNet•Jul 02, 2024•Fabric, Walmart
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Walmart Exits Virtual Health Market with Sale of MeMD to FabricHIT Consultant•Jun 28, 2024•Walmart, MeMD, Fabric, Walmart Health Virtual Care
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