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Fabric Technologies is a technology company.
Fabric, Inc. develops an Agentic Commerce Platform designed to optimize product data for AI search engines and large language models, enhancing product discovery and conversion. The platform, known as fabric NEON, provides capabilities for monitoring product visibility, optimizing data, and activating rich product information across various demand channels. Its core functionality enables retailers to streamline product onboarding, improve data quality, and orchestrate complex orders efficiently within the evolving landscape of AI-driven commerce.
The company was founded in 2017 by Ryan Bartley and Shiv Agarwal, both of whom previously held technology leadership positions at Staples. Their founding insight stemmed from observing the limitations of traditional e-commerce platforms, recognizing a critical need for a more flexible, scalable, and modern infrastructure that could better serve enterprise retailers and adapt to future technological shifts, particularly in intelligent automation.
Fabric’s product caters to enterprise retailers seeking to enhance their digital commerce operations and improve customer experiences through advanced AI capabilities. The company envisions enabling businesses to effectively compete and grow by providing the foundational technology necessary for high-volume, data-rich agentic commerce, ensuring their products are discoverable and actionable in an increasingly automated marketplace.
Fabric Technologies has raised $31.0M across 3 funding rounds.
Fabric Technologies has raised $31.0M in total across 3 funding rounds.
Fabric Health (fabrichealth.com) is a healthcare technology company that builds an AI-powered care enablement system unifying virtual and in-person care across intake, triage, routing, and treatment, automating workflows to help clinicians prioritize patient care over admin tasks.[1] It serves healthcare providers and patients, solving clinical capacity challenges by streamlining care delivery for better access and experiences, with growth from the 2023 acquisition of Zipnosis by Florence (now Fabric).[1] Note: Multiple companies share similar names, including Fabric Technologies, Inc. (insurance, founded 2015)[2], fabric Inc. (AI commerce platform)[3], and Fabric (life insurance, acquired by Western & Southern)[5]; this profile focuses on Fabric Health as the primary tech match.
Fabric's roots trace to 2009 in healthcare technology, founded by physicians, technologists, and patients to address care delivery inefficiencies.[1] A pivotal moment came in 2023 when Florence acquired Zipnosis, expanding beyond hospitals to unify virtual and in-person care, evolving into a versatile platform automating workflows across the care continuum.[1] This acquisition marked continuous growth, with Fabric named to AVIA Marketplace’s 2024 Top Virtual Visits Companies.[1]
Fabric rides the trend of AI-driven healthcare transformation, addressing clinical capacity shortages amid rising demand for hybrid care models post-pandemic.[1] Timing aligns with healthcare's shift toward efficiency tools that "fix" rather than disrupt systems, leveraging virtual visits growth (e.g., 2024 AVIA recognition).[1] Market forces like clinician burnout and patient access gaps favor its workflow automation, influencing the ecosystem by enabling scalable, local care that complements hospitals and expands telehealth adoption.[1]
Fabric is poised to expand its AI care enablement amid accelerating hybrid healthcare adoption, potentially deepening integrations with EHR systems and scaling post-Zipnosis capabilities.[1] Trends like AI triage advancements and value-based care will shape its path, evolving its influence from workflow optimizer to essential infrastructure for boundless, intuitive care everywhere.[1] This positions Fabric to power healthcare's next efficiency wave, tying back to its mission of faster, smarter care.
Fabric Technologies has raised $31.0M in total across 3 funding rounds.
Fabric Technologies's investors include CNO Financial Group, Bessemer Venture Partners, Bling Capital, Spero Ventures, Guardian Life, Nippon Life Insurance Company, Samsung Ventures, Securian Ventures, Farron Blanc, Silicon Valley Bank, BoxGroup, First Round Capital.
Fabric Technologies has raised $31.0M across 3 funding rounds. Most recently, it raised $18.0M Series B in October 2020.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Oct 1, 2020 | $18.0M Series B | CNO Financial Group | Bessemer Venture Partners, Bling Capital, Spero Ventures, Guardian Life, Nippon Life Insurance Company, Samsung Ventures, Securian Ventures |
| Jun 1, 2018 | $10.0M Series A | Bessemer Venture Partners | Bling Capital, Spero Ventures, Farron Blanc, Silicon Valley Bank |
| Mar 1, 2017 | $3.0M Seed | Bessemer Venture Partners | Bling Capital, BoxGroup, First Round Capital, Flybridge Capital Partners, General Catalyst, Glencrest Group, Gutter Capital, Andrew Wheeler, Independent, Jonathan Golden, Hans Tung, Quiet Capital, Spero Ventures, Trajectory Ventures, Derrick Li, Henry Kravis, Justin Timberlake, Scott Belsky, Wiley Cerilli, Kal Vepuri, Maveron, Red Sea Ventures, RGAx |