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Fabric (logistics platform)

Fabric (logistics platform)

Fabric is a D2C and B2B micro-order fulfillment company.

Fabric was founded by Elram Goren, Ori Avraham, and Shay Cohen in 2015. The company developed AI technology for on-demand order fulfillment for local businesses and customers. It is headquartered in Tel-Aviv, Israel.

Timeline

October 28, 2020
Israeli-U.S. retail logistics company Fabric said on Wednesday it raised $110 million in a funding round led by Corner Ventures, bringing its total raised to date to $136 million.
October 23, 2019
Fabric raises $110 million in Series B funding round led by Corner Ventures, with participation from Aleph, Canada Pension Plan Investment Board (CPPIB), Innovation Endeavors, La Maison, Playground Ventures and Temasek.
October 23, 2019
Fabric raises a $110,000,000 series B round from Aleph, Aleph Venture Capital, Canada Pension Plan Investment Board, Corner Ventures, Innovation Endeavors, La Maison Compagnie d'Investissement, Playground Global and Temasek Holdings.
February 2018
Fabric raises a $20,000,000 series A round from Aleph Venture Capital, Innovation Endeavors and Playground Global.
August 2017
Fabric raises a $6,000,000 seed round from Aleph and Innovation Endeavors.

Funding rounds

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