Fabric

On-demand Logistics Platform

Startup

Fabric is a Tel Aviv-Yafo-based startup in the Automotive & Mobility Technologies sector, established in 2015. On-demand Logistics Platform. The company has raised a total of $336M across 4 funding rounds, currently at the C stage. Fabric was founded by Elram Goren , Ori Avraham, Shay Cohen, Eyal Goren. Key investors include Temasek Holdings, Koch Disruptive Technologies, KSH Capital, among 14 total investors. The company has 500+ employees. Core technologies: Platforms & Interfaces, Software, Artificial Intelligence, Machinery & Robotics, Industrial Robots.

With $336M in total funding, Fabric is a C-stage company operating in Automotive & Mobility Technologies. The company follows a B2B business model. Product stage: Released. The company holds 1 patent.

$336M
Raised
4
Rounds
14
Investors
6
Team
2015
Founded
1
Patents
Sector & Technology
Industrial TechnologiesProcess Automation & Intelligence SystemsAutomotive & Mobility TechnologiesLogistics & Transportation ManagementPlatforms & InterfacesSoftwareArtificial IntelligenceMachinery & RoboticsIndustrial Robots
At a Glance
Investors

14 investors total

Founders
In the News

17 articles covered by sources including www.calcalistech.com, en.globes.co.il, nocamels.com, medium.com, techcrunch.com.

www.calcalistech.com · Apr 11, 2024
Retail tech startup Fabric firing 15% of workforce in second round of layoffs | CTech
Read article ↗
Frequently Asked Questions
What does Fabric do?

Fabric is a logistics platform that aims to make on-demand eCommerce possible, profitable, and sustainable for retailers while powering retailers' unique offerings. The company builds multi-tenant and private networks of automated micro-fulfillment centers that position automation physically close to end customers. Fabric's purpose-built proprietary solution enables cloud-like elasticity for retailers, providing them with flexibility to build a custom solution based on their unique inventory level, desired reach, and operating and capital expense requirements, expanding and flexing as their needs change. The company's solution has been deployed commercially since 2018 and is production proven.

How much funding has Fabric raised?

Fabric has raised $336M in total funding across 4 rounds. The company is currently at the C stage. Key investors include Temasek Holdings, Koch Disruptive Technologies, KSH Capital.

Who founded Fabric?

Fabric was founded in 2015 by Elram Goren (Co-founder & CEO), Ori Avraham (Co-Founder & CTO), Shay Cohen (Co-founder & VP Engineering), Eyal Goren (Co-founder (No longer with the company)).

What sector is Fabric in?

Fabric operates in Industrial Technologies, Process Automation & Intelligence Systems, Automotive & Mobility Technologies, Logistics & Transportation Management, with core technologies in Platforms & Interfaces, Software, Artificial Intelligence, Machinery & Robotics, Industrial Robots. Target customers: Commerce & Retail, Distribution Channels, Supply Chain, Transportation & Logistics, Logistics, Warehouses, Food Retail & Consumption, Wholesale.

Where is Fabric located?

Fabric is based in HaMasger Street 9, Tel Aviv-Yafo, Israel, Center District. The company also has offices abroad.

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