Fabric
Formerly CommonSense Robotics
On-demand Logistics Platform
Startup C Automotive & Mobility Technologies Est. 2015
Total Raised
$336M
C
Last Round
$200M
4 rounds
Investors
14
14 public
Team
6
500+ employees
Confidence
100/100
News
17
articles
Patents
1
About
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.
Classification
Sector
Industrial TechnologiesProcess Automation & Intelligence SystemsAutomotive & Mobility TechnologiesLogistics & Transportation Management
Core Technology
Platforms & InterfacesSoftwareArtificial IntelligenceMachinery & RoboticsIndustrial Robots
Target Customer
Commerce & RetailDistribution ChannelsSupply ChainTransportation & LogisticsLogisticsWarehousesFood Retail & ConsumptionWholesale
Business Model
B2B
Tags
unicorn-2021foodtechonline-shoppingsmart-cityfood-ecommerceenterprise-solutionsroboticsinventory-managementartificial-intelligencesupply-chainretailersonline-retailersecommercedata-analyticsindustry-4.0logisticswarehouse
Funding & Events
Oct 2021
C Round $200M
Temasek Holdings (Lead), Koch Disruptive Technologies, KSH Capital, La Maison Partners, Aliment Capital, Union Tech Ventures, Canada Pension Plan Investment Board (CPPIB), Harel Insurance & Finance, Princeville Capital
Oct 2019
B Round $110M
Corner Ventures (Lead), Innovation Endeavors, Playground Global, Evolv Ventures, Aleph, La Maison Partners, Temasek Holdings
Feb 2018
A Round $20M
Aleph, Playground Global, Innovation Endeavors
Aug 2017
Seed $6M
Innovation Endeavors, Aleph
News (17)
Apr 11, 2024 · www.calcalistech.com
growth-negative
Retail tech startup Fabric firing 15% of workforce in second round of layoffs | CTech
LayoffsManagement Changes
Mar 25, 2024 · www.calcalistech.com
growth-positive
Fabric appoints Curt Avallone as co-CEO to accelerate global growth | CTech
Management ChangesLayoffsInvestment
Jul 13, 2022 · en.globes.co.il
growth-negative
Israeli retail logistics co Fabric lays off 120
LayoffsManagement Changes
Oct 26, 2021 · www.calcalistech.com
growth-positive
Fabric joins unicorn club with $200 million Series C
Investment
Jul 22, 2021 · www.calcalistech.com
growth-positive
Fabric to provide Instacart with automated fulfillment solutions as part of strategic partnership
PartnersInvestment
May 18, 2021 · nocamels.com
growth-positive
Logistics Startup Fabric Expands Partnership With Israel's Leading Pharmacy Chain
Partners
Jan 27, 2021 · en.globes.co.il
growth-positive
Walmart teams with Israel's Fabric on logistics centers bots
PartnersExpand
Feb 25, 2020 · medium.com
growth-positive
The future of online grocery and our investment in Fabric
PartnersInvestment
Dec 17, 2019 · nocamels.com
growth-positive
Fabric's Tel Aviv Grocery Logistics Center Begins Delivering Online Orders
CustomersPartnersInvestment
Oct 23, 2019 · techcrunch.com
growth-positive
Fabric raises $110 million Series B to expand its network of automated fulfillment centers in the US
InvestmentExpand
Jul 11, 2019 · venturebeat.com
growth-positive
CommonSense Robotics announces 'world's first' underground micro-fulfillment center
PartnersExpand
Feb 25, 2019 · www.forbes.com
growth-positive
Making One-Hour Online Grocery Deliveries: Interview With Ran Peled Of CommonSense Robotics
CustomersPartners
Nov 11, 2018 · www.timesofisrael.com
growth-positive
Israeli robot-filled warehouse seeks to cut delivery time for groceries
CustomersPartners
Oct 11, 2018 · venturebeat.com
growth-positive
CommonSense Robotics launches micro-fulfillment center in Tel Aviv
CustomersPartners
Feb 22, 2018 · www.forbes.com
growth-positive
These Robots Could Help Grocery Chains Fight Amazon
CustomersPartners
Feb 15, 2018 · techcrunch.com
growth-positive
CommonSense Robotics raises $20M for robotics tech for online grocery fulfilment
InvestmentExpand
Aug 1, 2017 · techcrunch.com
growth-positive
CommonSense Robotics raises $6M seed round to make on-demand logistics affordable for all retailers
Investment
Details
Product Stage
Released
Employees
500+
Exact Count
691
District
Center District
Founded
2015
Registrar
515226579
Crunchbase
commonsense-robotics
Locations
HaMasger Street 9, Tel Aviv-Yafo, Israel
99 Wall Street, New York, NY, USA
Links
Website
LinkedIn
Twitter
Facebook
Careers
Admin
Last Update
Oct 12, 2024
Verified by
Yanina Wainscheinker
Claimed
Yes
Missing
markets
Team (6)
Curt Avallone
Co-CEO
Elram Goren
Co-founder & CEO
Founder
Ori Avraham
Co-Founder & CTO
Founder
Shay Cohen
Co-founder & VP Engineering
Founder
Eyal Goren
Co-founder (No longer with the company)
Founder
Anna Dalton
Marketing Manager
Internal
Created by
Yamila Silbert (yamila.urwicz@gmail.com)
Created
2017-01-04T00:00:00.000Z
Last editor
Jenny Sotnik-Talisman (jenny.sotnik@sncentral.org)