Tech Company Financing Transactions
Fabric Funding Round
On 10/24/2019, Fabric raised $110 million in Series B funding from Corner Ventures, Aleph Venture Capital and Canada Pension Plan Investment Board.
Transaction Overview
Company Name
Announced On
10/24/2019
Transaction Type
Venture Equity
Amount
$110,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to grow its U.S.-based commercial, operations, and technical support teams, as well as its engineering teams in Tel Aviv, and expand across the country in partnership with some of the U.S.'s leading brands.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
524 Bdwy.
New York, NY 10012
USA
New York, NY 10012
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Fabric, formerly CommonSense Robotics, is a logistics platform that makes on-demand fulfillment possible, profitable, and sustainable for retailers while powering every retailer's unique offering.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Elram Goren
VP - Bus. Development
Steve Hornyak
VP - Operations
Shay Cohen
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