# Fabric funding: rounds and investors

> Fabric has raised $728M across 9 rounds since 2015. Investors include Temasek Holdings, Aleph and Corner. Every round with its source.

Source: https://millionrounds.com/company/fabric (Millionrounds; every figure on the page links to its filing or article)

United States · [Series A startup](https://millionrounds.com/companies)

# Who invested in *Fabric*

9 rounds we have observed, with the 36 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

E-commerce Fintech Insurtech IT Services

Valuation: $1.0B, Mar 2026 Y Combinator: S16

Funding summary Updated 26 Oct 2026

**$728M** raised across 9 rounds since 2015, from 9 sources

**$1.5M** Seed **$200M** Series C **$10M** Series A **$110M** Series B **$200M** Series C **$140M** Series C **$5.0M** Seed **$1.0M** Pre-seed **$60M** Series A

- **Latest round:** Series A, $60M Feb 2024
- **Biggest round:** $200M Series C · Oct 2021
- **Step-up i:** 60×
- **Investors:** 36 (2 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2015 2017 2019 2021 2023

**$1.5M** Seed

**$200M** Series C

**$10M** Series A

**$110M** Series B

**$200M** Series C

**$140M** Series C

**$1.0M** Pre-seed

**$60M** Series A

- **First round:** Seed, $1.5M
- **Biggest round:** $200M
- **Usual gap between rounds:** 15 months

[**Fabric** Automation 1 / 15 Their pitch deck **Fabric's pitch deck, 15 slides** Each slide read for what it argues, against the decks that raised at the same stage.](https://millionrounds.com/decks/fabric)

## The rounds

- **Feb 2024** Series A **$60M** *5 new* [General Catalyst](https://millionrounds.com/fund/general-catalyst) [Google Ventures](https://millionrounds.com/fund/gv) [BoxGroup](https://millionrounds.com/fund/boxgroup) [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) [Thrive Capital](https://millionrounds.com/fund/thrive-capital-2) Source recorded
- **Jan 2023** Pre-seed **$1.0M** *3 new* [Seedcamp](https://millionrounds.com/fund/seedcamp) [Charlie Songhurst](https://millionrounds.com/fund/charlie-songhurst) [Afore Capital](https://millionrounds.com/fund/afore-capital) Source recorded
- **Jul 2022** Seed **$5.0M** *4 new* [Y Combinator](https://millionrounds.com/fund/y-combinator) [Eniac Ventures](https://millionrounds.com/fund/eniac-ventures) [Polychain](https://millionrounds.com/fund/polychain) [Mischief](https://millionrounds.com/fund/mischief) Source recorded
- **Feb 2022** Series C **$140M** *5 new* [Redpoint](https://millionrounds.com/fund/redpoint) [Norwest Venture Partners](https://millionrounds.com/fund/norwest) [B Capital](https://millionrounds.com/fund/b-capital) [Sierra Ventures](https://millionrounds.com/fund/sierra-ventures) [Forerunner Ventures](https://millionrounds.com/fund/forerunner-ventures) Source recorded
- **Oct 2021** Series C **$200M** *1 new* *2 returning* [Temasek Holdings](https://millionrounds.com/fund/temasek) [Playground Global](https://millionrounds.com/fund/playground-global) Aleph Source recorded
- **Oct 2019** Series B **$110M** *5 new* *1 returning* [Corner](https://millionrounds.com/fund/corner-2) Lead [Temasek Holdings](https://millionrounds.com/fund/temasek) [Innovation Endeavors](https://millionrounds.com/fund/innovation-endeavors) [Aleph Capital Partners](https://millionrounds.com/fund/aleph) [La Maison Partners](https://millionrounds.com/fund/la-maison-partners) [Playground Ventures](https://millionrounds.com/fund/playground-ventures) Reported by FinSMEs
- **Jun 2018** Series A **$10M** *2 new* [SVB Capital](https://millionrounds.com/fund/svb-capital) Bessemer Venture Partners/ RGAx Reported by FinSMEs
- **May 2016** Series C **$200M** *9 new* [Temasek Holdings](https://millionrounds.com/fund/temasek) Lead [Koch Disruptive Technologies](https://millionrounds.com/fund/koch-disruptive-technologies) [Canada Pension Plan Investment Board](https://millionrounds.com/fund/canada-pension-plan-investment-board) [Princeville Capital](https://millionrounds.com/fund/princeville-capital) [Harel Insurance & Finance](https://millionrounds.com/fund/harel-insurance-and-finance) [KSH Capital](https://millionrounds.com/fund/ksh-capital) [Pontifax Global Food and Agriculture Technology Fund](https://millionrounds.com/fund/pontifax-global-food-and-agriculture-technology-fund) [Union Tech Ventures](https://millionrounds.com/fund/union-tech-ventures) [Wharton Equity Ventures](https://millionrounds.com/fund/wharton-equity-ventures) Reported by Firms' own news pages
- **Feb 2015** Seed **$1.5M** *2 new* [Social Starts](https://millionrounds.com/fund/social-starts) [Third Wave Digital](https://millionrounds.com/fund/third-wave-digital) From a historical funding record

## Founders and team

From Fabric's own website: 1 founder, 4 on the team.

**Aniq Rahman** Founder & CEO

- **Derek Rockwell** CTO
- **Jillian Moulton** Chief People Officer
- **Katrina Bennett** VP, Customer Operations
- **Tai Chung** General Counsel, CLO, Corporate Strategy

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series C** 2016 **Series A** 2018 **Series B** 2019 **Series C** 2021 **Series C** 2022 **Seed** 2022 **Pre-seed** 2023 **Series A** 2024 [Temasek Holdings](https://millionrounds.com/fund/temasek) L Aleph [Corner](https://millionrounds.com/fund/corner-2) L [Y Combinator](https://millionrounds.com/fund/y-combinator) [General Catalyst](https://millionrounds.com/fund/general-catalyst) [Google Ventures](https://millionrounds.com/fund/gv) [BoxGroup](https://millionrounds.com/fund/boxgroup) [Redpoint](https://millionrounds.com/fund/redpoint) [Norwest Venture Partners](https://millionrounds.com/fund/norwest) [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures)

## The exit

Exit Buyer Price When

Acquired [Google](https://millionrounds.com/fund/google-assistant-investments) undisclosed Jan 2017

From historical deal records. Wrong? [Tell us](https://millionrounds.com/corrections?slug=fabric).

## Everyone who backed them

[Temasek Holdings](https://millionrounds.com/fund/temasek) VC firm **3** rounds, led 1

Aleph no record of our own yet **2** rounds

[Corner](https://millionrounds.com/fund/corner-2) VC firm **1** round, led 1

[Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **1** round

[General Catalyst](https://millionrounds.com/fund/general-catalyst) VC firm **1** round

[Google Ventures](https://millionrounds.com/fund/gv) Corporate VC **1** round

[BoxGroup](https://millionrounds.com/fund/boxgroup) VC firm **1** round

[Redpoint](https://millionrounds.com/fund/redpoint) VC firm **1** round

[Norwest Venture Partners](https://millionrounds.com/fund/norwest) VC firm **1** round

[Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) Corporate VC **1** round

[SVB Capital](https://millionrounds.com/fund/svb-capital) VC firm **1** round

[Seedcamp](https://millionrounds.com/fund/seedcamp) VC firm **1** round

[B Capital](https://millionrounds.com/fund/b-capital) VC firm **1** round

[Social Starts](https://millionrounds.com/fund/social-starts) VC firm **1** round

[Sierra Ventures](https://millionrounds.com/fund/sierra-ventures) VC firm **1** round

[Thrive Capital](https://millionrounds.com/fund/thrive-capital-2) Family office **1** round

[Eniac Ventures](https://millionrounds.com/fund/eniac-ventures) VC firm **1** round

[Forerunner Ventures](https://millionrounds.com/fund/forerunner-ventures) VC firm **1** round

[Innovation Endeavors](https://millionrounds.com/fund/innovation-endeavors) VC firm **1** round

[Charlie Songhurst](https://millionrounds.com/fund/charlie-songhurst) VC firm **1** round

[Polychain](https://millionrounds.com/fund/polychain) VC firm **1** round

[Afore Capital](https://millionrounds.com/fund/afore-capital) VC firm **1** round

[Playground Global](https://millionrounds.com/fund/playground-global) VC firm **1** round

[Mischief](https://millionrounds.com/fund/mischief) VC firm **1** round

[Third Wave Digital](https://millionrounds.com/fund/third-wave-digital) VC firm **1** round

[Koch Disruptive Technologies](https://millionrounds.com/fund/koch-disruptive-technologies) VC firm **1** round

[Canada Pension Plan Investment Board](https://millionrounds.com/fund/canada-pension-plan-investment-board) Growth equity **1** round

[La Maison Partners](https://millionrounds.com/fund/la-maison-partners) Private equity **1** round

[Princeville Capital](https://millionrounds.com/fund/princeville-capital) VC firm **1** round

[Playground Ventures](https://millionrounds.com/fund/playground-ventures) VC firm **1** round

[Harel Insurance & Finance](https://millionrounds.com/fund/harel-insurance-and-finance) Growth equity **1** round

[KSH Capital](https://millionrounds.com/fund/ksh-capital) VC firm **1** round

[Pontifax Global Food and Agriculture Technology Fund](https://millionrounds.com/fund/pontifax-global-food-and-agriculture-technology-fund) Growth equity **1** round

[Union Tech Ventures](https://millionrounds.com/fund/union-tech-ventures) Corporate VC **1** round

[Wharton Equity Ventures](https://millionrounds.com/fund/wharton-equity-ventures) Growth equity **1** round

Bessemer Venture Partners/ RGAx no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=fabric).

## Also claim to have backed them

These 2 firms list Fabric as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Atento Capital](https://millionrounds.com/fund/atento-capital) VC firm Per its own site

[January Ventures](https://millionrounds.com/fund/january-ventures) VC firm Per its own site

## Quick answers about Fabric

### Who invested in Fabric?

Fabric's investors include Temasek Holdings, Aleph, Corner, Y Combinator and General Catalyst, and 31 more on record.

### How much has Fabric raised?

Fabric has raised $728M across 9 rounds since 2015.

### When did Fabric last raise?

Fabric's most recent round was a Series A of $60M in Feb 2024.

### What was Fabric's biggest round?

Fabric's largest round on record is $200M (Series C), in Oct 2021.

### Who backed Fabric first?

Fabric's first round on record, in Feb 2015, was backed by Social Starts and Third Wave Digital.

### What stage is Fabric at?

Fabric's latest named round is a Series A, in Feb 2024.

### Where is Fabric based?

Fabric is based in the United States.

### Who led Fabric's rounds?

Temasek Holdings led the Series C in 2016; Corner led the Series B in 2019.

## Companies like Fabric

In the same sector, and raised in the last eighteen months.

[**Amogy** $125M · Oct 2026](https://millionrounds.com/company/amogy)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)[**Xona** $512M · Oct 2026](https://millionrounds.com/company/xona)[**Coast** $77M · Oct 2026](https://millionrounds.com/company/coast)

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