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Fabric

getfabric.com

Founded Year

2015

Stage

Series C | Alive

Total Raised

$336M

Valuation

$0000 

Last Raised

$200M | 1 yr ago

About Fabric

Fabric is building on-demand supply-chains that enable sustainable, 1-hour delivery to online customers. Its Micro-Fulfillment-Center is an urban, automated fulfillment solution that combines the benefits of local distribution with the economics of automated fulfillment. By utilizing a novel approach to this last-mile challenge, combined with robotics and AI, Fabric allows its clients to offer true on-demand services, dramatically reduce their operational costs, and benefit from superior operational scalability.

Headquarters Location

99 Wall Street Suite 3050

New York, New York, 10005,

United States

646-355-3541

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ESPs containing Fabric

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTHMARKET STRENGTHLEADERHIGHFLIEROUTPERFORMERCHALLENGER
Transportation & Logistics / Supply Chain Tech

Microfulfillment centers (MFCs) are small fulfillment centers, often located in “dark” warehouses or within stores themselves, that help retailers more quickly fulfill BOPIS or delivery orders. Many of these microfulfillment options use robotics to automate picking orders and preparing them for delivery.

Fabric named as Highflier among 4 other companies, including TakeOff Technologies, Ohi, and Relocalize.

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Expert Collections containing Fabric

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Fabric is included in 11 Expert Collections, including Digital Health.

D

Digital Health

8,838 items

Startups recreating how healthcare is delivered

S

Store management tech (In-store retail tech)

1,716 items

Startups aiming to work with retailers to improve brick-and-mortar retail store operations.

S

Supply Chain & Logistics Tech

4,738 items

Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).

U

Unicorns- Billion Dollar Startups

1,201 items

R

Robotics

1,974 items

This collection includes startups developing autonomous ground robots, unmanned aerial vehicles, robotic arms, and underwater drones, among other robotic systems. This collection also includes companies developing operating systems and vision modules for robots.

G

Grocery Retail Tech

822 items

Startups providing B2B solutions to grocery businesses to improve their store and omni-channel performance. Includes customer analytics platforms, in-store robots, predictive inventory management systems, online enablement for grocers and consumables retailers, and more.

Fabric Patents

Fabric has filed 1 patent.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

6/8/2016

11/12/2019

Arcade games, Actuators, Gears, Antennas (radio), Control theorists

Grant

Application Date

6/8/2016

Grant Date

11/12/2019

Title

Related Topics

Arcade games, Actuators, Gears, Antennas (radio), Control theorists

Status

Grant

Latest Fabric News

Super-Pharm looks to expand robotic facilities as online demand booms

May 13, 2021

Health and beauty retailer asks startup Fabric to set up an additional robotized ‘micro-fulfillment center’ in central Israel, increasing existing partnership An illustration of Fabric's, formerly CommonSense Robotics, micro-fulfillment centers (Courtesy Israel’s largest health and beauty retailer, Super-Pharm, is expanding its collaboration with Israeli startup Fabric, formerly known as CommonSense Robotics, to use small robotized facilities in city centers to help the retailer meet the growing online demand for its products. The two companies set up a partnership two years ago, in which Fabric used robotic facilities in the Tel Aviv metro area to process online orders for same-day delivery by Super-Pharm. Now, with the expansion of that collaboration, Fabric will more than triple the number of orders it fulfills for Super-Pharm by building and operating a second so-called “micro-fulfillment center” that will handle thousands of orders a day for the retailer, for nationwide same-day and next-day delivery services on demand. The new site, also located in central Israel, will work in tandem with Super-Pharm’s existing Fabric-operated micro-fulfillment center in the Tel Aviv metro area. At the end of 2018, Fabric launched its “smallest automated e-commerce facility” serving the metropolitan area of Tel Aviv and delivering groceries to customers. The micro-fulfillment centers it sets up are small in size and almost completely robotized spaces located in metropolitan areas. These facilities, which occupy a space of just 6,000 square feet, are crowded with hundreds of robots, many in the shape of supermarket trolleys on wheels, moving across the facilities and processing the orders. An illustration of Fabric’s, formerly CommonSense Robotics, micro-fulfillment centers (Courtesy Retailers drop off their products at the facilities every day. These products are then unpacked and scanned by staffers, and put into blue boxes. When an order arrives, robots identify the products via an inventory management system. Software tells the robot to collect the items, pull them from the shelves and bring them to the human staffer who assembles the order and packs it for delivery. The idea is to set up multiple such facilities in cities in order to allow for faster delivery times. Robotic facilities in use today are generally the size of four to 20 football fields; thus, such warehouses cannot be built in city centers and are set up instead on the city’s outskirts, resulting in slow and costly last-mile deliveries, Fabric says. Super-Pharm said it was able to increase the number of orders being filled out by its Tel Aviv-based micro-fulfillment center by up to 250% throughout the coronavirus pandemic, when online demand spiked due to lockdowns. This was achieved thanks to Fabric’s modular design, which enabled the company to add an extra station at the fulfillment center in a matter of hours, without the need for further construction or site closure time. “To provide the best possible customer experience, Super-Pharm needs to have a complex 360-degree logistics solution for picking and delivery,” said Yossi Cohen, VP Organization & Information Systems at the firm. “The partnership with Fabric puts us at the forefront of innovation and enables us to pick orders quickly and efficiently… We are expecting that the new site will contribute even more to improve the service and efficiency of our online activity, and it’s a partnership with the potential to continue growing and expanding over time.” Super-Pharm, with annual sales of $1.2 billion, has 260 stores in Israel and 70 across Poland. Founded in 2015, Fabric has raised $138 million to date and is backed by Aleph, Corner Ventures, Canada Pension Plan Investment Board, Evolv (Kraft Heinz), Innovation Endeavors, La Maison, Playground Ventures, and Temasek. With offices in New York City, Atlanta and Tel Aviv, Fabric has a team of 200 employees and 20 sites under development, including four already operational micro-fulfillment centers, the statement said. I'm proud to work at The Times of Israel I’ll tell you the truth: Life here in Israel isn’t always easy. But it's full of beauty and meaning. I'm proud to work at The Times of Israel alongside colleagues who pour their hearts into their work day in, day out, to capture the complexity of this extraordinary place. I believe our reporting sets an important tone of honesty and decency that's essential to understand what's really happening in Israel. It takes a lot of time, commitment and hard work from our team to get this right. Your support, through membership in The Times of Israel Community, enables us to continue our work. Would you join our Community today? Thank you, Sarah Tuttle Singer, New Media Editor

Fabric Web Traffic

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Page Views per User (PVPU)
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Fabric Rank

Fabric Frequently Asked Questions (FAQ)

  • When was Fabric founded?

    Fabric was founded in 2015.

  • Where is Fabric's headquarters?

    Fabric's headquarters is located at 99 Wall Street, New York.

  • What is Fabric's latest funding round?

    Fabric's latest funding round is Series C.

  • How much did Fabric raise?

    Fabric raised a total of $336M.

  • Who are the investors of Fabric?

    Investors of Fabric include CPP Investments, Temasek, Princeville Global, Koch Disruptive Technologies, Harel Insurance Investments & Financial Services and 14 more.

  • Who are Fabric's competitors?

    Competitors of Fabric include Soft Robotics, Pickle Robot, Attabotics, Ambi Robotics, Alert Innovation, OnRobot, AutoGuide, Multiway, Geek+, Berkshire Grey and 59 more.

Compare Fabric to Competitors

RightHand Robotics Logo
RightHand Robotics

RightHand Robotics manufactures robots that grasp a wide variety of items from bins and cases. RightHand Robotics' robots reduce the cost of e-commerce order-fulfillment of electronics, apparel, grocery, pharmaceuticals, and other industries.

GreyOrange Logo
GreyOrange

GreyOrange is a global technology company unifying AI-driven software and mobile robotics to modernize order fulfillment and optimize warehouse operations in real-time. The GreyOrange Fulfillment Operating System is a fully integrated software and robots solution that uses advanced fulfillment science to instantaneously evaluate order data and compose the best decisions in real-time to efficiently orchestrate people, processes, and robots. The result is a fast, agile, and precisely tuned operation equipped to perpetually meet the what-when-where expectations of today’s retail consumer. GreyOrange was founded in 2011 and is based in Roswell, Georgia.

Osaro Logo
Osaro

Osaro specializes in AI software for industrial automation. Osaro offers integrated perception and control software for industrial scale robotic deployments (ASRS systems, auto manufacturing, food prep, and e-commerce).

Soft Robotics Logo
Soft Robotics

Soft Robotics is focused on robotic manipulation and automation solutions for logistics, advanced manufacturing, and food packaging. Soft Robotics builds soft rubber grippers for robots to grab items that they are moving around and hardware control units that help operate them.

Locus Robotics Logo
Locus Robotics

Locus Robotics designs and builds autonomous mobile robots that work collaboratively alongside workers in the logistics and fulfillment industries.

TakeOff Technologies Logo
TakeOff Technologies

TakeOff Technologies has developed a eGrocery model allowing users to order groceries online and get the groceries delivered to the users home.

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