Fabric

Get closer to customers with micro-fulfillment.

About

Founded

2015

Headquarters

New York, New York

Industry

Supply Chain & Logistics, E-commerce

Company Description

Fabric is a world-class automated fulfillment solution that enables retailers to achieve profitable e-commerce fulfillment with high-throughput and high-density automation. Our automated fulfillment solution combines state-of-the-art hardware and software, meticulously designed through years of experience operating e-commerce and grocery sites. Through technology and vast experience, Fabric ensures that each aspect of the fulfillment process, from inbound to outbound, is optimized to rival the harmonious performance of a symphony. With Fabric, retailers gain the tools they need to stay ahead in the rapidly evolving e-commerce landscape and unlock business value to meet customers wherever and whenever they are.

Quick Links

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Funding

Total Raised

$316 million

Valuation

$1 billion+

Significant Investors

Temasek, Koch Disruptive Technologies, Union Tech Ventures, Harel Insurance & Finance, Pontifax Global Food

Company Traction

  • As of July 2023, Fabric reported customers are seeing a 3x increased throughput compared to manual fulfillment, a 60% reduction in labor costs, a 70% improvement in storage density, and 99% inventory accuracy.

Leadership Team

  • Avi Jacoby: CEO at Fabric. Former COO at Better Place.
  • Ori Avraham: Co-Founder & CTO of Fabric. Former Senior Project Manager at MOD.
  • Shay Cohen: Co-Founder & VP of Engineering of Fabric. Former Head of R&D of the Integrated Mechanics at Israeli Military Intelligence.
  • Hagai Huss: VP of Delivery and Operations at Fabric. Former Global Project Management Manager at SolarEdge Technologies.
  • Jonathan Morav: VP of Sales at Fabric. Former Director of Retail Operations at Juice Press.

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