Fabric IPO

fabric.inc

Fabric was founded in 2017 by Ryan Bartley and Shiv Agarwal. The company has not publicly endorsed a plan to pursue an IPO at this time. These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

Fabric develops flexible e-commerce platforms for retailers. A number of prominent brands have adopted their software, including McDonalds, Chicos, Pier 1 Imports, and Volcom. The company has raised $336 million in Venture Capital funding from investors including SoftBank Vision Fund, Forerunner Ventures, Redpoint, Stripes, Norwest Venture Partners, and Glynn Capital Management. In 2021 the company announced a valuation of more than $1 billion.

Founded2017
Total Funding to Date$293.57MM
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Fabric Ticker Symbol

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Major Investors for Fabric

Norwest Venture Partners
Redpoint
Stripes
Sierra Ventures
Greycroft

Fabric Funding Rounds and IPO Valuation

Date Funding Round Funding Raised Price per Share IPO Valuation
2/24/2022 Series C $140MM raised $XXX.XX $XXX.XX
10/23/2019 Series B $100MM raised $XXX.XX $XXX.XX
2/15/2018 Series A $43MM raised $XXX.XX $XXX.XX
8/1/2017 Series Seed and Seed-1 $10.57MM raised $XXX.XX $XXX.XX
Based on primary financings
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