Fabric by Gerber Life Overview
- Year Founded
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2015

- Status
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Acquired/Merged
- Employees
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41

- Latest Deal Type
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M&A
Fabric by Gerber Life General Information
Description
Developer of a digital life insurance platform designed to assist in family financial planning. The company's platform sells life insurance and offers free wills and testaments on its website, as well as other family financial planning tools, enabling users to achieve long-term financial security.
Contact Information
Website
www.meetfabric.com(Operating Subsidiary)
Corporate Office
- 20 Jay Street
- Suite 438
- Brooklyn, NY 11201
- United States
Corporate Office
- 20 Jay Street
- Suite 438
- Brooklyn, NY 11201
- United States
Fabric by Gerber Life Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
5. Merger/Acquisition | 10-Jan-2022 | Completed | Generating Revenue | |||
4. Later Stage VC (Series B) | 08-Oct-2020 | Completed | Generating Revenue | |||
3. Debt - PPP | 28-Apr-2020 | Completed | Generating Revenue | |||
2. Early Stage VC (Series A) | 19-Jun-2018 | $10M | $12.5M | Completed | Generating Revenue | |
1. Seed Round | 21-May-2017 | $2.5M | $2.5M | Completed | Generating Revenue |
Fabric by Gerber Life Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series B-2 | ||||||||
Series B-1 | ||||||||
Series B | ||||||||
Series A | 4,367,528 | $0.000010 | $1.83 | $1.83 | 1x | $1.83 | 18.39% | |
Seed | 3,715,727 | $0.000010 | $0.76 | $0.76 | 1x | $0.76 | 15.65% |
Fabric by Gerber Life Comparisons
Industry
Financing
Details
Fabric by Gerber Life Competitors (10)
One of Fabric by Gerber Life’s 10 competitors is Ladder, a Venture Capital-Backed company based in Palo Alto, CA.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Ladder | Venture Capital-Backed | Palo Alto, CA | ||||
Mutumutu | Formerly VC-backed | Prague, Czech Republic | ||||
Majesco | Private Equity-Backed | Morristown, NJ | ||||
Ethos (Insurance Brokers) | Venture Capital-Backed | Austin, TX | ||||
JennyLife | Formerly VC-backed | Seattle, WA |
Fabric by Gerber Life Signals
Fabric by Gerber Life Former Investors (22)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Alumni Ventures | Venture Capital | Minority | ||
Bessemer Venture Partners | Venture Capital | Minority | ||
BoxGroup | Venture Capital | Minority | ||
Brainchild (New York) | Venture Capital | Minority | ||
CNO Financial Group | Holding Company | Minority |
Fabric by Gerber Life FAQs
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When was Fabric by Gerber Life founded?
Fabric by Gerber Life was founded in 2015.
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Where is Fabric by Gerber Life headquartered?
Fabric by Gerber Life is headquartered in Brooklyn, NY.
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What is the size of Fabric by Gerber Life?
Fabric by Gerber Life has 41 total employees.
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What industry is Fabric by Gerber Life in?
Fabric by Gerber Life’s primary industry is Financial Software.
-
Is Fabric by Gerber Life a private or public company?
Fabric by Gerber Life is a Private company.
-
What is Fabric by Gerber Life’s current revenue?
The current revenue for Fabric by Gerber Life is
. -
How much funding has Fabric by Gerber Life raised over time?
Fabric by Gerber Life has raised $30.5M.
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Who are Fabric by Gerber Life’s investors?
Alumni Ventures, Bessemer Venture Partners, BoxGroup, Brainchild (New York), and CNO Financial Group are 5 of 22 investors who have invested in Fabric by Gerber Life.
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Who are Fabric by Gerber Life’s competitors?
Ladder, Mutumutu, Majesco, Ethos (Insurance Brokers), and JennyLife are some of the 10 competitors of Fabric by Gerber Life.
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When was Fabric by Gerber Life acquired?
Fabric by Gerber Life was acquired on 10-Jan-2022.
-
Who acquired Fabric by Gerber Life?
Fabric by Gerber Life was acquired by Western & Southern Financial Group.
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