Fabric (Life and Health Insurance) Overview
- Founded
-
2015

- Status
-
Acquired/Merged
- Employees
-
41

- Latest Deal Type
-
M&A
Fabric (Life and Health Insurance) 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 site, as well as offering other family financial planning tools, enabling users to achieve long-term financial security.
Contact Information
Website
www.meetfabric.com
Ownership Status
Acquired/Merged
(Operating Subsidiary)
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Primary Industry
Other Insurance
Other Industries
Financial Software
Parent Company
Primary Office
- 20 Jay Street
- Suite 438
- New York, NY 11201
- United States
+1 (917) 000-0000
Fabric (Life and Health Insurance) Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
5. Merger/Acquisition | 10-Jan-2022 | 000.00 | Completed | Generating Revenue | ||
4. Later Stage VC (Series B) | 08-Oct-2020 | 0000 | 000.00 | 0000 | Completed | Generating Revenue |
3. Debt - PPP | 28-Apr-2020 | 00000 | 000.00 | Completed | Generating Revenue | |
2. Early Stage VC (Series A) | 19-Jun-2018 | $10M | $12.5M | 0000 | Completed | Generating Revenue |
1. Seed Round | 21-May-2017 | $2.5M | $2.5M | 000 | Completed | Generating Revenue |
Fabric (Life and Health Insurance) Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series B-2 | 000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 0.00 | |
Series B-1 | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 0.000 | |
Series B | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 00.000 | |
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 (Life and Health Insurance) Comparisons
Description
Primary
Industry
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Developer of a digital life insurance platform designed to assist in family financial planning. The company's platform s
Other Insurance
New York, NY
41
As of 2022
000.00
000000&0
000.00
Fabric (Life and Health Insurance) Competitors (14)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
JennyLife | Venture Capital-Backed | Seattle, WA | 0 | 00.00 | 00000000000 | 00.00 |
00000 0000 | Venture Capital-Backed | San Francisco, CA | 000 | 00000 | 0000000000 0 | 00000 |
0000000 | Venture Capital-Backed | Hartford, CT | 00 | 0000 | 00000000000 | 0000 |
000000 000000000 | Venture Capital-Backed | Menlo Park, CA | 000 | 00000 | 00000000000 | 00000 |
0000000 0000 | Venture Capital-Backed | San Jose, CA | 000 | 000.00 | 00000000000 | 000.00 |
Fabric (Life and Health Insurance) Executive Team (4)
Fabric (Life and Health Insurance) Signals
Fabric (Life and Health Insurance) Former Investors (22)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|---|---|---|---|---|
Alumni Ventures | Venture Capital | Minority | 000 0000 | 000000 0 | |
Bessemer Venture Partners | Venture Capital | Minority | 000 0000 | 000000 0 | |
BoxGroup | Venture Capital | Minority | 000 0000 | 000000 0 | |
Brainchild (New York) | Venture Capital | Minority | 000 0000 | 000000 0 | |
CNO Financial Group | Holding Company | Minority | 000 0000 | 000000 0 |