Fabric by Gerber Life Overview

  • Year Founded
  • 2015

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 41

Employees

  • Latest Deal Type
  • 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

Formerly Known As
Fabric Insurance Agency LLC., Fabric Insurance Agency
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • 20 Jay Street
  • Suite 438
  • Brooklyn, NY 11201
  • United States
+1 (917)
Primary Industry
Financial Software
Other Industries
Other Insurance
Vertical(s)
Corporate Office
  • 20 Jay Street
  • Suite 438
  • Brooklyn, NY 11201
  • United States
+1 (917)

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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
To view Fabric by Gerber Life’s complete valuation and funding history, request access »

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%
To view Fabric by Gerber Life’s complete cap table history, request access »

Fabric by Gerber Life Comparisons

Description
Primary
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
Financial Software
Brooklyn, NY
41 As of 2022

Palo Alto, CA
 

Prague, Czech Republic
 
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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
You’re viewing 5 of 10 competitors. Get the full list »

Fabric by Gerber Life Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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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
You’re viewing 5 of 22 investors. Get the full list »

Fabric by Gerber Life FAQs

  • When was Fabric by Gerber Life founded?

    Fabric by Gerber Life was founded in 2015.

  • Where is Fabric by Gerber Life headquartered?

    Fabric by Gerber Life is headquartered in Brooklyn, NY.

  • What is the size of Fabric by Gerber Life?

    Fabric by Gerber Life has 41 total employees.

  • 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.

  • 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.

  • 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.

  • 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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