Fabric Insurance Agency
2015
FOUNDED
PRIVATE
STATUS
1-10
EMPLOYEES
Series A
LATEST DEAL TYPE
$10M
LATEST DEAL AMOUNT
11
INVESTORS
Description
Developer of a digital life insurance platform designed to make life insurance easily accessible and inexpensive. The company's digital life insurance platform offers a straightforward system to obtain life insurance policies, enabling individuals and families to access smart financial products without long-term commitments or the need for an agent or broker.
Website
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Life and Health Insurance
Other Industries
Application Software
Primary Office
- 81 Prospect Street
- Brooklyn, NY 11201
- United States
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Fabric Insurance Agency Valuation and Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 2. Early Stage VC (Series A) | 19-Jun-2018 | $10M | 000.00 | 0000 | Completed | Generating Revenue |
| 1. Seed Round | 27-May-2016 | 00.00 | 00.00 | 000 | Completed | Generating Revenue |
Fabric Insurance Agency Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price |
% Owned |
|---|---|---|---|---|---|---|---|---|
| Series A | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 000 | |
| Seed | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
Fabric Insurance Agency Competitors (15)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Ladder Financial | Venture Capital-Backed | Palo Alto, CA | 00 | 0000 | 00000000000 | 0000 |
| 00000 (0000 000000 | Venture Capital-Backed | San Francisco, CA | 00 | 00000 | 00000000000 | 00000 |
| 00000 000000000 | Venture Capital-Backed | Mountain View, CA | 000 | 00000 | 00000000000 | 00000 |
| 000000 | Venture Capital-Backed | Dallas, TX | 00 | 000.00 | 00000000000 | 000.00 |
| 0000000 0000 0000 | Corporation |
Fabric Insurance Agency Investors (11)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Board Seat |
Contact Info |
|---|---|---|---|---|---|---|
| Alumni Ventures Group | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| Chestnut Street Ventures | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| Nebari Holdings | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| Purple Arch Ventures | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| Silicon Valley Bank | Lender/Debt Provider | Minority | 000 0000 | 000000 0 |