Company Research Report: Fabric
Company Overview
Name, mission of the company
Fabric
Mission: Fabric aims to unlock business value through high-throughput and high-density automation, enabling retailers to achieve profitable e-commerce fulfillment.
When was the company founded and by whom
Founded: 2015
Co-Founders: Avi (Jack) Jacoby, Ori Avraham, Shay Cohen
Key people in the company
- Avi (Jack) Jacoby: Co-CEO, leads the company's operations, R&D, and innovation.
- Curt Avallone: Co-CEO, drives global commercial growth and strategy.
- Ori Avraham: Co-founder & CTO.
- Shay Cohen: Co-founder & VP Engineering.
- Maya Rubin: VP of Human Resources.
- Hagai Huss: VP Delivery & Operations.
- Jonathan Morav: VP Sales.
- Raphi Hess: VP R&D.
Where is the company headquartered
Headquarters: Hamasger 9 St, Tel Aviv, Israel
Additional Main Office: New York, USA
Number of employees
No information is available.
Revenue of the company
No information is available.
What is the company known for
Fabric is known for its robotics-based micro-fulfillment centers that enable retailers to compete with major e-commerce players like Amazon by providing high-density storage, AI-driven warehouse systems, and automated solutions to various fulfillment challenges.
Products
What products do they offer
Fabric offers various automated fulfillment solutions including:
- Back Of Store Automation
- Automated Micro-Fulfillment
- Enterprise-Scale Operations
- Fabric Smart Cube
- Robots
- Software & Artificial Intelligence
High level description of the product
- Back Of Store Automation: Leveraging existing store spaces to offer automated curbside pickup, ship-from-store, and omnichannel experiences.
- Automated Micro-Fulfillment: High-density automation in new or existing warehouse spaces enabling efficient micro-fulfillment operations.
- Enterprise-Scale Operations: Automating internal production processes like IT hardware replenishment and supply of production line parts without requiring large footprints.
- Fabric Smart Cube: Combines robotics and AI-driven systems for high-density storage, improving throughput and efficiency.
- Robots: Software-driven for improved reliability and flexibility.
- Software & AI: Optimizes warehouse operations from end-to-end for maximum efficiency.
Key Features of each of the products
- Back Of Store Automation: Automated curb-side pickup, ship-from-store, omnichannel experiences.
- Automated Micro-Fulfillment: 3D storage topology, fitting into urban centers or existing stores, improving storage density.
- Enterprise-Scale Operations: High-value inventory accuracy, integration with existing systems, and flexible 3D cube topology.
- Fabric Smart Cube: High-density, AI-enhanced robotic fulfillment, instantaneous capacity adjustments.
- Robots: Lift robots for vertical storage management, ground robots for horizontal transport, and robotic arms for automated tasks.
- Software & AI: Full control of operations, task orchestration, and continually optimizing efficiency.
Recent Developments
What are the recent developments in the company
- Fabric was awarded a patent delivering unparalleled flexibility in warehouse storage optimization.
- Fabric has achieved a milestone with a valuation exceeding $1 billion and raised $200M in a Series C funding round led by Temasek.
- Fabric announced major partnerships with Walmart, Instacart, and FreshDirect.
What are the new products launched
No information is available.
What are the new features added to the existing products
No information is available.
Any new partnerships, etc.
- Fabric recently partnered with A.P. Moller – Maersk to implement an AI-driven automated fulfillment center for E-commerce.
- New partnerships with Walmart, Instacart, and FreshDirect were also announced.
Note: Fields with "No information is available" indicate the data was not found in the provided materials.