Ecommerce platform Fabric raises USD 43 mln in series A

Friday 12 February 2021 10:34 CET | News

US-based ecommerce startup Fabric has raised USD 43 million in Series A funding.

According to TechCrunch, the announcement comes less than four months after Fabric announced its USD 9.5 million seed round. Fabric has built 32 separate applications which can be integrated with existing commerce tools, and which collectively cover everything from customer experience to product information and order management.

With the new funding, Fabric will be able to expand its sales and marketing team while also continuing to improve the product. Company representatives said he’s less interested in reaching larger or smaller customers, and more interested in expansion by ‘building out a bigger suite of co-pilot apps,’ for example by doing more to support order logistics and fulfillment.

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Keywords: Fabric, ecommerce, US, North America, ecommerce startup, Series A funding, payments
Categories: Payments & Commerce
Countries: United States
This article is part of category

Payments & Commerce