# Commerce Fabric

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/commerce-fabric

- Industry: Software
- Headquarters: Bellevue, US
- Website: www.fabric.inc
- Total disclosed funding: $293M
- Latest round: Series C (Feb 24, 2022)
- Investors on record: 10

## About

Based in Washington, US, and founded in 2017, Commerce Fabric Inc. operates as a provider of a digital commerce platform that enables retail buyers, planners, and marketers to grow digital revenue. The company was co-founded by Faisal Masud (CEO) and Ryan Bartley (CPO). In February 2021, Fabric Inc. raised USD 43 million in Series A funding led by new investor Norwest Venture Partners, with participation from returning investors Redpoint Ventures and Sierra Ventures. In July 2021, Commerce Fabric Inc. raised USD 100 million in Series B funding led by new investor Stripes, with participation from other new investors B Capital Group and Greycroft Partners.

The company is a provider of a cloud-native, headless commerce platform that helps in modernizing the merchandising, marketing, and commerce operations of mid-market and large businesses. Its line of products includes Storefront, Product Information Manager (PIM), Experience Manager (XM), Order Management System (OMS), and Headless Commerce APIs. Commerce Fabric also offers services such as digital consulting, product management, and performance marketing.

The company posted 800% year-over-year revenue growth.

Commerce Fabric Inc. plans to hire a marketing leadership team, broaden partnerships and support possible acquisitions, and expand its platform globally in the e-commerce market.

## Funding rounds

- Series C, Feb 24, 2022, $140M — Redpoint Ventures, Norwest Venture Partners, Forerunner Ventures, Stripes, Glynn Capital, SB Investment Advisers
- Series B, Jul 20, 2021, $100M — Redpoint Ventures, Sierra Ventures, Norwest Venture Partners, Greycroft, Stripes, B Capital
- Series A, Feb 9, 2021, $43M — Redpoint Ventures, Sierra Ventures, Norwest Venture Partners
- Seed, Aug 28, 2020, $9.6M — Redpoint Ventures, Sierra Ventures, Expa

## Investors

- Redpoint Ventures (https://capitalatlas.ai/funds/redpoint-ventures) — Seed, Series A, Series B, Series C
- Sierra Ventures (https://capitalatlas.ai/funds/sierra-ventures) — Seed, Series A, Series B
- Expa (https://capitalatlas.ai/funds/expa) — Seed
- Norwest Venture Partners (https://capitalatlas.ai/funds/norwest-venture-partners) — Series A, Series B, Series C
- Greycroft (https://capitalatlas.ai/funds/greycroft) — Series B
- Stripes (https://capitalatlas.ai/funds/stripes) — Series B, Series C
- B Capital (https://capitalatlas.ai/funds/b-capital) — Series B
- Forerunner Ventures (https://capitalatlas.ai/funds/forerunner-ventures) — Series C
- Glynn Capital (https://capitalatlas.ai/funds/glynn-capital) — Series C
- SB Investment Advisers (https://capitalatlas.ai/funds/sb-investment-advisers) — Series C