# Fabric Labs

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

- Industry: Healthcare IT
- Headquarters: New York, US
- Website: www.fabrichealth.com
- Total disclosed funding: $80M
- Latest round: Series A (Feb 21, 2024)
- Investors on record: 7

## About

Based in New York, US, and founded in 2021 by CEO Aniq Rahman, Florence Labs, Inc., trading under the name Fabric, provides a consumer experience while reducing operational overhead. Through load-balancing physical and virtual capacity across health systems and clinics, the technology improves efficiency for healthcare professionals and patients, enabling speedier patient care. Florence Labs offers a platform that enables healthcare providers to manage their workflow, communication, and documentation in one place. The platform includes features, such as secure messaging, patient data management, and task assignment. The platform tracks and accelerates the journey via smartphone, updates clinical information, controls prescription fulfillment, initiates self-discharge when appropriate, and schedules follow-up appointments. The solution improves patient satisfaction, increases clinical capacity, and reduces patient churn.

## Funding rounds

- Series A, Feb 21, 2024, $60M — General Catalyst Partners, GV, Thrive Capital, Vast Ventures, BoxGroup, Salesforce Ventures, Atento Capital
- Seed, Mar 30, 2023, $20M — GV, Thrive Capital, Vast Ventures, BoxGroup, Salesforce Ventures, Atento Capital

## Investors

- GV (https://capitalatlas.ai/funds/gv) — Seed, Series A
- Thrive Capital (https://capitalatlas.ai/funds/thrive-capital) — Seed, Series A
- Vast Ventures (https://capitalatlas.ai/funds/vast-ventures) — Seed, Series A
- BoxGroup (https://capitalatlas.ai/funds/boxgroup) — Seed, Series A
- Salesforce Ventures (https://capitalatlas.ai/funds/salesforce-ventures) — Seed, Series A
- Atento Capital (https://capitalatlas.ai/funds/atento-capital) — Seed, Series A
- General Catalyst Partners (https://capitalatlas.ai/funds/general-catalyst-partners) — Series A