Tech Company Financing Transactions
Fabric Insurance Funding Round
On 6/20/2018, Fabric Insurance raised $10 million in Series A funding from Bessemer Venture Partners, RGAx and Silicon Valley Bank.
Transaction Overview
Company Name
Announced On
6/20/2018
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series A
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
81 Prospect St.
Brooklyn, NY 11201
USA
Brooklyn, NY 11201
USA
Phone
Website
Email Address
Not Recorded
Overview
Life insurance can be important, especially for parents of young children. Unfortunately, the current system of agents and brokers can make what should be a straightforward process complex, time-consuming, and expensive. As parents ourselves, we understand the need for something better.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Adam Erlebacher
Chief Technical Officer
Steven Surgnier
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Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. VC transactions reported here are sourced from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
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