Get Fabric Ltd
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Get Fabric Ltd - overview
Established
2015
Location
New York, NY, US
Primary Industry
Logistics & Distribution
About
Founded in 2015 by Elram Goren, and co-founder, Ori Avraham and based in New York, US, Get Fabric Ltd. , formerly known as CommonSense Robotics, operates an artificial intelligence-based platform that automates the urban supermarket through robots that prepare and pack consumers' orders. In October 2021, Get Fabric Ltd. raised USD 200 million in series C funding led by Temasek Holdings, with participation from the CPP Investment Board, Harel Insurance Investments, Koch Disruptive Technologies, KSH Capital, Pontifax AgTech, Princeville Capital, Union Tech Ventures, and Wharton Equity Partners.
The company has offices in New York City and Tel Aviv with more than 170 team members globally. Get Fabric Ltd offers solutions helping with the packaging and shipping of goods and enables retailers to offer same-day delivery at profitable unit economics with a network of micro-fulfillment centers. The company uses software, robotics, and automation to empower retailers to improve their consumer experience while improving operational efficiency and driving costs down. Get Fabric Ltd.
will use the funding to expand its on-demand fulfillment platform across the general merchandise market and build a network of micro-fulfillment centers across major metro areas in the United States.
Current Investors
Innovation Endeavors, Aleph, Playground Ventures
Primary Industry
Logistics & Distribution
Sub Industries
Warehouses, Analytics & Performance Software, Logistics Software
Website
www.getfabric.com
Verticals
Artificial Intelligence, IoT (Internet of Things), Manufacturing, Robotics
Company Stage
Series C
Total Amount Raised
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