Fabric provides term life insurance through a fully digital experience designed to make coverage quick, simple, and affordable for young families. Policies are issued by Vantis Life, which carries an A rating from A.M. Best, giving customers additional confidence in claims-paying ability. Since launching roughly a year ago, the company has attracted thousands of families who have purchased coverage via its proprietary online process. The platform removes traditional pain points—lengthy applications, medical exams, and opaque pricing—by automating underwriting and offering transparent, mobile-friendly onboarding. Fabric positions itself as a modern financial-protection brand, competing with legacy insurers by emphasizing speed, cost, and user experience. To support accelerating demand, the firm is expanding headcount at its Brooklyn, New York office. Backed by top-tier investors, Fabric plans to scale marketing, product development, and partnerships that further integrate insurance into everyday financial planning for parents.

Total raised

$31M

Funding rounds

3

Latest round

Series B

Latest activity

Nov 2020