What is Fab?
Founded in 2011 and headquartered in New York, New York, Fab operates within the e-commerce sector, focusing on the online retail of fitness products. The company's business model centers on providing a curated selection of goods to consumers interested in health and wellness. Its sustained access to capital suggests a strong market position and a perceived potential for significant expansion within the competitive online retail landscape.
How much funding has Fab raised?
Fab has raised a total of $301.2M across 6 funding rounds:
Series A
$1.8M
Multiple Rounds
$48.7M
Series C
$100.8M
Series D
$150M
Series A (2010): $1.8M with participation from Zelkova Ventures, First Round Capital, Baroda Ventures, and The Washington Post Company
Angel/Seed (2011): $1M led by Baseline Ventures, Baroda Ventures, Uncork Capital, and SV Angel
Private Equity (2011): $7.7M supported by SoftTech VC, Menlo Ventures, A-Grade Investments, The Washington Post Company, Baroda Ventures, First Round Capital, SV Angel, Zelkova Ventures, and Thrive Capital
Series B (2011): $40M featuring Andreesen Horowitz, Baroda Ventures, First Round Capital, SoftTech VC, and Menlo Ventures
Series C (2012): $100.8M backed by RTP Ventures, Atomico, Baroda Ventures, Mayfield Fund, First Round Capital, Pinnacle Ventures, Menlo Ventures, Docomo Capital, and Andreessen Horowitz
Series D (2013): $150M with participation from Docomo Capital, Tencent, Inc., Andreessen Horowitz, Pinnacle Ventures, RTP Capital Associates, Menlo Ventures, Atomico, and Itochu Corporation
Key Investors in Fab
Andreesen Horowitz
Founded in 2009, Andreessen Horowitz is a private American venture capital firm that invests in both early-stage start-ups and established growth companies. The company is headquartered in Menlo Park, California.
Baroda Ventures
Baroda Ventures is a top venture capital firm located in Los Angeles. They invest in a variety of companies, including startups and small businesses. Their team is experienced and dedicated to helping businesses grow and succeed. Baroda Ventures provides funding and support for companies in need of capital to scale their operations.
First Round Capital
Baseline Ventures is a venture capital firm that invests in innovative startups across various sectors. The company focuses on supporting entrepreneurs and helping them achieve significant results, with a notable track record of successful IPOs and acquisitions. Their portfolio includes companies in finance, technology, and consumer services, catering to a diverse range of clients. Baseline Ventures aims to partner with exceptional entrepreneurs to drive growth and create value in the market.
What's next for Fab?
The substantial enterprise-level backing and recent strategic investment indicate that Fab is likely in a scaling phase, aiming to expand its product offerings, enhance its technological infrastructure, and potentially broaden its market reach. This level of financing typically supports significant operational growth, marketing initiatives, and strategic acquisitions. The company's ability to attract such considerable investment suggests investor confidence in its business model and future revenue potential within the fitness e-commerce niche.
See full Fab company page
