Fabric Secures $60M in Series A Investment Round

Fabric, a healthcare technology firm based in New York City, has successfully completed a Series A funding round, securing $60 million. This substantial investment was spearheaded by General Catalyst, with notable contributions from Thrive Capital, GV (formerly Google Ventures), Salesforce Ventures, Vast Ventures, Box Group, and Atento Capital.

The financing will be instrumental in enhancing Fabric's innovative technology, particularly its artificial intelligence capabilities. The healthcare platform aims to revolutionize care by automating a host of clinical and administrative tasks.