Who founded Fabric Technologies?

Fabric Technologies was founded by Adam Erlebacher, Steven Surgnier in 2015.

Who are Fabric Technologies's investors?

Fabric Technologies's investors include Alumni Ventures, Bessemer Venture Partners, Red Sea Ventures.

How much funding has Fabric Technologies raised?

Fabric Technologies has disclosed $100K raised across 1 round.

Where is Fabric Technologies headquartered?

Fabric Technologies is headquartered in Brooklyn, US.

Fabric Technologies

Brooklyn, US · Founded 2015 · Delaware corporation · 63 employees on LinkedIn · 3 known investors

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Fabric offers UGMA custodial investment accounts for children, allowing parents to invest money that grows over time and can be withdrawn for any child-related expenses. The service provides professionally managed portfolios with no hidden fees, penalty-free withdrawals, and tax advantages compared to standard investment accounts.

Consumer Fintech

Founders & leadership

Fabric Technologies was founded in 2015 by Adam Erlebacher and Steven Surgnier.

Adam Erlebacher Co-founder

Steven Surgnier Co-founderSteven Surgnier holds a Master's degree in Electrical Engineering and has background in machine learning and distributed systems. He serves as Director of Fabric Technologies, which offers UGMA custodial investment accounts for children.

Investors · 3

Alumni Ventureslisted by Alumni VenturesManchester · $100K – $10M

How we know: av.vc · Not right? Tell us

Bessemer Venture Partnerslisted by Bessemer Venture PartnersSan Francisco · $50K – $100M

How we know: Bessemer Venture Partners's portfolio page · open dataset · 5k.vc investor directory · Not right? Tell us

Red Sea VenturesreportedNew York · $300K – $1M

How we know: the VCSheet dataset · Not right? Tell us

Reported raises · per SEC filings

Form D private placements

$100K disclosed across 1 round · 2015

▶$100KraisedDec 2015 · 2 investors · Other

Rule 506(b)

Officers, directors & promoters on the filing

Adam ErlebacherExecutive Officer, Director
Steven SurgnierDirector

Offering amount: $200K
Amount sold: $100K
First sale: Nov 2015
Incorporated: Corporation, Delaware, 2015
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

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Companies working in the same space as Fabric Technologies.

Frequently asked questions

What does Fabric Technologies do?: Fabric offers UGMA custodial investment accounts for children, allowing parents to invest money that grows over time and can be withdrawn for any child-related expenses. The service provides professionally managed portfolios with no hidden fees, penalty-free withdrawals, and tax advantages compared to standard investment accounts.
Who founded Fabric Technologies?: Fabric Technologies was founded by Adam Erlebacher, Steven Surgnier in 2015.
Who are Fabric Technologies's investors?: Fabric Technologies's investors include Alumni Ventures, Bessemer Venture Partners, Red Sea Ventures.
How much funding has Fabric Technologies raised?: Fabric Technologies has disclosed $100K raised across 1 round.
Where is Fabric Technologies headquartered?: Fabric Technologies is headquartered in Brooklyn, US.