The headless commerce software provider received a capital injection from SoftBank as the e-commerce space looks to be more flexible.

Fabric, a US-based e-commerce software provider, has received $140m in a series C round led by internet and telecommunications group SoftBank at a valuation of about $1.5bn.

Stripes, Forerunner Ventures, Redpoint Ventures, Norwest Venture Partners and Glynn Capital filled out the participants, helping lift the company to unicorn status.

Fabric provides headless commerce services, which decouple the frontend from the backend of e-commerce applications to offer more multichannel experiences through a suite of application programming interfaces (APIs). It claims to…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.



Not sure if you have a subscription?
Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
Email LinkedIn