Description
The Fabric is a Seattle-based venture studio and early-stage venture capital firm that co-founds, incubates, and invests in technology companies focused on enterprise software, data platforms, fintech infrastructure, AI, and cybersecurity. Founded in 2012, The Fabric operates as a company-creation partner rather than a traditional accelerator, working closely with founders from idea to early scale.
The Fabric is known for pairing deep technical and operational support with founder-led execution, often helping to originate companies internally or alongside experienced operators.
Specific Funding Stage
Idea / Company Formation (Core Focus)
- The Fabric is most active at the 0→1 stage, including:
- Idea development
- Market validation
- Company formation
- Many startups are conceived inside the studio or co-created with founders at inception.
Pre-Seed / Seed (Follow-On)
- After formation, The Fabric typically provides pre-seed and seed capital and remains a long-term partner as companies raise institutional rounds.
Investment Amount and Percentage Equity (Company-Level)
Capital Model
- The Fabric provides foundational capital and deep operational resources to companies it helps build.
- It does not publish standardized check sizes, but investments usually span pre-seed through seed, often combined with hands-on studio support.
Equity Taken
- As a venture studio, The Fabric typically takes a meaningful equity stake at formation — larger than a passive VC but aligned with its role as:
- Co-founder
- Incubator
- Early institutional investor
- Exact ownership percentages are not publicly disclosed and are negotiated per company.
Equity Structure
- Equity is generally structured at company formation, not via standardized accelerator SAFEs.
- The Fabric contributes:
- Initial capital
- Product and engineering leadership
- Go-to-market and enterprise sales expertise
- Shared operational infrastructure
- The Fabric dilutes alongside founders as companies raise external seed and Series A rounds.
Application / Submission Method
How Founders Engage
- Engagement typically occurs through:
- Warm introductions
- Direct founder outreach
- Founder-in-Residence–style conversations
- The Fabric does not run open cohort applications like YC or Techstars.
Interaction Model
- Highly selective, relationship-driven, and long-term.
- Works with a small number of founders at a time.