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Overview
Fabric Technologies, Inc. provides an online platform that helps families manage long-term financial and legal needs. It lets parents apply for affordable term life insurance in about 10 minutes (underwritten by Vantis Life), create free wills, and organize important financial documents in one place. The service combines insurance, will creation, and family-finance organization in a single, easy-to-use platform, with affordability and speed and strong security measures like 256-bit encryption, two-factor authentication, and biometric protection. Its goal is to help families protect their future by making financial and legal planning simpler, safer, and more affordable.
About Fabric
Industries
Consumer Software
Fintech
Financial Services
Legal
Company Size
51-200
Company Stage
Series B
Total Funding
$30.5M
Headquarters
New York City, New York
Founded
2015
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Simplify's Take
What believers are saying
- Western & Southern completed the Fabric acquisition and pledged multiyear investment in 2022.
- Fabric served over 60,000 families, proving real consumer demand and distribution scale.
- June 17, 2026 GerberLife.com launch expands Fabric's reach inside a trusted insurance brand.
What critics are saying
- Fabric stopped issuing Vantis policies; underwriting now depends on Western-Southern Life Assurance Company.
- Digital consumer insurance faces brutal acquisition costs if GerberLife.com traffic underperforms in 2026.
- If Fabric fails to convert family leads, Western & Southern can commoditize or absorb the product.
What makes Fabric unique
- Fabric by Gerber Life bundles life insurance, wills, and family finance in one app.
- Western & Southern acquired Fabric in January 2022 and backs its digital distribution.
- The 2026 GerberLife.com storefront integrates Fabric into a broader family financial-wellness channel.
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Funding
Total Funding
$30.5M
Below
Industry Average
Funded Over
3 Rounds
Bessemer Venture PartnersIndustry standards
Benefits
Remote Work Options
Paid Vacation
Health Insurance
Dental Insurance
Vision Insurance
Wellness Program
Mental Health Support
401(k) Retirement Plan
Stock Options
Company Equity
Conference Attendance Budget
Professional Development Budget
Family Planning Benefits
Fertility Treatment Support
Adoption Assistance
Parental Leave
Childcare Support
Phone/Internet Stipend
Home Office Stipend
Relocation Assistance
Employee Discounts
Gym Membership
Meal Benefits
Paid Holidays
Paid Sick Leave
Flexible Work Hours
Growth & Insights and Company News
6 month growth
↓ -1%1 year growth
↑ 0%2 year growth
↓ -1%Western & Southern Financial Group has completed the acquisition of Fabric Technologies Inc. and its subsidiary, Fabric Insurance Agency LLC, which provide a fully digital life insurance platform and mobile app that is serving over 60,000 families and has placed billions of dollars in life insurance coverage.
Fabric is Hiring for 3 Jobs on Simplify!
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About Fabric
Industries
Consumer Software
Fintech
Financial Services
Legal
Company Size
51-200
Company Stage
Series B
Total Funding
$30.5M
Headquarters
New York City, New York
Founded
2015
Fabric is Hiring for 3 Jobs on Simplify!
Find jobs on Simplify and start your career today