FabricAID logo — A social enterprise working to establish a socially and envi...

FabricAID

A social enterprise working to establish a socially and environmentally conscious value chain for the apparel industry.

Founded 2017 34 employees Series Unknown Total: $2.41M Fashion, Retail +1

General Information

Company Name FabricAID
Founded Year 2017
Employees 34
Industries Fashion, Retail, Sustainability
Funding Stage Series Unknown
Social

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About FabricAID

FabricAID, founded in 2017, is a social enterprise dedicated to creating a socially and environmentally conscious apparel value chain. Their slogan, "A social enterprise working to establish a socially and environmentally conscious value chain for the apparel industry," succinctly captures their mission.

The company focuses on optimizing the collection, sorting, and resale of second-hand clothes through sustainable retail brands. These brands provide dignified and affordable fashion options for marginalized communities. Additionally, FabricAID operates a state-of-the-art tailoring factory that produces ultra-low-cost clothing and upcycled merchandise. This manufacturing effort includes undergarments, basic apparel, uniforms, bags, and essentials for homes and offices, supporting local economic development.

The company recently secured a $300.00K Venture Round investment on 05 March 2024 from notable investors, including Hope Ventures, Mohammed Al AAli, and Alfanar. Pivoting towards sustainability with an innovative approach, FabricAID positions itself at the intersection of fashion, retail, and sustainability industries.

Taxonomy: social_enterprise, apparel_industry, value_chain, second_hand_clothing, sustainable_fashion, environmental_consiousness, marginalized_communities, upcycling, tailoring_factory, recycling, micro_pricing, economic_development, ethical_retail, sustainable_retail_brands, fabric_waste_reduction

Services & Products

Affordable Retail Brands
Upcycled Clothing Production
Uniform Production
Vocational Training in Tailoring
Clothing Collection and Redistribution

Target Customers

Vulnerable Communities Individuals Seeking Affordable Fashion Vocational Training Students Organisations Seeking Uniform Production

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round •••••• 3
Investor
•••• ••••
05 Mar 2024
Seed Round •••••• 2
Investor
•••• ••••
10 Jan 2022
Grant •••••• 1 •••• •••• 29 Sep 2020
Non Equity Assistance •••••• 1 •••• •••• 29 Sep 2020
Pre Seed Round •••••• - 01 Jan 2019

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FAQ About FabricAID

A social enterprise working to establish a socially and environmentally conscious value chain for the apparel industry.
FabricAID was founded in 2017.
FabricAID operates in the following industries: Fashion, Retail, Sustainability.
FabricAID has approximately 34 employees.
FabricAID has completed 5 funding rounds, raising a total of $2.41M. The latest funding stage is Series Unknown.
FabricAID offers: Affordable Retail Brands, Upcycled Clothing Production, Uniform Production, Vocational Training in Tailoring, Clothing Collection and Redistribution.
Top alternatives and competitors to FabricAID include INSTACO.COM, Tommy John, ROSE IN GOOD FAITH, OFFPRICE Show, TO THE MARKET. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
FabricAID and INSTACO.COM are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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