Fabric Acquires GYANT

January 31, 2024

Fabric, a care enablement platform founded by Aniq Rahman, has acquired conversational AI company GYANT in an all-cash deal and brought the entire GYANT team into Fabric. The acquisition expands Fabric’s product capabilities in conversational patient engagement and increases its employee base (Fabric expanded to ~130 employees) while adding GYANT co-founder Stefan Behrens to Fabric’s executive team as chief strategy officer.

Buyers
Fabric
Targets
GYANT
Location
California, United States
Transaction Type
Buyout

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