BREAKING   Fabric founder Aniq Rahman named to Modern Healthcare 40 Under 40 $60M Series A led by General Catalyst FROM ZERO to 70+ health systems in a year Five acquisitions in 18 months EXIT Moat sold to Oracle for ~$850M 5 million patients treated FORBES 30 Under 30 alum BREAKING   Fabric founder Aniq Rahman named to Modern Healthcare 40 Under 40 $60M Series A led by General Catalyst FROM ZERO to 70+ health systems in a year Five acquisitions in 18 months EXIT Moat sold to Oracle for ~$850M 5 million patients treated FORBES 30 Under 30 alum
Founder · Operator · Investor

Aniq
Rahman

Founder & CEO, Fabric · New York

He sold an ad-analytics company to Oracle, then spent weeks in a hospital waiting room and decided the waiting room itself was the bug worth fixing.

healthcare ai care enablement serial founder cornell engineer
Aniq Rahman, founder and CEO of Fabric
Aniq Rahman. The grin of a man on his fourth company and counting.
~$850M
Moat exit to Oracle
5
Acquisitions in 18 months
~5M
Patients treated via platform
$60M
Series A, Feb 2024

Weaving a torn system back together

Fabric is named after what it tries to do. Healthcare runs on dozens of disconnected point solutions - one tool for intake, another for triage, a third for scheduling, a fourth for the virtual visit. Aniq Rahman's company stitches those threads into a single cloth: an AI-driven care enablement platform that moves a patient from "I feel unwell" to "I've been treated" without the usual relay race of forms, phone trees and waiting rooms.

The pitch he keeps returning to is borrowed from consumer tech. He wants care to feel like Spotify or Uber - on-demand, omnichannel, and indifferent to whether you are at home or in a clinic. Conversational AI handles the triage and navigation. Clinical logic, validated by a roster of chief medical officers, decides what happens next. The provider gets a head start instead of a blank screen.

It is working at a pace that is hard to fake. Fabric went from zero to more than 70 health systems in roughly a year, crossed eight figures in annual recurring revenue, and ran north of 900,000 triage, navigation and self-scheduling sessions in a single year. By Fabric's own accounting, the automation gave back the equivalent of 34 years of provider work time in 2024 alone. Around five million patients have been treated through the telemedicine platform.

Rahman did not build all of that from scratch, and he is candid about it. He bought a lot of it. In 18 months he acquired the virtual-care company Zipnosis, the conversational-AI assistant GYANT, the telehealth provider MeMD, TeamHealth's virtual care service line, and Walmart's virtual care business. Each acquisition was a thread; the platform is the weave.

"There is a lot of complexity, chaos and dysfunction in the healthcare system. I think some of that can be addressed with technology."
- Aniq Rahman, Fierce Healthcare

A heart attack, a hospital, a hunch

In 2018 Rahman's father had a heart attack. The system saved him. What stuck with the son was the gap between the people and the plumbing - skilled clinicians and nurses doing heroic work, surrounded by technology that seemed a generation behind the rest of the world.

He had spent his career around software that updated itself constantly. The hospital felt frozen. That contrast became the thesis. Not "healthcare is broken" - the staff plainly were not broken - but that the connective tissue around them had never been modernized. So he set out to build the tissue.

Rahman has been careful never to position Fabric as a replacement for the people in scrubs. The on-demand, virtual-first experience he describes is meant to clear the runway so clinicians spend less time on intake and admin and more on the part only humans do.

"I just spent a lot of time in the hospital seeing the heroes that saved his life... and at the same time, I observed the inherent chaos and dysfunction of a system where technology has not really been brought to the forefront."

The Receipts

An exit habit, then a hard pivot

EARLY CAREER
On the early team at Behance, the design network later bought by Adobe.
PRE-2014
CEO of Instinctiv, a media software company acquired by SoundCloud.
2014
Joins Vast Ventures as partner; becomes an active angel investor, with early bets including Coinbase and Clover Health.
2017
As president of ad-analytics firm Moat, helps steer its roughly $850M sale to Oracle. Named to Forbes 30 Under 30.
2021
Founds Fabric to attack healthcare's capacity and workflow problems.
2024
Raises a $60M Series A led by General Catalyst; acquires GYANT and Walmart's virtual care business, among others.
2025
Named to Modern Healthcare's 40 Under 40.

The Series A reads like a who's-who of operators who like founders with exits behind them.

General Catalyst Thrive Capital GV Salesforce Ventures Vast Ventures Box Group Atento Capital
Zipnosis GYANT MeMD TeamHealth virtual care Walmart virtual care

Talking like an operator, not a brochure

We went from really zero to 70 health systems over the last year, and we scaled from zero to past eight figures in annual recurring revenue.

We're creating that on-demand experience for patients to get care through a more omnichannel lens. We want to give great care virtually so people don't have to leave their homes.

Our goal was to create a truly end-to-end experience that allows our partners to replace fragmented point solutions, streamline patient and provider experiences, and improve clinical outcomes.

There is a lot of complexity, chaos and dysfunction in the healthcare system. I think some of that can be addressed with technology.

The Margins

Things that don't fit on the cap table

Started young

He reportedly became a multimillionaire by 30 after a string of startup exits.

Design roots

His first big-name stop was Behance, before Adobe came calling.

First exit

SoundCloud bought his company Instinctiv early in his career.

Still investing

Beyond Fabric he angel-invests, with early checks into Coinbase and Clover Health.

Off the clock

A fan of winter ice skating and the holiday market at Bryant Park.

The mission

His one-line aspiration for Fabric: care for everyone, everywhere.

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