Fable, a New York-based web-based motion design platform for creators, raised $15 million in Series A funding.
The round was led by Redpoint Ventures, with participation from Collaborative Fund, SIP Global Partners, Harrison Metal, Third Kind Venture Capital, and LightShed Ventures. In conjunction with the funding, Annie Kadavy of Redpoint will join the Board.
The company intends to use the funds to expand its team and grow its product offering.
Company: Fable, Inc.
Raised: $15.0M
Round: Series A
Funding Month: December 2021
Lead Investors: Redpoint Ventures
Additional Investors: Collaborative Fund, SIP Global Partners, Harrison Metal, Third Kind Venture Capital, and LightShed Ventures
Company Website: https://www.fable.app/
Software Category: web-based motion design platform
About the Company: Led by Chris Boardman, CEO, Fable provides a web-based motion design platform that empowers all creators with access and opportunities to tell stories with motion. Combining a user-friendly interface with collaboration tools, Fable brings teams together to manage, create, and review projects with one platform, across the entire creative process. Fable’s mission is to empower all creators with access and the opportunity to tell stories with motion.
Source: https://www.finsmes.com/2021/12/fable-raises-15m-in-series-a-funding.html