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General Information

Offices

Headquarters
730 Peachtree Street
Suite 350
Atlanta, GA, 30308
USA

People

CEO - Founder
Co-founder and COO
CFO
SVP - Business Development
VP - People Operations
Board of Directors
Board of Directors
Board of Directors
Show All People

Funding

TOTAL $53.7M
FUNDING TOTAL $53.7M
Venture Round, 1/2011
BlueRun Ventures
David Bonderman
Warren Stephens
UPS Strategic Enterprise Fund
$6.65M
Series B, 8/2011
Mohr Davidow Ventures
BlueRun Ventures
Warren Stephens
UPS Strategic Enterprise Fund
Jim McKelvey
$17M
Series C, 9/2012
Thomvest Ventures
UPS Strategic Enterprise Fund
Mohr Davidow Ventures
BlueRun Ventures
Warren Stephens
David Bonderman
SV Angel
$30M
DEBT TOTAL $362M
Debt, 1/2010
$1.3M
Debt, 3/2010
$1.41M
Debt, 4/2010
$2M
Debt, 12/2011
Western Technology Investment
$12M
Debt, 4/2013
Victory Park Capital
Thomvest Ventures
$75M
Debt, 4/2014
$270M

Tags

Kabbage

Kabbage, Inc. is the leading provider of working capital for small businesses.

Kabbage has pioneered the first financial services data and technology platform to provide funding to small businesses in less than 7 minutes. Kabbage leverages data generated through business activity such as seller channels, social media, shipping data, and other sources to understand performance and deliver financing options for small businesses.

There is a rapidly growing delta between small-to-medium businesses need for credit and its availability from traditional sources.

As a large percentage of small businesses, online retail sales as a percentage of total retail sales have doubled in the past five years. Ecommerce sales overall in 2006 were just over $107 billion, representing 2.7 percent of total retail sales . There are over 100 million Ebay users in the US today, with an estimated 200 million new listings in 2Q, 2008 alone. There are an estimated 5 million power sellers transacting over $48 billion on Ebay and more than 8 million high-volume sellers representing over $70 billion across all marketplaces.

Recent Milestones

  • Dollar
    Kabbage received $270M in Debt funding. (4/9/14)
    Posted 4/9/14 at 3:09am via finsmes.com
  • Dollar
    Kabbage received $75M in Debt funding. (4/3/13)
    Posted 4/6/13 at 3:04am via techcrunch.com
  • Check
    Kabbage added Josh Anish as Director of Content Marketing, SEO and Social Media. (2/4/13)
    Posted 2/5/13 at 5:16pm
  • Check
    Kabbage added Amy Zimmerman as VP - People Operations. (11/1/12)
    Posted 7/10/13 at 8:09pm
  • Check
    Kabbage added Katelyn Watson as Sr. Director, Marketing. (10/1/12)
    Posted 10/15/13 at 11:08am
  • Dollar
    Kabbage received $30M in Series C funding. (9/17/12)
    Posted 9/17/12 at 8:42pm via techcrunch.com
  • Check
    Kabbage added Don Butler as Board of Directors. (9/1/12)
    Posted 6/5/13 at 3:35am
  • Check
    Kabbage — In May 2012, Kabbage was named a Red Herring 100 North American Winner, which recognizes the top private companies in the Americas. The award focuses on identifying companies who have developed sustainable, long-term innovations and are positioned to grow (5/1/12)
    Posted 7/13/12 at 10:31am
  • Check
    Kabbage — In May 2012, Kabbage was named a Red Herring 100 North American Winner, which recognizes the top private companies in the Americas. The award focuses on identifying companies who have developed sustainable, long-term innovations and are positioned to grow (5/1/12)
    Posted 7/13/12 at 10:31am
  • Check
    Kabbage added Victoria Treyger as Chief Marketing Officer. (4/1/12)
    Posted 7/10/13 at 8:09pm
  • Check
    Kabbage added Sam Wheeler as SVP - Business Development. (1/1/12)
    Posted 7/10/13 at 8:09pm
  • Dollar
    Kabbage received $12M in Debt funding. (12/13/11)
    Posted 12/13/11 at 7:18pm via techcrunch.com
  • Dollar
    Kabbage received $17M in Series B funding. (8/17/11)
    Posted 8/17/11 at 5:58pm via techcrunch.com
  • Check
    Kabbage — Kabbage added Bryan Stolle as a director. (8/9/11)
    Posted 9/17/11 at 6:48am
  • Dollar
    Kabbage received $6.65M in Venture Round funding. (1/12/11)
    Posted 1/13/11 at 6:08am via techcrunch.com
  • Check
    Kabbage added Jonathan Ebinger as Board of Directors. (1/1/11)
    Posted 2/2/11 at 10:25am

Videos

Above:

Kabbage demoing at FinovateSpring 2010

Added: 3/17/14
Above:

Kabbage demoing at FinovateSpring 2011

Added: 3/17/14
Above:

Kabbage demoing at FinovateFall 2011

Added: 3/17/14
Above:

Kabbage demoing at FinovateEurope 2012

Added: 3/17/14
Above:

Kabbage demoing at FinovateSpring 2012

Added: 3/17/14
Above:

Kabbage demoing at FinovateEurope 2013

Added: 3/17/14
Above:

Kabbage demoing at FinovateSpring 2013

Added: 3/17/14

Screenshots

Sources

  1. User/SEC (sec.gov) [edit]
  2. SEC D (sec.gov) [edit]
  3. SEC D/A (sec.gov) [edit]
  4. Kabbage Raises $6.7M To Give Online Merchants Working Capital To Grow Their Businesses (techcrunch.com) [edit]
  5. Square Co-Founder And Others Put $17M In Online Merchant Lender Kabbage (techcrunch.com) [edit]
  6. Online Merchant Lender Kabbage Raises Another $12 Million (techcrunch.com) [edit]
  7. Data-Focused Online Merchant Lender Kabbage Raises $30M From UPS, SV Angel And Others (techcrunch.com) [edit]
  8. Kabbage Raises $75M In Debt To Fund Online Merchants On Amazon, eBay, And Etsy (techcrunch.com) [edit]
  9. Kabbage Closes $270M Credit Facility (finsmes.com) [edit]
  10. Citation Needed [add]
    Citation Needed [add]
    Citation Needed [add]
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Last Edited 4/9/14

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