Funding Received
$465.4 Million in 10 Rounds from 13 Investors
Most Recent Funding
$50 Million Series D on May 5, 2014
Founded:
February 12, 2009
Headquarters:
Atlanta, GA
Description:
Kabbage is a provider of working capital for small businesses that are unable to obtain credit from traditional sources.
Founders:
Kathryn Petralia, Marc Gorlin, Rob Frohwein
Categories:
Credit, Finance
Website:
http://www.kabbage.com

Detailed Description

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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.

Current Team (8)

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Past Team (3)

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Board Members and Advisors (6)

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Investors (7)

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  • Bc5dad50d9a1d165196867d8555c6a75

    Mohr Davidow Ventures

    For 30 years the Mohr Davidow Ventures (MDV) team has invested in early stage technology-based...
  • Bbc7b1e1c66d519afc8cfb8bc9e0f10b

    BlueRun Ventures

    Early stage investor
  • 8c2ab57df154b75aa5c8324c826a1091

    Thomvest Ventures

    Thomvest is an early-stage venture capital firm with over $200 million under management. We...
  • B0f2ba77691d5ff698cd550bcf4dcc9e

    UPS Strategic Enterprise Fund

    Corporate venture capital
  • Jprdttbi4d2jzbqihded

    Lumia Capital

    VC firm partnering with leading tech companies in under-invested emerging markets and...
  • 8283fafdd9750e1261f1bc3d051bf7b4

    The TCW Group

    TCW offers institutional and individual investors a wide array of U.S. Equity, U.S. Fixed Income,...
  • Dqswfnohg2sqjwxmrezg

    SoftBank Capital

    SoftBank Capital is a multi-stage venture capital fund that partners with entrepreneurs building...

Offices/Locations (1)

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  • Headquarters

    730 Peachtree Street

    Suite 350

    Atlanta, GA 30308

    USA

Images (1)

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