Company Overview

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Founded:
February 12, 2009
Founders:
Kathryn Petralia, Marc Gorlin, Rob Frohwein
Employees:
80
Headquarters:
Atlanta, GA
Funding:
$465.4M
Categories:
Credit, Finance
Description:
Kabbage is a provider of working capital for small businesses that are unable to obtain credit from traditional sources.

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 (13)

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Offices/Locations (1)

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  • Headquarters

    730 Peachtree Street

    Suite 350

    Atlanta, GA 30308

    USA

Images (1)

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