Kabbage

Kabbage

Kabbage is a financial services data and technology platform that provides fully automated funding to small businesses in minutes. Kabbage leverages data generated through business activity such as accounting data, online sales, shipping and dozens of other sources to understand performance and deliver fast, flexible funding in real time. Through its Karrot brand, Kabbage offers simple consumer loans through its automated platform.On August 17th, 2020, Kabbage was acquired by American Express. The terms of the transaction were not disclosed.

Total funding
~$3348M
HQ 🇺🇸
Atlanta, United States
Year founded
2009
Status
Acquired
People
Robert J Frohwein
Founder
Marc J Gorlin
Founder
Kathryn Petralia
Founder
Jim Chou
Chief Technology Officer
Jeffrey W Hodges
Chief Financial Officer
Scott Rosenberg
Chief Financial Officer
Andrew Badstubner
Chief Technology Officer
James Chou
Chief Technology Officer
Amala Duggirala
Chief Technology Officer
Victoria Treyger
Chief Revenue Officer
Sam Wheeler
Senior Vice President
Investors
American Express
Credit Suisse
BlueRun Ventures
Thomvest Ventures
SoftBank Group
Reverence Capital Partners
Guggenheim Partners
UPS Strategic Enterprise Fund
ING
Scotiabank
Mohr Davidow Ventures
Recruit Strategic Partners
Yuan Capital
Mouro Capital
Softbank Capital
TCW Asset Management
David Bonderman
Warren Stephens
Lumia Capital
Victory Park Capital
SV Angel
Western Technology Investment
Undisclosed Angel Investors
Categories
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