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Kabbage - About the company

Kabbage is an acquired company based in Atlanta (United States), founded in 2009 by Kathryn Petralia, Rob Frohwein and Marc Gorlin. It operates as an Online lending platform for business loans. Kabbage has raised $321M in funding from investors like SoftBank Group, Mohr Davidow Ventures and BlueRun Ventures, with last known valuation of $700M.

Sectors and market segments that Kabbage operate in

Kabbage serves in the FinTech market segments.The primary business model of Kabbage is:

Company Details

Kabbage provides an online lending platform for business loans. It offers loans such as invoice financing, working capital loans, lines of credit, and more. It offers business services such as checking accounts, debit cards for online/offline purchases, an app-based platform for loans, and more. The app is available on both IOS & Android devices.
Social
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Registered Address
Atlanta, Georgia
Key Metrics
Founded Year
2009
Location
Atlanta, United States
Stage
Acquired
Total Funding
$321M in 15 rounds
Last Known Valuation
$700M as on Sep 14, 2017
Ranked
Employee Count
113 as on Mar 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by American Express (Aug 17, 2020)

Kabbage's acquisition details

Kabbage got acquired by American Express on Aug 17, 2020.
Click here to take a look at Kabbage's acquisition in detail
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Kabbage's funding and investors

Kabbage has raised a total funding of $321M over 15 rounds. Its first funding round was on Aug 27, 2009. Kabbage has 29 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of Kabbage:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 02, 2019
$200M
Conventional Debt
-
-
-
-
Apr 08, 2019
$700M
Conventional Debt
-
-
-
-
Nov 16, 2017
$200M
Conventional Debt
-
-
-
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Kabbage's founders and board of directors

Founder? Claim Profile
The founders of Kabbage are Kathryn Petralia, Rob Frohwein and Marc Gorlin.
Here are the details of Kabbage's key team members:

Kabbage's employee count trend

Kabbage has 113 employees as of Mar 26. Here is Kabbage's employee count trend over the years:
Employee count trend for Kabbage
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Kabbage's Investments and acquisitions

Kabbage has made 2 investments in companies including Arf and Arf. Kabbage has also acquired 2 companies including Radius and Orchard.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Oct 26, 2022
Investments
2019
Istanbul (Turkey)
Oct 26, 2022
Investments
2019
Istanbul (Turkey)
Sep 03, 2019
Acquisition
1990
San Francisco (United States)
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Reports related to Kabbage

Here is the latest report on Kabbage's sector:

News related to Kabbage

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FAQs about Kabbage

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