Kabbage is a financial technology and data company that pioneered a new, automated way to lend money to small businesses and consumers. The Company simplified the manual application process to one that is totally online and automated. Businesses and consumers can use their own data to submit an application online and receive an immediate decision and access to funds on the spot. Kabbage leverages data generated such as revenue, accounting data, business transactions, shipping data, social media and other sources to understand a business’s overall health and calculate credit lines throughout the customer lifecycle.
Type
Private
HQ
Atlanta, US
Founded
2009
Size (employees)
387 (est)-1%
Kabbage was founded in 2009 and is headquartered in Atlanta, US
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Key People/Management at Kabbage

Rob Frohwein

Rob Frohwein

CEO and Co-Founder
Kathryn Petralia

Kathryn Petralia

Head of Operations and Co-Founder
Amy Zimmerman

Amy Zimmerman

Head of People
Spencer Robinson

Spencer Robinson

Head of Strategy
Pete Steger

Pete Steger

Head of Business Development
L. Scott Askins

L. Scott Askins

Head of Ligal and Compliance
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Kabbage Office Locations

Kabbage has offices in New York, Atlanta, San Francisco, Bengaluru and in 1 other location
Atlanta, US (HQ)
1688 925B Peachtree St NE
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Kabbage Financials and Metrics

Summary Metrics

Kabbage's latest funding round in November 2017 was reported to be $200 m. In total, Kabbage has raised $1.6 b. Kabbage's latest valuation is reported to be $1 b.

Kabbage Financials

Market valuation

1 b
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Kabbage Operating Metrics

Kabbage's Customers was reported to be 125 k in Nov, 2017.
Aug, 2017Nov, 2017

Customers

115 k125 k
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Kabbage News and Updates

Companies outside of Silicon Valley need to rethink how they hire and train tech talent

GUEST: Between 2014 and 2016, 75 percent of all venture capital funding in the United States went to three major tech hubs: Silicon Valley; New York City; and Cambridge, Massachusetts. Organizations such as Rise of the Rest seek to push funds toward the startups in the middle of the country that mig…

Cybersecurity consortium created to protect fintech industry

As the number of devices and data increases among the financial sector, cybersecurity is more important than ever. The post Cybersecurity consortium created to protect fintech industry appeared first on Computer Business Review.

Startup funding up in Florida, North Carolina, and Georgia, but lags in other Southeastern states

Startup funding is heating up in the Southeast, although not every state is seeing the same benefits. That’s according to a report out today called “The State of Startups in the Southeast, authored by BIP Capital, a venture capital and private equity firm based in Atlanta. The report details trends …

10 Companies Using Technology to Disrupt the Lending Industry

10 companies using technology to disrupt the lending industry.

SoftBank invests $250 million in U.S. online lender Kabbage

(Reuters) — Kabbage Inc, a U.S. online lender for small businesses, said on Thursday it had raised $250 million in equity funding from SoftBank Group Corp, the latest fintech investment by the Japanese technology conglomerate. That is the largest equity investment in such lenders outside of China so…

SoftBank invests $250 million in U.S. online lender Kabbage: Reuters

Kabbage Inc, a U.S. online lender for small businesses, said on Thursday it had raised $250 million in equity funding from SoftBank Group Corp (9984.T), the latest fintech investment by the Japanese technology conglomerate, Reuters reported.
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