Kabbage

Atlanta, Georgia, United States Fintech Acquired

Kabbage was a financial technology company providing automated, data-driven lending solutions and cash flow management tools for small businesses in the United States. The platform offered flexible lines of credit, online bill payment, cash flow visualization, and business checking accounts. Prior to acquisition, Kabbage had served approximately 500,000 small businesses and originated over $16 billion in working capital through its fully automated underwriting platform.

Acquired

Kabbage has been acquired

Acquired by American Express October 2020 $750M

This company is no longer available on our private secondary market.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2009

Employees

500+

Total Funding

$488.7M

6 rounds

Latest Valuation

$1.3B

August 3, 2017

Funding

Total raised $488.7M across 6 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 06-25-2026

Latest Round

Type

Series F

Date

August 3, 2017

Amount

$250M

Valuation

$1.3B

Lead Investors

SoftBank Group
DateRoundAmount RaisedValuationLead Investors
August 3, 2017 Series F $250M $1.3B SoftBank Group
September 4, 2015 Series E $135M Reverence Capital Partners
May 5, 2014 Series D $50M SoftBank Capital

Leadership

  • Robert Frohwein

    Co-Founder & CEO

  • Kathryn Petralia

    Co-Founder & President

  • Marc Gorlin

    Co-Founder

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