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 Oct 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

$488.65M

6 rounds

Latest Valuation

$1.3B

Aug 3, 2017

Funding

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

Total raised $488.65M across 6 rounds

Last updated 09-29-2026

DateRoundAmount RaisedValuationLead Investors
Aug 3, 2017 Series F Bloomberg $250M $1.3B SoftBank Group
Oct 14, 2015 Series E TechCrunch $135M $1B Reverence Capital Partners
May 5, 2014 Series D TechCrunch $50M — SoftBank Capital

Valuation Trajectory

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

$1B 2016 2017 Kabbage

Entry · Series E

$1B

Oct 2015

Kabbage today

$1.3B

Aug 2017 · latest mark

Kabbage multiple

1.3x

valuation uplift since first round

Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.

Leadership

  • Robert Frohwein

    Co-Founder & former CEO

  • Kathryn Petralia

    Co-Founder & former President

  • Marc Gorlin

    Co-Founder

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