Kabbage

Financial ServicesSeries FAtlanta, USkabbage.com

Latest round

Series F

Last raised

Sep 2017

Total raised

$321M

Investors

15

About Kabbage

Kabbage Inc.Kabbage Inc. offers a range of financial products aimed at assisting small businesses with cash flow management. Founded in 2009 in Atlanta, US, by Marc Gorlin and Rob, Kabbage was acquired by American Express in a transaction completed in 2020 for USD 850 mn. The company has since focused on enhancing cash flow management tools. As of October 2022, Kabbage Inc.Kabbage Inc.Kabbage Inc. generates revenue through fees associated with its lending products and services. This includes interest on outstanding balances and potential transaction fees from merchants for credit services utilized by business clients.Following its acquisition by American Express, Kabbage Inc.S. The funds from the acquisition, amounting to USD 850 mn, are expected to be utilized to enhance product capabilities and develop innovative financial solutions. However, the recent filing for Chapter 11 bankruptcy in October 2022 signifies a critical moment for the company as it restructures its strategies and offerings.

Who invested in Kabbage

15 investors across 6 rounds

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Funding rounds

  1. Series F

    Sep 14, 2017

    Amount

    $81M

    Investors

    Locked

  2. Series E

    Jun 30, 2015

    Amount

    $135M

    Investors

    Locked

  3. Series D

    Mar 28, 2014

    Amount

    $50M

    Investors

    Locked

  4. Series C

    Aug 28, 2012

    Amount

    $30M

    Investors

    Locked

  5. Series B

    Aug 8, 2011

    Amount

    $17M

    Investors

    Locked

  6. Series A

    Dec 23, 2010

    Amount

    $8.8M

    Investors

    Locked

Questions about Kabbage

Who invested in Kabbage?

Kabbage has 15 investors on record across 6 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Kabbage raised?

Kabbage has raised 6 venture rounds. Sign up free to see how much each round raised and the total.

When did Kabbage last raise money?

Kabbage's most recent round on record is a Series F, in Sep 2017.

What does Kabbage do?

Kabbage is a financial services company.

Where is Kabbage headquartered?

Kabbage is headquartered in Atlanta, US.

Which VCs invest in companies like Kabbage?

Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at Kabbage's stage. Their profiles are linked below.

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