About Kabbage
Kabbage is a Financial Services company based in Atlanta (United States) founded in 2009 by Rob Frohwein, and was acquired by American Express in August 2020. Business loans are facilitated through an online lending platform. Kabbage has raised $321.38 million across 15 funding rounds from investors including American Express, UBS and Scotiabank. The company has 120 employees. Kabbage has completed 2 acquisitions, including Orchard Platform and Radius. Kabbage was last valued at $1 billion in February 2020. Kabbage offers products and services including Credit Cards, Savings Accounts, and Travel Booking. Its focus areas include FinTech, Alternative Lending, Online Lenders and Business Loans. Its legal entity in India is Kabbage India Private Limited (U74900KA2015FTC082114).
Company details
Kabbage was founded in 2009 in Atlanta, United States, within the fintech sector. An online platform is operated to deliver business financing options, including invoice financing, working capital loans, and lines of credit. Additional services encompass checking accounts and debit cards for online and offline transactions. Access is enabled via a mobile app compatible with iOS and Android devices, supporting operational needs for small businesses.
- Headquarters Atlanta, United States
- Employees 120
- Founders Rob Frohwein
- Stage Acquired
- SectorsFinancial Services
- Website kabbage.com
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by American Express (Aug 2020)
- Legal Name Kabbage India Private Limited
- Date of Incorporation 07 Aug, 2015
- Jurisdiction Bangalore, Karnataka, India
- Total Equity Funding$321.38M (USD)
in 15 rounds
- Latest Funding Round$200M (USD), Debt – Conventional
Jul 2019
- InvestorsAmerican Express
& 30 more
- Employee Count120
- Investments & AcquisitionsOrchard Platform
& 1 more
- Acquired byAmerican Express
(Aug 2020)
Associated legal entities of Kabbage
Kabbage operates through Kabbage India Private Limited (dissolved under section 59(8)). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Kabbage India Private Limited CIN U74900KA2015FTC082114 | Dissolved Under Section 59(8) | 07 Aug 2015 | Bangalore, Karnataka | 64 | 2 | View details |
Products & Services of Kabbage
Kabbage offers a comprehensive portfolio of products and services, including Credit Cards, Savings Accounts, and Travel Booking.
Tools for payments, rewards, and credit management
High-yield accounts for business and personal savings
Platform for booking trips and managing rewards
Apps and channels of Kabbage
its YouTube channel American Express has 210K subscribers and 30 videos.
Videos from Kabbage
The most watched videos on Kabbage's YouTube channel, American Express (210K subscribers). Click a video to play it here.
More on American Express.
Funding Insights of Kabbage
Kabbage has successfully raised a total of $321.38M across 15 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $200 million completed in July 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $321.38M
- Total Rounds 15
- Last Round Debt – Conventional — $200M
- First Round $1.41M
(Aug 2009)
- Investors Count 31
Latest 10 of 15 funding rounds of Kabbage with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2019 | $200M | Debt – Conventional | – | – | – |
| Apr 2019 | $700M | Debt – Conventional | – | – | – |
| Nov 2017 | $200M | Debt – Conventional | – | – | |
| Sep 2017 | $80.57M | Series F | – | SoftBank Group | – |
| Mar 2017 | $500M | Debt – Conventional | – | – | – |
| Oct 2015 | $135M | Series E | $1B | Reverence Capital Partners, Scotiabank | |
| Apr 2014 | $270M | Debt – Conventional | – | – | |
| Mar 2014 | $50M | Series D | – | SoftBank Group | |
| Apr 2013 | $75M | Debt – Conventional | – | – | |
| Aug 2012 | $30M | Series C | – | Thomvest Ventures |
| Date | Valuation | Stage |
|---|---|---|
| Oct 2015 | $1B | •••••••• |
Last known valuation $1B (Feb 2020). 31 investors in total: 28 institutional and 3 angel.
Investors in Kabbage
Kabbage has secured backing from 31 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include American Express, UBS and Scotiabank.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
A private equity fund is managed, targeting multiple sectors. | reverencecapital.com | New York, United States | ||
Corporate-backed venture capital firm focused on fintech, Edtech, and multiple sectors | recruitstrategicpartners.com | San Mateo, United States | ||
Venture capital firm that invests in fintech, digital health, enterprise software, and consumer experiences. | brv.com | |||
Investments are directed toward fintech, cybersecurity, and martech sectors. | thomvest.com | San Francisco, United States | ||
Venture Capital firm backed by ING | 1991 | ing.com/About-us/ING-Ventures.htm | Amsterdam, Netherlands | |
Venture capital firm focused on fintech companies | mourocapital.com | London, United Kingdom | ||
Venture capital investments are managed in technology and healthcare sectors by this firm. | mdv.com | |||
Expansion-stage VC firm that invests in the US, Middle East and Europe | lumiacapital.com | San Francisco, United States | ||
Blank check and private debt firm focused on multiple sectors | 2007 | victoryparkcapital.com | Chicago, United States | |
Early-stage investments are provided to transformative technology companies. | svangel.com | San Francisco, United States |
Investor details for Kabbage
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Kabbage India Private Limited (Kabbage)
Kabbage India Private Limited is the primary company behind Kabbage. The board of Kabbage India Private Limited currently have 2 directors; the longest-serving is Kaushik Das, appointed in 2015. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kaushik Das DIN 07245080 | Director | 07 Aug 2015 | 11 yrs 3 mo | Kabbage India Private Limited |
| Poomesh Mathew DIN 08941270 | Director | 19 Apr 2021 | 5 yrs 6 mo | Kabbage India Private Limited |
People of Kabbage
1541 people are tracked at Kabbage (912 in leadership, 15 in board & advisors, 614 in team); the tracked headcount is 120.
| Name | Role | Group |
|---|---|---|
Rob Frohwein | Co-Founder | Leadership |
Manoj Sharma | Director | Leadership |
Aparna Singhal | Vp/gm Product Management - Global Commercial Services | Leadership |
Tim Vaudt | Director Of Engineering | Leadership |
Michael Yanez | Director | Leadership |
Dianne Cahill | President | Leadership |
Gabriel Jimenez | Vice President Of Engineering | Leadership |
Jane Calubaquib | Director | Leadership |
Glenda G. McNeal | Chief Partner Officer | Leadership |
Ravinder Choudhary | Engineering Director | Leadership |
Rupali Desai | Director | Leadership |
Tausha Paul | Vice President, Third Party Cyber Security | Leadership |
Alan Gallo | EVP, Chief Audit Executive Internal Audit Group | Leadership |
Gautam Sood | Director - Identity Fraud Risk (ato) | Leadership |
Jennifer Skyler | Chief Corporate Affairs Officer | Leadership |
Ingrid Keag | Vice President | Leadership |
Kristen McGinnis | Vice President, US Personal Loans | Leadership |
Beth Gallagher | Director | Leadership |
Phoo Nyo | Director, US Consumer Go To Market Strategy | Leadership |
Stephen J. Squeri | Chairman & CEO | Leadership |
1521 more people are available in the full profile.
Complete people profiles for Kabbage
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Kabbage
Kabbage has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Orchard Platform and Radius.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Predictive marketing and sales platform | radius.com | San Francisco, United States | 1990 | Sep 2019 | •••• | |
Technology and infrastructure are supplied for marketplace lending platforms. | orchardplatform.com | New York, United States | 2013 | Apr 2018 | •••• |
Complete acquisition details for Kabbage
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
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- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Kabbage
7 dated milestones of Kabbage across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Kabbage is founded.
- Funding First funding round of $1.4M.
- Milestone Reaches Unicorn status.
- Acquisition Acquires Orchard Platform.
- Funding Latest funding round, Debt – Conventional, of $200.0M.
- Acquisition Acquires Radius.
- Exit Acquired by American Express.
Web traffic of Kabbage
Websites that share an audience with Kabbage (kabbage.com).
Websites whose visitors overlap most with Kabbage. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| boefly.com | 100% | 5K | #2,864,879 | View details | |
| ondeck.com | 94% | 260.6K | #180,042 | View details | |
| s1.com | 82% | View details | |||
| budgettracker.com | 82% | #5,361,899 | View details | ||
| fundbox.com | 81% | 117.5K | #309,770 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 23 similar websites and full traffic analytics for Kabbage
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- 23 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Alternative Lending
3 companies that operate in the same segment as Kabbage (Alternative Lending) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Diversified loans are provided via an AI-enabled online marketplace. | 2012 | Palo Alto, California, United States | USD 128.65 M | USD 1.04 B | 1,190 | |
Various consumer loans and financial services are offered online. | 2011 | San Francisco, California, United States | USD 3.04 B | USD 4.77 B | 6,843 | |
Credit score checking and comparison platform for financial products | 2007 | San Francisco, California, United States | USD 869.77 M | 1,487 |
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Related news about Kabbage
Complete news archive for Kabbage
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Frequently Asked Questions about Kabbage
Kabbage was founded in 2009.
Kabbage is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
Kabbage is a funded company, having raised a total of $321.38M across 15 funding rounds to date. The company's 1st funding round was a Series C of $30M, raised on Aug 2009.
Kabbage has 120 employees.
Kabbage was founded in 2009 in Atlanta, United States, within the fintech sector. An online platform is operated to deliver business financing options, including invoice financing, working capital loans, and lines of credit. Additional services encompass checking accounts and debit cards for online and offline transactions. Access is enabled via a mobile app compatible with iOS and Android devices, supporting operational needs for small businesses.
Kabbage offers Credit Cards, Savings Accounts, and Travel Booking.
Kabbage has made 2 acquisitions, including Orchard Platform, and Radius.
Kabbage has 31 investors. Key investors include American Express, UBS, Scotiabank, Guggenheim Partners, and SoftBank Group.
The valuation of Kabbage is $1B as of Feb 2020.
Kabbage operates through Kabbage India Private Limited.
Yes. Kabbage was acquired by American Express in August 2020.
The legal entities of Kabbage currently have 2 directors, including Poomesh Mathew, Kaushik Das.