About Kabbage
Kabbage is a company based in Atlanta (United States) founded in 2009 was acquired by American Express in August 2020. Kabbage has raised $321.38 million across 15 funding rounds from investors including American Express, Scotiabank and Guggenheim Partners. The company has 64 employees as of March 31, 2024. Kabbage has completed 2 acquisitions, including Orchard Platform and Radius. Kabbage offers products and services including Credit Cards, Savings Accounts, and Travel Booking.
- Headquarter Atlanta, United States
- Employees 64 as on 31 Mar, 2024
- Stage Unicorn
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Sectors
Financial Services
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Kabbage India Private Limited
- Date of Incorporation 07 Aug, 2015
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$321.38 M (USD)
in 15 rounds
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Latest Funding Round
$200 M (USD), Debt – Conventional
Jul 02, 2019
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Investors
American Express
& 20 more
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Employee Count
64
as on Mar 31, 2024
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Investments & Acquisitions
Orchard Platform
& 1 more
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Acquired by
American Express
(Aug 17, 2020)
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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
People of Kabbage
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Leadership Team
492 people
Software Development Team
373 people
Senior Team
132 people
Sales and Marketing
128 people
Product Management Team
69 people
Finance and Accounting
46 people
Data Analysis and Operations Team
42 people
Legal and Compliance
37 people
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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.
Investors in Kabbage
Kabbage has secured backing from 21 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include American Express, Scotiabank and Guggenheim Partners.
| Investor | Description | Founded Year | Domain | Location |
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A private equity fund is managed, targeting multiple sectors.
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Locked | Locked | Locked | |
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Corporate-backed venture capital firm focused on fintech, Edtech, and multiple sectors
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Locked | Locked | Locked | |
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Venture capital firm that invests in fintech, digital health, enterprise software, and consumer experiences.
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Locked | Locked | Locked |
Investor details for Kabbage
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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.
Investment portfolio details for Kabbage
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Technology and infrastructure are supplied for marketplace lending platforms.
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Locked | Locked | 2013 | Locked | |
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Predictive marketing and sales platform
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Locked | Locked | 1990 | Locked |
Complete acquisition details for Kabbage
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Financial Statements - Kabbage
Detailed financials for Kabbage
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- Profit trends
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Kabbage Comparisons
Peer comparison for Kabbage
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Competitors of Kabbage
Detailed competitors of Kabbage
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Latest news on 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.
As of Mar 31, 2024, the latest employee count at Kabbage is 64.
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 21 investors. Key investors include American Express, Scotiabank, Guggenheim Partners, SoftBank Group, and United Parcel Service.
The valuation of Kabbage is $1B as of Oct 2015.