Tech Company Financing Transactions
Kabbage Funding Round
Kabbage, based in Atlanta, scored $270 million in investment from private investors.
Transaction Overview
Company Name
Announced On
4/9/2014
Transaction Type
Debt
Amount
$270,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The new financing is one of the largest credit facilities ever raised in the small business financing sector and will provide Kabbage with a dramatically lower cost of funds. It will also provide the company with more flexibility to expand its product structure and scale more rapidly to reach more small businesses.
Company Information
Company Status
Acquired or Merged
Industry
FinTech
Mailing Address
730 Peachtree St. 350
Atlanta, GA 30308
USA
Atlanta, GA 30308
USA
Phone
Website
Email Address
Overview
Kabbage is dedicated to providing established online sellers with access to capital they can use to grow their business. Millions of small business sell product on marketplaces like Ebay, Amazon. Overstock, Ubid, Etsy and many, many others.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Robert Frohwein
President
Kathryn Petralia
VP - Bus. Development
Kevin Phillips
VP - Human Resources
Amy Zimmerman
VP - Sales
Victoria Treyger
Browse more venture capital transactions:
Prev: 4/9/2014: Certes Networks venture capital transaction
Next: 4/10/2014: AppDirect venture capital transaction
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Where The Data Comes From
We report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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