Tech Company Financing Transactions
Kabbage Funding Round
Kabbage, based in Atlanta, scored $250 million in funding from private investors and SoftBank Group.
Transaction Overview
Company Name
Announced On
8/4/2017
Transaction Type
Venture Equity
Amount
$250,000,000
Round
Undisclosed
Investors
private investors (Robert Frohwein)
SoftBank Group (David Thevenon)
Proceeds Purpose
The company plans to use to expand its business in the U.S.; launch yet more analytics tools to provide loans for specific verticals; expand into new markets like Asia; and to explore acquisitions to add new products to its business, like payments.
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:
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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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