# Kabbage funding: rounds and investors

> Kabbage has raised $1.6B across 14 rounds since 2010. Investors include BlueRun Ventures, UPS Strategic Enterprise Fund and Thomvest Ventures.

Source: https://millionrounds.com/company/kabbage (Millionrounds; every figure on the page links to its filing or article)

United States · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Kabbage*

14 rounds we have observed, with the 22 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Fintech

Funding summary Updated 26 Oct 2026

**$1.6B** raised across 14 rounds since 2010, from 14 sources

**$1.3M** Debt **$1.4M** Debt **$2.0M** Debt **$6.7M** Series A **$17M** Series B **$12M** Debt **$30M** Series C **$75M** Debt **$270M** Debt **$50M** Series D **$135M** Series E **$500M** Debt **$250M** Round **$200M** Round

- **Latest round:** Round, $200M Nov 2017
- **Biggest round:** $500M Debt · Mar 2017
- **Investors:** 22

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2010 2011 2012 2013 2014 2015 2016 2017

**$1.3M** Debt

**$1.4M** Debt

**$6.7M** Series A

**$17M** Series B

**$12M** Debt

**$30M** Series C

**$75M** Debt

**$270M** Debt

**$50M** Series D

**$135M** Series E

**$500M** Debt

**$250M** Round

**$200M** Round

- **First round:** Debt, $1.3M
- **Biggest round:** $500M
- **Usual gap between rounds:** 7 months

## The rounds

- **Nov 2017** Round **$200M** *1 new* [Credit Suisse](https://millionrounds.com/fund/credit-suisse) Reported by FinSMEs SEC filing: $81M sold, first sale Sept 2017
- **Aug 2017** Round **$250M** *1 new* [SoftBank BB Corp](https://millionrounds.com/fund/softbank) Reported by FinSMEs SEC filing: $81M sold, first sale Sept 2017
- **Mar 2017** Debt **$500M** *1 new* [Guggenheim Investments](https://millionrounds.com/fund/guggenheim-investments) Reported by TechCrunch
- **Oct 2015** Series E **$135M** *6 new* *3 returning* [BlueRun Ventures](https://millionrounds.com/fund/bluerun-ventures) [Thomvest Ventures](https://millionrounds.com/fund/thomvest) [ING Group](https://millionrounds.com/fund/ing-group) [UPS Strategic Enterprise Fund](https://millionrounds.com/fund/ups-ventures) [Recruit Strategic Partners](https://millionrounds.com/fund/recruit-strategic-partners) [Santander InnoVentures](https://millionrounds.com/fund/santander-innoventures) [Yuan Capital](https://millionrounds.com/fund/yuan-capital) [Scotia Capital](https://millionrounds.com/fund/scotiabank) [Reverence Capital Partners](https://millionrounds.com/fund/reverence-capital-partners) From a historical funding record
- **May 2014** Series D **$50M** *3 new* *4 returning* [Mohr Davidow Ventures](https://millionrounds.com/fund/mohr-davidow-ventures) [BlueRun Ventures](https://millionrounds.com/fund/bluerun-ventures) [SoftBank Capital](https://millionrounds.com/fund/softbank-capital-2) [Thomvest Ventures](https://millionrounds.com/fund/thomvest) [UPS Strategic Enterprise Fund](https://millionrounds.com/fund/ups-ventures) [Lumia Capital](https://millionrounds.com/fund/lumia-capital) [The TCW Group](https://millionrounds.com/fund/the-tcw-group) From a historical funding record SEC filing: $42M sold, first sale Mar 2014
- **Apr 2014** Debt **$270M** No investor was named in the report. From a historical funding record SEC filing: $42M sold, first sale Mar 2014
- **Apr 2013** Debt **$75M** *1 new* *1 returning* [Thomvest Ventures](https://millionrounds.com/fund/thomvest) [Victory Park Capital Advisors](https://millionrounds.com/fund/victory-park-capital) Reported by techcrunch.com
- **Sept 2012** Series C **$30M** *2 new* *5 returning* [SV Angel](https://millionrounds.com/fund/sv-angel) [Mohr Davidow Ventures](https://millionrounds.com/fund/mohr-davidow-ventures) [BlueRun Ventures](https://millionrounds.com/fund/bluerun-ventures) [Thomvest Ventures](https://millionrounds.com/fund/thomvest) [UPS Strategic Enterprise Fund](https://millionrounds.com/fund/ups-ventures) [David Bonderman](https://millionrounds.com/fund/david-bonderman) [Warren Stephens](https://millionrounds.com/fund/warren-stephens) Reported by techcrunch.com SEC filing: $30M sold, first sale Aug 2012
- **Dec 2011** Debt **$12M** *1 new* [Western Technology Investment](https://millionrounds.com/fund/wti) Reported by techcrunch.com SEC filing: $17M sold, first sale Aug 2011
- **Aug 2011** Series B **$17M** *2 new* *3 returning* [Mohr Davidow Ventures](https://millionrounds.com/fund/mohr-davidow-ventures) [BlueRun Ventures](https://millionrounds.com/fund/bluerun-ventures) [UPS Strategic Enterprise Fund](https://millionrounds.com/fund/ups-ventures) [Warren Stephens](https://millionrounds.com/fund/warren-stephens) [Jim McKelvey](https://millionrounds.com/fund/jim-mckelvey) Reported by techcrunch.com SEC filing: $17M sold, first sale Aug 2011
- **Jan 2011** Series A **$6.7M** *4 new* [BlueRun Ventures](https://millionrounds.com/fund/bluerun-ventures) [UPS Strategic Enterprise Fund](https://millionrounds.com/fund/ups-ventures) [David Bonderman](https://millionrounds.com/fund/david-bonderman) [Warren Stephens](https://millionrounds.com/fund/warren-stephens) Reported by techcrunch.com SEC filing: $8.8M sold, first sale Dec 2010
- **Apr 2010** Debt **$2.0M** No investor was named in the report. Reported by sec.gov SEC filing: $2.0M sold, first sale Oct 2009
- **Mar 2010** Debt **$1.4M** No investor was named in the report. Reported by sec.gov SEC filing: $1.4M sold, first sale Aug 2009
- **Jan 2010** Debt **$1.3M** No investor was named in the report. Reported by sec.gov SEC filing: $1.3M sold, first sale Aug 2009

## Founders and team

From the SEC filings it signed: 4 on the team.

- **James J. Douglas** Executive Officer i
- **Kathryn J. Petralia** Executive Officer i
- **L. Scott J. Askins** Executive Officer i
- **Robert J. Frohwein** Executive Officer, Director i

On the board, as filed i *Bryan J. Stolle* *Colin J. Fan* *David J. Thevenon* *Don J. Butler* *Jonathan J. Ebinger* *Milton J. Berlinksi* *Peter J. Kight*

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series C** 2012 **Debt** 2013 **Debt** 2014 **Series D** 2014 **Series E** 2015 **Debt** 2017 **Round** 2017 **Round** 2017 [BlueRun Ventures](https://millionrounds.com/fund/bluerun-ventures) [UPS Strategic Enterprise Fund](https://millionrounds.com/fund/ups-ventures) [Thomvest Ventures](https://millionrounds.com/fund/thomvest) [Mohr Davidow Ventures](https://millionrounds.com/fund/mohr-davidow-ventures) [Warren Stephens](https://millionrounds.com/fund/warren-stephens) [David Bonderman](https://millionrounds.com/fund/david-bonderman) [SV Angel](https://millionrounds.com/fund/sv-angel) [Western Technology Investment](https://millionrounds.com/fund/wti) [SoftBank Capital](https://millionrounds.com/fund/softbank-capital-2) [SoftBank BB Corp](https://millionrounds.com/fund/softbank)

## Everyone who backed them

[BlueRun Ventures](https://millionrounds.com/fund/bluerun-ventures) VC firm **5** rounds

[UPS Strategic Enterprise Fund](https://millionrounds.com/fund/ups-ventures) Corporate VC **5** rounds

[Thomvest Ventures](https://millionrounds.com/fund/thomvest) VC firm **4** rounds

[Mohr Davidow Ventures](https://millionrounds.com/fund/mohr-davidow-ventures) VC firm **3** rounds

[Warren Stephens](https://millionrounds.com/fund/warren-stephens) Growth equity **3** rounds

[David Bonderman](https://millionrounds.com/fund/david-bonderman) Angel **2** rounds

[SV Angel](https://millionrounds.com/fund/sv-angel) VC firm **1** round

[Western Technology Investment](https://millionrounds.com/fund/wti) VC firm **1** round

[SoftBank Capital](https://millionrounds.com/fund/softbank-capital-2) VC firm **1** round

[SoftBank BB Corp](https://millionrounds.com/fund/softbank) Company **1** round

[Credit Suisse](https://millionrounds.com/fund/credit-suisse) VC firm **1** round

[ING Group](https://millionrounds.com/fund/ing-group) Growth equity **1** round

[Victory Park Capital Advisors](https://millionrounds.com/fund/victory-park-capital) Private equity **1** round

[Recruit Strategic Partners](https://millionrounds.com/fund/recruit-strategic-partners) Investment firm **1** round

[Lumia Capital](https://millionrounds.com/fund/lumia-capital) VC firm **1** round

[Santander InnoVentures](https://millionrounds.com/fund/santander-innoventures) Growth equity **1** round

[Yuan Capital](https://millionrounds.com/fund/yuan-capital) Growth equity **1** round

[Scotia Capital](https://millionrounds.com/fund/scotiabank) Investment bank **1** round

[Jim McKelvey](https://millionrounds.com/fund/jim-mckelvey) VC firm **1** round

[Guggenheim Investments](https://millionrounds.com/fund/guggenheim-investments) Asset manager **1** round

[Reverence Capital Partners](https://millionrounds.com/fund/reverence-capital-partners) Private equity **1** round

[The TCW Group](https://millionrounds.com/fund/the-tcw-group) Private equity **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=kabbage).

## Also claim to have backed them

This firm lists Kabbage as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Mouro Capital](https://millionrounds.com/fund/mouro-capital) VC firm Per its own site

## Quick answers about Kabbage

### Who invested in Kabbage?

Kabbage's investors include BlueRun Ventures, UPS Strategic Enterprise Fund, Thomvest Ventures, Mohr Davidow Ventures and Warren Stephens, and 17 more on record.

### How much has Kabbage raised?

Kabbage has raised $1.6B across 14 rounds since 2010.

### When did Kabbage last raise?

Kabbage's most recent round was an Undisclosed round of $200M in Nov 2017.

### What was Kabbage's biggest round?

Kabbage's largest round on record is $500M (Debt), in Mar 2017.

### Who backed Kabbage first?

Kabbage's first round on record, in Jan 2011, was backed by BlueRun Ventures, UPS Strategic Enterprise Fund and David Bonderman and 1 others.

### What stage is Kabbage at?

Kabbage's latest named round is an Undisclosed round, in Nov 2017.

### Where is Kabbage based?

Kabbage is based in the United States.

## Companies like Kabbage

In the same sector, and raised in the last eighteen months.

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