| Presenter Profile
How they describe themselves: Kabbage provides working capital to online merchants as they list products for sale, leveraging information generally available on online marketplaces to assess risk and help determine advance amounts and related fees and interest. This approach allows Kabbage to understand our borrowers better and, as a result, provide them with cash as and when they need it.
How they describe their product/innovation: Kabbage will demonstrate "profile building," which enables clients to add additional data and payment sources at their option. However, the addition of these data sources will allow Kabbage to provide merchants with access to more cash at better rates (which we will demo at the event).
Key Executives: Robert Frohwein (Founder & CEO), Marc Gorlin (Chairman), Kathryn Petralia (COO)
Key Board Members: Robert Frohwein, Marc Gorlin, Jonathan Ebinger, Bruce Miller
Key Investors: BlueRun Ventures, David Bonderman (TPG), Warren Stephens (Stephens, Inc.), United Parcel Service, SEF
Key Partnerships: PayPal
Customers: Our key customers are online merchants. Kabbage recognizes that online sellers have a more difficult time obtaining funding from traditional sources and has built a financing solution to meet their needs.
Contacts:
Bus. Dev.: Marc Gorlin, Chairman, 404-410-7837
Press: Lauren Simon, Marketing and Administrative Assistant, 404-406-1900
Sales: Russell Walraven, Marketing Director, 678-986-6748
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