Technology has played a role in Kathryn Petralia’s life since her parents gave her a TRS-80 computer at age nine. When Rob Frohwein shared his idea for Kabbage with Kathryn, she immediately saw the value in using technology to reexamine lending. They founded Kabbage to automate funding decisions based on real-time data access rather than a lengthy, manual process.
Kabbage has since expanded to serve all types of small businesses throughout the U.S., providing billions of dollars to more than 130,000 customers. In addition, Kabbage licenses its technology to global banks. Kabbage has been recognized for its technology and innovation with awards from CNBC, Inc., Forbes and Fast Company and was named one of Glassdoor’s 2017 Best Places to Work for companies with fewer than 1,000 employees.
Before co-founding Kabbage, Kathryn spent nearly 15 years working with large and small companies focused on credit, payments and e-commerce. An English major (and Kabbage’s resident grammar expert), Kathryn returned to her interest in technology to launch a number of successful startups. As someone who camped her way down the west coast to launch an e-commerce startup in the mid-90s, Kathryn can appreciate the lengths to which small businesses have gone to access capital.
She also served as Vice President of Strategy for Revolution Money, an Internet-based credit card startup, and was a corporate development executive with CompuCredit Corporation, where she was responsible for entering new markets, developing products and establishing strategic alliances.
Kathryn’s favorite small business is Rebel Raw an Atlanta-based company that makes and delivers high-quality raw pet food.