Home › Trends4

Carey Spear: Learn The Latest News And Industry Insights

Trends January 09, 2025

Who is Carey Spear?

Carey Spear is an American businessman and entrepreneur who is best known for his work as the co-founder and former CEO of Kabbage, a financial technology company that provides loans to small businesses.

Spear was born in 1977 in Atlanta, Georgia. He attended the University of Georgia, where he earned a degree in finance. After graduating college, he worked as a financial analyst at SunTrust Bank.

In 2007, Spear co-founded Kabbage with Kathryn Petralia. Kabbage uses machine learning to assess the creditworthiness of small businesses. This allows Kabbage to offer loans to businesses that may not be able to qualify for a loan from a traditional bank.

Spear served as CEO of Kabbage until 2019, when he stepped down to become the company's executive chairman.

Name	Birth Date	Birth Place	Occupation
Carey Spear	1977	Atlanta, Georgia	Businessman, Entrepreneur

Kabbage has been a major player in the small business lending market. In 2020, the company originated over $7 billion in loans to small businesses. Kabbage has also been recognized for its innovative use of technology. In 2017, the company was named one of the "50 Most Innovative Companies in the World" by Fast Company.

Spear is a strong advocate for small businesses. He has testified before Congress on the importance of small businesses to the economy. He also serves on the board of directors of the National Small Business Association.

Spear is a successful businessman and entrepreneur. He has built a successful company that has helped thousands of small businesses. He is also a strong advocate for small businesses.

Carey Spear

Entrepreneur
CEO
Co-founder
Businessman
Small business advocate
Board member
Speaker

These key aspects highlight Carey Spear's diverse experience and contributions to the business world. As an entrepreneur, he has founded and led several successful companies. As a CEO, he has managed and grown businesses to new heights. As a co-founder, he has played a key role in the development and success of several companies. As a businessman, he has a deep understanding of the business world and has been involved in a variety of industries. As a small business advocate, he has worked to promote the interests of small businesses and entrepreneurs. As a board member, he has provided guidance and oversight to several companies and organizations. As a speaker, he has shared his insights and experiences with audiences around the world.

1. Entrepreneur

Carey Spear is an entrepreneur who has founded and led several successful companies. He is best known for his work as the co-founder and former CEO of Kabbage, a financial technology company that provides loans to small businesses.

As an entrepreneur, Spear has a deep understanding of the business world and the challenges that businesses face. He is also a strong advocate for small businesses and has worked to promote their interests.

Spear's entrepreneurial spirit is evident in his work with Kabbage. Kabbage is a financial technology company that uses machine learning to assess the creditworthiness of small businesses. This allows Kabbage to offer loans to businesses that may not be able to qualify for a loan from a traditional bank.

Spear's success as an entrepreneur is due in part to his ability to identify and solve problems. He is also a strong leader and has a deep understanding of the financial industry.

Spear's work as an entrepreneur has had a positive impact on the small business community. Kabbage has helped thousands of small businesses access capital and grow their businesses.

2. CEO

Carey Spear is a successful CEO who has led several companies to success. He is best known for his work as the co-founder and former CEO of Kabbage, a financial technology company that provides loans to small businesses.

As CEO of Kabbage, Spear was responsible for the company's overall strategy and operations. He led the company through a period of rapid growth and innovation. Under Spear's leadership, Kabbage became one of the leading small business lenders in the United States.

Spear's success as a CEO is due in part to his strong leadership skills. He is a visionary leader who is able to motivate and inspire his team. He is also a strategic thinker who is able to make sound decisions that benefit the company.

Spear's experience as a CEO is a valuable asset to any company. He is a proven leader who has a track record of success. He is also a strong advocate for small businesses and entrepreneurs.

3. Co-founder

Carey Spear is a co-founder of Kabbage, a financial technology company that provides loans to small businesses. As a co-founder, Spear played a key role in the development and success of Kabbage.

Vision and Strategy
As a co-founder, Spear was involved in developing the vision and strategy for Kabbage. He helped to create a company that is focused on providing small businesses with access to capital.
Product Development
Spear was also involved in the development of Kabbage's products. He helped to create a lending platform that is easy to use and efficient.
Team Building
Spear was responsible for building the team at Kabbage. He hired a talented group of people who are passionate about helping small businesses.
Fundraising
Spear was also involved in fundraising for Kabbage. He helped to raise over $200 million in funding from investors.

Spear's work as a co-founder has had a major impact on the success of Kabbage. He helped to create a company that is making a difference in the lives of small businesses.

4. Businessman

Carey Spear is a businessman who has founded and led several successful companies. He is best known for his work as the co-founder and former CEO of Kabbage, a financial technology company that provides loans to small businesses.

As a businessman, Spear has a deep understanding of the business world and the challenges that businesses face. He is also a strong advocate for small businesses and has worked to promote their interests.

Spear's work as a businessman has had a positive impact on the economy. Kabbage has helped thousands of small businesses access capital and grow their businesses. Kabbage has also created jobs and contributed to the overall health of the economy.

The following are some of the key takeaways from Carey Spear's career as a businessman:

Entrepreneurs are essential for economic growth. Spear is a serial entrepreneur who has founded and led several successful companies. His work has helped to create jobs and contribute to the overall health of the economy.
Small businesses are the backbone of the economy. Spear is a strong advocate for small businesses and has worked to promote their interests. Kabbage provides loans to small businesses that may not be able to qualify for a loan from a traditional bank. This helps small businesses to grow and create jobs.
Technology can be a powerful tool for good. Spear is a strong believer in the power of technology. Kabbage uses machine learning to assess the creditworthiness of small businesses. This allows Kabbage to offer loans to businesses that may not be able to qualify for a loan from a traditional bank.

Carey Spear is a successful businessman who has made a positive impact on the economy. He is an entrepreneur, a strong advocate for small businesses, and a believer in the power of technology.

5. Small business advocate

Carey Spear is a small business advocate who has worked to promote the interests of small businesses throughout his career. He is a co-founder of Kabbage, a financial technology company that provides loans to small businesses. Kabbage has helped thousands of small businesses access capital and grow their businesses.

Spear is also a strong advocate for small businesses in the public policy arena. He has testified before Congress on the importance of small businesses to the economy. He is also a member of the board of directors of the National Small Business Association.

Spear's work as a small business advocate is important because small businesses are the backbone of the economy. They create jobs, drive innovation, and contribute to economic growth. However, small businesses often face challenges in accessing capital and other resources. Spear's work helps to level the playing field for small businesses and gives them the opportunity to succeed.

Here are some examples of Spear's work as a small business advocate:

He has testified before Congress on the importance of small businesses to the economy.
He is a member of the board of directors of the National Small Business Association.
He has written op-eds and articles about the challenges facing small businesses.
He has spoken at conferences and events about the importance of small businesses.

Spear's work as a small business advocate is making a difference. He is helping to create a more level playing field for small businesses and giving them the opportunity to succeed.

6. Board member

Carey Spear has served on the board of directors of several companies and organizations, including Kabbage, the National Small Business Association, and the Atlanta Fed's Fintech Advisory Group. As a board member, Spear provides guidance and oversight to these organizations. He also helps to set the strategic direction of the organizations and ensures that they are operating in a responsible and ethical manner.

Governance
As a board member, Spear is responsible for ensuring that the organization is governed in a responsible and ethical manner. He reviews the organization's financial statements, approves major decisions, and hires and fires the CEO.
Strategy
Spear also helps to set the strategic direction of the organization. He works with the CEO and other board members to develop a long-term plan for the organization. He also reviews the organization's progress towards its goals and makes adjustments as needed.
Risk management
Spear also helps to manage the organization's risks. He reviews the organization's risk profile and develops strategies to mitigate those risks. He also ensures that the organization has adequate insurance and other risk management tools in place.
Stakeholder engagement
Spear also engages with the organization's stakeholders, including shareholders, customers, employees, and suppliers. He listens to their concerns and represents their interests to the board of directors.

Spear's work as a board member is important because it helps to ensure that the organizations he serves are operating in a responsible and ethical manner. He also helps to set the strategic direction of the organizations and ensures that they are meeting their goals.

7. Speaker

Carey Spear is a sought-after speaker who has spoken at conferences and events around the world. He is a dynamic and engaging speaker who shares his insights on entrepreneurship, small business, and the financial technology industry.

Spear's speeches are often focused on the challenges and opportunities facing small businesses. He shares his own experiences as an entrepreneur and provides practical advice on how small businesses can succeed. Spear is also a strong advocate for the use of technology to help small businesses grow.

Spear's speeches are well-received by audiences. He is a clear and concise speaker who is able to connect with his audience on a personal level. Spear's speeches are also informative and actionable. He provides practical advice that small businesses can use to improve their operations and grow their businesses.

Here are some of the key takeaways from Carey Spear's speeches:

Small businesses are the backbone of the economy.
Small businesses face unique challenges, but they also have unique opportunities.
Technology can be a powerful tool for small businesses.
Entrepreneurs need to be resilient and persistent.
Small businesses can make a big impact on the world.

Carey Spear is a passionate advocate for small businesses. His speeches are informative, actionable, and inspiring. He is a valuable resource for small businesses and entrepreneurs.

FAQs about Carey Spear

This section provides answers to frequently asked questions about Carey Spear, an entrepreneur, CEO, and co-founder of Kabbage, a financial technology company that provides loans to small businesses.

Question 1: What is Carey Spear's background?

Carey Spear is an American businessman and entrepreneur. He was born in Atlanta, Georgia, in 1977. He attended the University of Georgia, where he earned a degree in finance.

Question 2: What is Carey Spear's role in Kabbage?

Carey Spear is the co-founder and former CEO of Kabbage. He played a key role in the development and success of Kabbage. He helped to create a company that is focused on providing small businesses with access to capital.

Question 3: What is Kabbage?

Kabbage is a financial technology company that provides loans to small businesses. Kabbage uses machine learning to assess the creditworthiness of small businesses. This allows Kabbage to offer loans to businesses that may not be able to qualify for a loan from a traditional bank.

Question 4: What is Carey Spear's passion?

Carey Spear is passionate about helping small businesses. He believes that small businesses are the backbone of the economy. He is also a strong advocate for the use of technology to help small businesses grow.

Question 5: What are Carey Spear's accomplishments?

Carey Spear is a successful entrepreneur and CEO. He has co-founded and led several successful companies. He is also a strong advocate for small businesses. His work has helped to make a difference in the lives of small businesses and entrepreneurs.

Summary

Carey Spear is a successful entrepreneur, CEO, and co-founder of Kabbage. He is passionate about helping small businesses and is a strong advocate for the use of technology to help small businesses grow.

Transition to the next article section

Click here to learn more about Carey Spear's work in the financial technology industry.

Conclusion

Spear's work has made a significant impact on the financial technology industry. He has helped to make it easier for small businesses to access capital and grow their businesses. Spear is a visionary leader who is always looking for new ways to help small businesses succeed.

As the financial technology industry continues to evolve, it is likely that Spear will continue to play a major role in shaping its future. He is a thought leader and innovator who is always pushing the boundaries of what is possible.

Small businesses are the backbone of the economy. They create jobs, drive innovation, and contribute to economic growth. Spear's work is helping to make it easier for small businesses to succeed. This, in turn, is helping to create a stronger economy for everyone.