2 years ago
Enable Reaches Unicorn Status with $120 Million Series D Funding
Enable, a UK-founded rebate management platform, has secured a unicorn valuation of $1.12bn after raising $120m (£98m) in a Series D round
The funding was led by Lightspeed Venture Partners, Menlo Ventures, Norwest Venture Partners, Insight Partners and Sierra Ventures
Enable's software is used by businesses throughout the supply chain to manage their B2B rebates
The company has grown to a 600-person company with employees across six continents and is headquartered in San Francisco, US.
ProblemTechnology
"Managing B2B rebates is a complex and time-consuming process for businesses, often leading to inefficiencies and missed opportunities."
Solution
"Enable provides a cloud-based platform that automates the entire rebate management process, from negotiation and tracking to reporting and analysis."