Creating A Healthier, More Collaborative Supply Chain: Rebate Management Category Definer Enable Secures $120M Series D At $1.12B Valuation And Expands Board Of Directors

Nov 08, 2023•over 1 year ago

Amount Raised

$120 Million

Round Type

series d

Toronto

Investors

Sierra VenturesInsight PartnersNorwest Venture PartnersMenlo VenturesLightspeed Venture Partners

Description

Enable, the rebate management platform, announced today that it has raised $120M in Series D funding led by Lightspeed Venture Partners, with participation from all previous lead investors Menlo Ventures, Norwest Venture Partners, Insight Partners, and Sierra Ventures. This raise values the company at $1.12B and brings the total amount raised since 2020 to $276M.

Company Information

Company

Enable

Location

Toronto, Ontario, Canada

About

Enable helps manufacturers, distributors, and retailers take control of their rebate programs and turn them into an engine for growth. Starting in finance and commercial teams, Enable helps better manage rebate complexity with automated real-time data and insights, accurate forecasting, and stronger cross functional alignment. This lets you — and everyone else you authorize in your business — know exactly where you are with rebates. Then you can extend Enable externally to your suppliers and/or customers, setting you and your partners up to use rebates as a strategy with one collaborative place to author, agree, execute, and track the progress of your deals.

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