Enable provides cloud-based software that allows manufacturers, distributors, and retailers to design, manage, and optimize rebate agreements at scale. Its platform replaces spreadsheets and manual workflows with automated rebate tracking, analytics, and compliance.
The company serves global customers across retail, manufacturing, and enterprise finance, helping finance and commercial teams improve margin visibility and operational efficiency.
What Is Enable and What Does It Do?
Enable, founded in 2016, is a Stratford-upon-Avon-based (United Kingdom) finance technology company.
The company develops a SaaS platform focused on B2B rebate management, enabling businesses to manage complex incentive agreements, automate calculations, improve forecasting, and ensure audit-ready compliance.
Enable employs between 201-500 people, supporting enterprise customers across Europe, North America, and other global markets.
How Much Funding Has Enable Raised?
1. Series A
- Amount Raised: $6M
- Date: 2019
- Motivation: To scale product development and expand commercial operations.
2. Series B
- Amount Raised: $32M
- Date: 2021
- Lead Investors: Insight Partners
- Motivation: To accelerate international expansion and enterprise adoption.
3. Series C
- Amount Raised: $91M
- Date: 2022
- Lead Investors: Insight Partners
- Motivation: To strengthen platform capabilities and grow global sales teams.
4. Series D
- Amount Raised: $120M
- Date: 2023
- Lead Investors: Insight Partners, Telstra Ventures
- Motivation: To scale globally, expand product suite, and reinforce market leadership.
Total Funding Raised: $274 Million
Current Valuation: $1.12 Billion (as of Nov 2023)
Latest Funding Date: November, 2023
Key Investors
1. Insight Partners
- Details: Global venture capital and private equity firm focused on high-growth software companies.
- Investment Focus Areas: SaaS, fintech, enterprise software.
- Notable Investments: Enable, Shopify, Twitter, Veeam.
2. Telstra Ventures
- Details: Corporate venture capital arm of Telstra investing in enterprise and cloud software.
- Investment Focus Areas: Cloud platforms, SaaS, enterprise technology.
- Notable Investments: Enable, Mirantis, SnapLogic.
Where Is Enable’s Headquarters?
Enable is headquartered in Stratford-upon-Avon, United Kingdom, with teams and customers across Europe and North America.
What’s Next for Enable?
Enable plans to deepen its presence in global enterprise markets by expanding its rebate intelligence capabilities, enhancing analytics, and integrating further into ERP and finance systems. With unicorn status secured, the company is positioned to lead the B2B rebate management category globally.
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