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Enable, a platform for managing B2B rebates, is now worth $1B Kyle Wiggers@kyle_l_wiggers / 6:30 PM GMT+5:30•November 7, 2023 Comment There’s a new unicorn in town, and its name is Enable. A rebate management platform, Enable today announced that it raised $120 million in a Series D funding round
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Summary

Enable, a rebate management platform, has raised $120 million in a Series D funding round, valuing the company at $1 billion. The platform helps businesses, particularly manufacturers, distributors, and retailers, keep track of their B2B rebates. Enable's technology allows companies to maintain records and design benchmarks for rebates, ensuring that customers receive the rebates they are entitled to. The funding round was participated by Lightspeed Venture Partners, Menlo Ventures, Norwest Venture Partners, Insight Partners, and Sierra Ventures, bringing Enable's total raised to $276 million.

Top Highlights

  • Enable, a platform for managing B2B rebates, is now worth $1B Kyle Wiggers@kyle_l_wiggers / 6:30 PM GMT+5:30•November 7, 2023 Comment There’s a new unicorn in town, and its name is Enable. A rebate management platform, Enable today announced that it raised $120 million in a Series D funding round that values the company at $1 billion pre-money. L...

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