Enable, a San Francisco, CA-based cloud-based software solution for B2B rebate management has secured a $45 million Series B funding round to continue to fuel the company’s growth plans.
The round was led by Norwest Venture Partners with participation from previous investors, Menlo Ventures and Sierra Ventures, along with several angel investors.
The funds will be used for Product Innovation, Customer Success, and Go To Market roles.
Company: Enable Global Inc.
Raised: Series B
Round: Series B
Funding Month: August 2021
Lead Investors: Norwest Venture Partners
Additional Investors: Menlo Ventures and Sierra Ventures
Company Website: https://enable.com/
Software Category: a cloud-based software solution
About the Company: Enable is a modern, cloud-based software solution for B2B rebate management. Companies use Enable to create, execute, and track their full range of trading programs. The user-friendly software empowers distributors, wholesalers, and manufacturers to make better trading decisions to drive mutually profitable growth while improving cash flow and reducing risk. The company has offices in San Francisco, CA, and Stratford-upon-Avon, UK.
Source: https://www.businesswire.com/news/home/20210819005273/en/Enable-the-SaaS-Solution-for-B2B-Rebate-Management-Secures-45-Million-Series-B