Enable Secures $120M in Series D Funding, Hits $1.12B Valuation.
Enable, a rebate management platform, recently secured $120 million in a Series D funding round, bringing its valuation to $1.12 billion and total funds to $276 million since 2020. This funding, led by Lightspeed Venture Partners with support from previous investors, underscores Enable’s role in transforming rebate management for global businesses.
The platform, which aids manufacturers, distributors, and retailers in strategic rebate use, expects to double its revenue by year-end, following a significant growth pattern since its U.S. launch in 2019. Enable plans to enhance its platform and expand globally with the latest funding. Additionally, the company welcomes new board members Dan Levin and Arsham Memarzadeh, further strengthening its leadership team.
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