Enable

Enable

Develops SaaS for manufacturers, retailers, distributors and buying groups to manage B2B rebates collaboratively.

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$120m

Valuation: $1.1b

Series D
Total Funding000k

Financials

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Revenues, earnings & profits over time
USD201920202021
Revenues000000000000
% growth-21 %166 %
EBITDA000000000000
Profit000000000000
EV000000000000
EV / revenue00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x
R&D budget000000000000

Source: Dealroom estimates

More about Enable
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Enable is a dynamic startup specializing in rebate management software for business-to-business (B2B) trading partners. Founded in 2016, the company initially collaborated with Travis Perkins, the UK's largest builders' merchant. Since then, Enable has expanded its footprint globally, with offices in San Francisco, Toronto, and Sydney. The company has successfully raised significant funding, including $17 million in Series A, $45 million in Series B, and $94 million in Series C, reflecting strong investor confidence.

Enable serves a diverse range of clients, including distributors, retailers, and e-commerce companies across various industries such as automotive and plumbing. Notable clients include CarParts.com, an auto parts e-commerce giant aiming to reach $1 billion in revenue, and General Plumbing Supply, a retailer focused on plumbing and HVAC products.

The core of Enable's business is its Software-as-a-Service (SaaS) platform, which helps companies manage their rebate programs more effectively. Rebates are financial incentives given by manufacturers to distributors or retailers to promote their products. Enable's platform streamlines the complex process of tracking, managing, and optimizing these rebates, turning what was once a reactive task into a strategic advantage.

Enable's business model revolves around subscription fees for its SaaS platform. Clients pay a recurring fee to access the software, which provides them with tools to manage rebates, generate insights, and identify new revenue opportunities. This model ensures a steady stream of income for Enable while offering clients a valuable service that can significantly impact their bottom line.

Additionally, Enable offers educational resources through its Rebate Strategist University. This initiative provides practical courses on rebate management, helping professionals advance their careers and enhance their skills. Certifications and course completions can be shared on LinkedIn, adding value to the participants' professional profiles.

In summary, Enable is revolutionizing rebate management for B2B trading partners, offering a robust SaaS platform and educational resources to help businesses maximize their rebate opportunities.

Keywords: Rebate Management, SaaS, B2B, Trading Partners, Subscription Model, Revenue Growth, Global Expansion, Automotive, Plumbing, Education.

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Investments by Enable

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Flintfox
ACQUISITION by Enable Jan 2025