Enable is a cloud-based software platform that helps businesses manage and optimize their rebate programs. Rebates are incentives used by manufacturers, distributors, and retailers to drive purchasing behavior and build customer loyalty. Enable's platform streamlines the creation, execution, tracking, and optimization of various rebate deal types by providing collaborative dashboards, forecasting capabilities, and specialized modules.
The co-founders, Andrew Butt and Denys Shortt, bring extensive experience in the B2B software space to Enable. They met in their teens while learning to fly helicopters and have been business partners since 2000. Butt, who serves as Enable's CEO, previously co-founded and sold Enable Informatix, a property management software company. Shortt had built DCS Group, a leading health, beauty, and household product distributor in the UK. Enable has raised a total of $276 million in funding since 2020, with its latest $120 million Series D round led by Lightspeed Venture Partners in November 2023, valuing the company at $1.12 billion.
Enable's platform is currently used by over 10,000 companies across various industries, including major customers like Advanced Auto Parts, Douglas Dynamics, and Chadwell Supply. As rebates become an increasingly important tool for driving growth and fostering partnerships in the supply chain industry, Enable is well-positioned to help businesses unlock the full potential of their rebate programs. With plans to accelerate product development, expand globally, and increase headcount over 400 employees, joining Enable offers an opportunity to be part of a rapidly growing company in a market with significant potential.
2016
Founded
500-1k
Employees
Series D
Stage
$1.12B
Latest Valuation
$200-400M
Total Funding
Feb 14 2024
Last Fundraise
Why is the rating
Top Previous Employers
Accenture
Deloitte
Nasoft
SAP
Softtek