Enable: Raises $45M in Series B Funding

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Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

Enable Raises $45M in Series B Funding

  • Enable, a San Francisco, CA-based cloud-based software solution for B2B rebate management, raised $45m in Series B funding
  • The round, which brought total funding to $62m, was led by Norwest Venture Partners with participation from previous investors
  • In addition to the raise, Sean Jacobsohn, Partner at Norwest Venture Partners, will join company’s Board of Directors
  • The company intends to use the funds to continue to expand operations and its business reach
  • The company provides a collaboration platform for maximizing the performance of B2B deals while improving financial transparency and driving operational efficiency
  • With the company, users can model every rebate deal, even the most complex ones
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