Enable International Inc.

Enable International Inc. , based in the US, specializes in providing advanced Rebate Management Software solutions to B2B companies, streamlining pricing and rebate processes for enhanced efficiency and decision-making. Founded in 2016, Enable International Inc. operates from San Francisco, US, delivering software solutions that optimize rebate management.

The firm has engaged in 7 notable deals, with the most recent on November 7, 2023, during which it raised USD 120 mn in Series D funding led by Lightspeed Venture Partners, alongside Insight Partners, Menlo Ventures, Norwest Venture Partners, and Sierra Ventures. The total amount raised by the company is USD 120 mn, with a current valuation of USD 1. 12 bn. Founders Carol Syer and Suzanna Crawford played pivotal roles in establishing the company, and Cheon-ju Ko serves as the CEO.

Enable offers a robust Rebate Management Software platform designed for B2B companies to streamline pricing and rebate processes. This intelligent platform allows users to manage pricing, rebates, and related data efficiently, facilitating faster decision-making and reducing administrative burdens. Key functionalities include the ability to generate up to 5,000 prices per second, real-time pricing updates across all channels, and comprehensive margin visibility. The platform also incorporates AI-driven optimization to enhance negotiation strategies and uncover hidden profit opportunities.

Enable's solutions serve a diverse client base spanning various sectors, including electrical, pharmaceutical, automotive, and retail, with customers utilizing their services across multiple geographical markets, including North America, Europe, and Asia-Pacific. Enable generated revenue of USD 2,654,542. 20 in the most recent year, 2011. The company follows a subscription-based model, allowing clients access to its Rebate Management Software and associated services.

Partnerships with businesses in sectors like retail and distribution enable tailored pricing and rebate solutions, enhancing financial outcomes for clients through negotiation strategies aligned with operational goals. The flagship offering of the platform's AI-powered solution maximizes value for clients, focusing on improving profitability and operational efficiency. In November 2023, Enable International Inc. raised USD 120 mn in Series D funding, which will be used to expedite platform growth for quicker adoption, enhance actionable insights for added revenue and profit opportunities, and hire new team members to support global expansion.

The company aims to expand into new markets in North America, Europe, and Asia-Pacific, leveraging the recent funding to bolster its operations. This strategic growth initiative underscores Enable's commitment to enhancing its product offerings and increasing its market presence.