$276M Raised to Democratize Rebate Management in the Supply Chain
Welcome back to The SaaS CFO Podcast! In today's episode, we're sitting down with Andrew Butt, the co-founder and CEO at Enable, a revolutionary B2B SaaS platform designed to streamline rebate management in the supply chain. Andrew's journey from building custom software for businesses to spearheading a category-defining platform offers a treasure trove of insights. With a background that marries application development with an acute understanding of business mechanics, Andrew is a seasoned entrepreneur now leading his third company.
In a candid conversation with our very own Ben, Andrew delves into the intricate world of rebates — a space he both dominates and continuously innovates within. He shares the compelling growth story of Enable, which has expanded rapidly to a robust size of over 600 team members and a remarkable multi-fold increase in ARR year-over-year. The duo also tackles the ever-important topic of fundraising, with Enable having recently completed a significant round that puts them well on the track towards an ambitious public offering.
Andrew's practical wisdom on achieving product-market fit, honing in on vital go-to-market strategies, and balancing growth with efficiency makes this episode a must-listen. Are you ready to dive into the nuts and bolts of revolutionizing rebate management and building a SaaS platform that scales? Join us as we explore the enablement journey through Andrew's exceptional leadership at Enable.
Show Notes:
00:00 Creating new market, already market leader.
04:46 Creating custom software for clients' unique needs.
08:33 CFO crucial in managing company's finances effectively.
11:14 Consistent growth, strong retention, huge market potential.
14:39 Achieved product-market fit, successful revenue growth.
17:17 Transitioned from launch to focus and scale.
20:30 Focus on growth, efficiency, and customer success.
Links:
SaaS Fundraising Stories: https://www.thesaasnews.com/news/enable-raises-120-million-in-series-d
Andrew Butt’s LinkedIn: https://www.linkedin.com/in/awbutt/
Enable’s LinkedIn: https://www.linkedin.com/company/enable-software/
To learn more about Ben check out the links below:
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