£98.0M
The series D round values the business at $1.1bn and featured backing from Menlo Ventures, Norwest Venture Partners, Insight Partners, and Sierra Ventures.
"By helping the market to understand how to strategically use rebates for growth, and by demonstrating the financial outcomes our customers are achieving, we’re bringing to light what effective rebate management can deliver. Our customers average a 4x return on investment, save more than 40 hours a month, and can immediately return $300,000 or more. With this round of funding, we will drive even more financial outcomes for companies that are feeling the crunch of the supply chain and wanting to invest in their growth and partnerships."
