Enable, a California-based cloud-based software solution for B2B rebate management, has opened a new office location in Toronto, Ontario, Canada.
The Toronto office opened on Sept. 1, according to a press release on Business Wire.
"Toronto is our third office opening and I couldn’t be more excited" Andrew Butt, Enable CEO and co-founder, said in the release. "The diversity and tech talent in Toronto is incredibly compelling and this new office provides current and new employees with access to world-class facilities, enabling them to better serve our customers. Our plan is to continue to grow our presence across North America so we can get closer to our customers, and place our technology in the hands of many more companies."
Enable is used by other companies to create, execute and track their trading programs, the release said. The goal is to reduce risk in trading and improve financial performance.
Headquartered in San Francisco, Enable also has an office in Stratford-upon-Avon in the U.K. It employs 171 people across its three offices. According to the press release, Enable has more merchants and suppliers in North America than any other comparable software solution company.
Enable has had recent success, earning a spot on the Inc. 5000 2021 list, according to the press release. The company's growth provides much of the rationale for the Toronto expansion, as they need a larger team to support the North American market. The Toronto office's address will be at 545 King St. West.
Last year Enable moved its corporate headquarters from the U.K. to San Francisco, according to the press release. Enable's revenue has tripled in the past year in the wake of a Series A raise.