How Much Did Derive Raise?
Funding & Key Investors

Derive, a company specializing in Data Science and Machine Learning, has secured $19K in total funding, with its most recent financing round bringing in $19K in moderate growth capital. This strategic investment underscores the company's trajectory in the competitive AI solutions market.

What is Derive?

Derive
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Derive focuses on delivering tailored Artificial Intelligence solutions designed to provide businesses with a sustainable competitive advantage. The company caters to a broad spectrum of clients, ranging from emerging startups to established Fortune 500 corporations. Its core strategy involves developing custom AI implementations that precisely align with each client's unique requirements and overarching strategic objectives. Derive is committed to maintaining transparency throughout its engagements, ensuring clients gain a thorough understanding of the AI processes and outcomes. The company is led by a seasoned founder and prioritizes the cultivation of enduring client partnerships, further enhanced by comprehensive training and mentorship programs.

How much funding has Derive raised?

Derive has raised a total of $19K across 1 funding round:

2021

Debt

$19K

Debt (2021): $19K with participation from PPP

What's next for Derive?

Positioned at a Series A/B growth stage, Derive's recent influx of moderate growth capital is indicative of its potential for scaling operations and expanding its market reach. The company is likely to leverage this investment to enhance its AI platform capabilities, broaden its client acquisition efforts, and potentially explore new industry verticals. Continued focus on custom AI solutions and client empowerment will be critical for solidifying its market position and achieving sustained expansion in the dynamic data science landscape.

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Frequently Asked Questions Regarding Derive Financial Insights

What are the most recent funding rounds that Derive has completed, and what were the funding rounds?
Derive has recently completed 1 funding rounds: Debt on Mar 13, 2021.
What is the total amount of funding Derive has raised to date?
Derive has raised a total of $19K in funding to date.
How many funding rounds has Derive completed?
Derive has completed 1 funding rounds.
How much funding did Derive raise in its most recent funding round?
Derive raised $19K in its most recent funding round.
Who are the lead investors in Derive's latest funding round?
The lead investor in Derive's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Derive's history?
The largest funding round in Derive's history was $19K.
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