How Much Did Derive Raise?
Funding & Key Investors

Derive has successfully secured a significant capital injection, bringing its total funding to $19K. This latest financing round, which contributed $19K to the company's balance sheet, underscores the growing market demand for sophisticated machine learning and data science infrastructure. By securing this investment, Derive is well-positioned to accelerate its operational scaling and enhance its proprietary AI service offerings for a diverse enterprise client base.

What is Derive?

Derive
Business ServicesSoftware TestingProject Management

Derive operates at the intersection of advanced data science and enterprise-grade machine learning, providing bespoke AI solutions designed to foster sustainable competitive advantages. The firm distinguishes itself through a collaborative service model that bridges the gap between complex algorithmic development and practical business application. By catering to a spectrum of organizations ranging from agile startups to established Fortune 500 entities, Derive has cultivated a reputation for transparency and technical rigor. Their approach is not merely transactional; it focuses on long-term partnership, ensuring that client teams are empowered through comprehensive training and strategic mentoring to maintain the efficacy of their AI implementations over time.

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

Key Investors in Derive

PPP

Public-Private Partnership

What's next for Derive?

With the recent infusion of capital, Derive is poised to transition into a more aggressive growth phase, likely focusing on talent acquisition and the expansion of its technical infrastructure. The company's strategic roadmap suggests a pivot toward deepening its productized AI offerings, which will allow for greater scalability across its client portfolio. As the firm navigates the Series A/B growth stage, the focus will remain on maintaining high-touch client relationships while simultaneously optimizing internal processes to handle increased demand. Investors will be monitoring the company's ability to translate this recent financing into measurable market share gains and sustained technological innovation within the competitive AI landscape.

See full Derive company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Business Services industry

Business ServicesField Service Management
Accounting for Legal PracticesBusiness Services
Advertising NetworksBusiness Services
Business ServicesProject Management

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.
See more information about Derive