What is Determine?
Determine, Inc. operates as a sophisticated software-as-a-service provider specializing in the source-to-pay and enterprise contract lifecycle management (ECLM) ecosystem. Its flagship offering, the Determine Cloud Platform, serves as an open technology infrastructure designed to streamline strategic sourcing, e-procurement, and invoice management. By integrating SmartContracts, SmartSource, and SmartAnalytics, the company provides a unified environment for organizations to manage the entire lifecycle of supplier relationships and contractual obligations.
The company's market position is defined by its ability to offer a patented configuration engine that accelerates the opportunity-to-order process. With a global operational presence spanning North America, Europe, and Asia, Determine, Inc. addresses the critical need for digital transformation in complex procurement environments, serving a client base that ranges from healthcare providers to large-scale manufacturers.
How much funding has Determine raised?
Determine has raised a total of $122.5M across 2 funding rounds:
Stock Offering
$120M
Debt
$2.5M
Stock Issuance/Offering (2000): $120M, investors not publicly disclosed
Debt (2015): $2.5M, investors not publicly disclosed
Key Investors in Determine
Undisclosed Investor
Undisclosed investor participating in the funding round.
Undisclosed Investor
Undisclosed investor participating in the funding round.
Undisclosed Investor
Undisclosed investor participating in the funding round.
What's next for Determine?
With the recent strategic investment, Determine, Inc. is positioned to accelerate its product roadmap and enhance its competitive edge in the ECLM space. The focus will likely shift toward deepening the integration of its analytics capabilities and expanding its direct sales and OEM partner channels. As enterprises continue to prioritize operational efficiency and risk mitigation in their supply chains, Determine's ability to provide actionable business insights through its SmartAnalytics suite will be a key driver of future growth. The company is expected to leverage this capital to scale its implementation and solution architecture services, ensuring that its global client base can effectively navigate the complexities of modern procurement and contract management.
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