How Much Did Determine Raise?
Funding & Key Investors

Determine, Inc. has navigated a complex capital trajectory, securing a cumulative total of $122.5M to solidify its position in the enterprise software market. The firm recently finalized a major strategic investment of $2.5M, marking a pivotal moment in its evolution from its origins as Selectica to its current identity as a provider of comprehensive source-to-pay and contract lifecycle management solutions.

This infusion of capital underscores the market demand for robust, cloud-based infrastructure capable of managing the intricate procurement and legal workflows of global enterprises. By leveraging this financing, the company aims to further refine its proprietary technology stack and expand its footprint across diverse sectors, including pharmaceuticals, manufacturing, and financial services.

What is Determine?

Determine
SoftwareSupply Chain Management (SCM) SoftwareEnterprise Resource Planning (ERP)

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:

2000

Stock Offering

$120M

2015

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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Frequently Asked Questions Regarding Determine Financial Insights

What are the most recent funding rounds that Determine has completed, and what were the funding rounds?
Determine has recently completed 2 funding rounds: Debt on Dec 15, 2015, Stock Offering on Mar 9, 2000.
What is the total amount of funding Determine has raised to date?
Determine has raised a total of $122.5M in funding to date.
How many funding rounds has Determine completed?
Determine has completed 2 funding rounds.
How much funding did Determine raise in its most recent funding round?
Determine raised $2.5M in its most recent funding round.
Which was the largest funding round in Determine's history?
The largest funding round in Determine's history was $120M.
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