What is Determine?
Determine, Inc. offers the Determine Cloud Platform, an integrated suite designed for source-to-pay processes and enterprise contract lifecycle management (ECLM). The platform encompasses strategic sourcing, contract management, e-procurement, invoice management, financial oversight, supplier relationship management, and advanced analytics. Key solutions include SmartContracts for end-to-end contract process control, SmartSource for supplier onboarding and management, and SmartAnalytics for business intelligence. The company also provides configuration services and support for implementations and system upgrades. Determine serves a diverse range of industries, including insurance, pharmaceuticals, healthcare, retail, transportation, manufacturing, and financial services, operating across North America, Europe, Asia, and the Middle East.
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
What's next for Determine?
With a substantial enterprise-level funding context and a recent strategic investment, Determine is poised for accelerated growth. The company's focus on ECLM and source-to-pay solutions addresses critical needs for efficiency and compliance in large organizations. Future strategic initiatives will likely involve expanding its market reach, enhancing its platform capabilities with AI-driven insights, and strengthening its partner ecosystem. This capital will enable Determine to further solidify its competitive advantage in the rapidly evolving enterprise software landscape.
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