How Much Did Determine Raise?
Funding & Key Investors

Determine, a provider of software-as-a-service source-to-pay and enterprise contract lifecycle management (ECLM) solutions, has secured $122.5M in total funding. The company recently received a $2.5M major strategic investment, underscoring its significant position in the enterprise software market. This latest capital infusion is expected to fuel further development and market expansion for Determine's comprehensive platform.

What is Determine?

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

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:

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

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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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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