When was Determine founded?

Determine was founded in 1996 and raised its 1st funding round 17 years after it was founded.

Where is Determine located?

Determine is headquartered in San Mateo, United States.

How many employees does Determine have?

As of May 31, 2026, the latest employee count at Determine is 16.

Is Determine a funded company?

Determine is a funded company, having raised an undisclosed amount across 9 funding rounds to date. The company's 1st funding round was a $***** Post IPO round, raised on May 31, 2013.

When was the latest funding round of Determine?

Determine's latest funding was a $***** Post IPO round on Dec 28, 2016, with participation from 0 investor. Its primary sector is SCM Software. In United States, the SCM Software sector has seen $727M in funding in 2026 to date.

Where does Determine rank among its competitors?

Determine ranks 132nd amongst 744 active competitors, of which 107 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was SkySelect, which secured $9M in Mar, 2026.

Who are the top competitors of Determine?

Determine's top competitors include Coupa, Zaggle and Procurify. Among them, SkySelect secured the most recent funding round in March, 2026.

Determine - 2026 Company Profile, Funding & Competitors

Q: Is Determine an acquired company?

Determine got acquired by Corcentric on Feb 11, 2019.

Company Details

Determine (formerly Selectica, Inc.) is a provider of SaaS enterprise contract lifecycle management, supply management, strategic sourcing, and procure-to-pay solutions. Determine provides many tools for deeper insights in Enterprise Contract Lifecycle Management, eProcurement, eSourcing, Spend and Procurement Analysis, Supplier Information Management, Invoicing, and Catalog Management. Selectica acquired Iasta in June 2014 for $13.2 M and b-pack in March 2015 for $12.5M.

Website: determine.com
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Key Metrics

Founded Year

1996

Location

San Mateo, United States

Stage

Acquired

Latest Funding Round

Post IPO, Dec 28, 2016, $*****

Investors

DFJ & 1 more

Ranked

132^nd among 744 active competitors

Employee Count

16 as on May 31, 2026

Investment & Acquisitions

b-pack & 1 more

Similar Companies

Coupa & 312 more

Exit Details

Acquired by Corcentric (Feb 11, 2019)

View Determine's full profile

Determine is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
DETERMINE, INC. CIN: 001t000000hjb0YAAQ , United States, Deadpooled		-	-	-
Determine, Inc. CIN: 770432030 , United States, Active	Apr 12, 2016	-	65 (As on Dec 31, 2018)	-

Determine got acquired by Corcentric on Feb 11, 2019 at an acquisition amount of $*****.

Click here to take a look at Determine's acquisition in detail

Determine has raised funding over 9 rounds. Its first funding round was on May 31, 2013. Determine has 2 institutional investors.

Here is the list of recent funding rounds of Determine:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 28, 2016	2490345	Post IPO	1488079	7768826	8549953	1140580
Dec 15, 2015	9741761	Post IPO	4691052	5882926	9040792	2602061
Mar 11, 2015	9972974	Post IPO	7549671	8972467	2431132	1594344

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View details of Determine's funding rounds and investors

Determine's employee count trend

Determine has 16 employees as of May 26. Here is Determine's employee count trend over the years:

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Top competitors of Determine include Coupa, Zaggle and Procurify. Here is the list of Top 10 competitors of Determine, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Coupa 2006, San Mateo (United States), Acquired	Provider of cloud-based business spend management platform leveraging AI to help companies achieve visibility, control, and optimization of total spend	$169M	Meritech, T. Rowe Price & 18 others	86/100
2nd	Zaggle 2011, Mumbai (India), Public	Platform designed to streamline business spends, payments, and rewards through automated and innovative workflows	$13.7M	Mavericks, Bengal Finance and Investment ... & 33 others	80/100
3rd	Procurify 2012, Vancouver (Canada), Series C	Developer of procurement software for managing organizational spend and workflows	$82.5M	Information Venture Partners, Nexus Venture Partners ... & 22 others	73/100
4th	Airbase 2017, San Francisco (United States), Acquired	Provider of a platform integrating human resources, finance, and information technology	$91M	First Round Capital, Menlo Ventures & 22 others	72/100
5th	GEP 1999, Clark (United States), Unfunded	Cloud-based procurement-to-pay solutions	-	-	69/100
6th	Bizongo 2015, Mumbai (India), Series E	Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions	$307M	Schroders Capital, AddVentures & 30 others	68/100
7th	SAP Ariba 1996, Palo Alto (United States), Acquired	E-procurement, invoicing, and B2B collaboration software for businesses	-	Intel, TCV & 5 others	65/100
8th	PayEm 2019, San Francisco (United States), Series A	SaaS-based expense management solutions for corporate organisations	$47M	NFX, Pitango & 6 others	64/100
9th	SkySelect 2011, San Francisco (United States), Series A	Provider of an AI-powered platform for aircraft parts procurement and sourcing	$9M	The Rock Creek Group, Verb Ventures & 12 others	64/100
10th	Ivalua 2000, Redwood City (United States), Series B	Developer of software for procurement spend and supplier management processes	$134M	Tiger Global Management, KKR & 8 others	64/100
132nd	Determine 1996, San Mateo (United States), Acquired	Platform for source to pay, strategic procurement, contract management and supplier management	-	DFJ, JK&B Capital	34/100