Determine
Valuation
$13.8M
2020 Revenue
$4.6M
Funding
$0
Team
177
Founded
1996
How Determine CEO Patrick Stakenas grew Determine to $4.6M revenue with a 177 person team in 2020.
Determine is a pioneering cloud platform offering source to pay and contract management solutions to optimize risk, efficiency and bottom-line impact.
Last updated
Determine Revenue
In 2020, Determine's revenue reached $4.6M. Since its launch in 1996, Determine has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2020 | Determine Hit $4.6m revenue in August 2020 |
| 1996 | Launched with $0 revenue |
Determine Valuation, Funding Rounds
Determine's most recent disclosed valuation is $13.8M.
Determine is a bootstrapped Procurement Software startup. Founded in 1996, Determine has grown to $4.6M in revenue without raising any venture capital or outside funding.
As a self-funded Procurement Software SaaS company, Determine has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold |
|---|
Determine Employees & Team Size
Determine employs approximately 177 people as of 2026, down from 184 in 2019.
Determine has 177 total employees in different roles and functions and 12 sales reps that carry a quota.
| Year | Milestone |
|---|---|
| 2020 | Reached 177 employees (December 2020) |
| 2020 | Reached 51 employees (August 2020) |
| 2020 | Reached 184 employees (June 2020) |
| 2019 | Reached 184 employees (December 2019) |
| 2018 | Reached 206 employees (December 2018) |
Founder / CEO
Patrick Stakenas
Experienced Chief Executive Officer and past public company Board Member, with a very strong record of driving revenue and building the bottom line of Middle Market private and public companies (NASDAQ/TSX), start-up corporations, and Fortune 500 divisions of publicly owned and private equity firms. Proven success leading SaaS Technology Companies, in highly complex situations/environments particularly those in growth mode, M&A mode, or challenged with stalled profitability or declining revenues, customer problems, expense increases, competitive encroachment and major internal issues.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Determine yet.
Frequently Asked Questions about Determine
What is Determine's revenue?
Determine generates $4.6M in revenue.
Who founded Determine?
Determine was founded by Patrick Stakenas.
Who is the CEO of Determine?
The CEO of Determine is Patrick Stakenas.
How much funding does Determine have?
Determine raised $0.
How many employees does Determine have?
Determine has 177 employees.
Where is Determine headquarters?
Determine is headquartered in Carmel, Indiana, United States.
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Compare Determine to the industry
Determine operates across multiple industries. Browse revenue, funding, and growth data for Determine in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .