Derivita

Derivita

Private
Salt Lake City, UtahEnterprise Softwarehttps://www.derivita.com

Last Round

VC Round

Jan 23, 2023

Total Funding Raised

$8.25M

Company Overview

Derivita is an educational technology company that provides a platform for mathematics instruction, assessment, and analytics. Founded in 2017 by Devlin Daley, a co-founder of Instructure, and Ryan Brown, a former Google engineer, the company aims to improve math education for K-12 and higher education institutions. The platform features a proprietary computer algebra system, a large library of math questions, and tools for creating assignments, quizzes, and exams that can be integrated into learning management systems (LMS) like Canvas. Derivita's software offers auto-grading for open-ended questions and provides immediate, targeted feedback to students, enabling educators to streamline their workflow and enhance learning outcomes.

Sector

Enterprise Software

Verticals

Vertical SaaS, Content Creation, Business Intelligence

Business Model

B2G

Customer Profile

Subscription SaaS, Government Contracts, Freemium, Services & Consulting

AI Layer

Application

Keywords

math coursewareLMS integrationEdTechauto-gradingmath question bankonline math homeworksupplemental curriculumformative assessmentK-12 educationhigher educationB2Geducation analyticsshow work featuregovernment contracts

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Derivita Comps

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CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Derivita Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
VC RoundJan 23, 2023
Series ADec 9, 2021
SeedJun 3, 2020

Key People

Founding team and executive leadership

Ryan Brown

Co-Founder And CTO

Founding Team

Derivita Investors

Notable investors and investment history

InvestorRounds
Frazier GroupVC Round
Owl VenturesSeed
Reach CapitalSeed, Series A

Derivita Filings

SEC and related filings with document metadata.

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Derivita Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Derivita's valuation, stock price, and market status.

Firmographic Details

HeadquartersSalt Lake City, Utah
Employee Range55
Year Founded2017
Last FundingJan 23, 2023

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