How much funding has Derive raised?

Derive has raised $6.3M in total funding, most recently a Venture Round.

Where is Derive headquartered?

Derive is headquartered in Sanford, Florida, United States.

What industry is Derive in?

Derive operates in Automotive, Logistics.

Derive

Q: Who are Derive's investors?

Derive's investors include Framework Ventures, ParaFi Capital, GSR.

Empowering customers to take control of their vehicles

Sanford, United States · Founded 2003 · $6.3M raised

Automotive

Logistics

Headquarters: Sanford, Florida
Employees: 51–200
Founded: 2003
Business Model: B2B / B2C Software + Hardware

Website: derivesystems.com
Total Funding: $6.3M
Last Round: $3.0M Venture RoundNov 2022
Rounds: 2

About

Derive Systems, founded in 2003 and headquartered in Sanford, Florida, develops proprietary automotive software that enables customers to take control of their vehicles through software-defined calibrations and cloud intelligence. The company's technology has been installed on over 2 million vehicles via its brands: SCT (performance tuning for consumers), Bully Dog (diesel and gas performance products), and SCT Fleet (fleet management and optimization). Derive leverages onboard intelligence, cloud data integration, and enhanced sensors to personalize the automotive experience for both consumer and commercial markets.

Summary

Derive is an Automotive company based in Sanford, United States, founded in 2003. It has raised $6.3M in total across 2 rounds, most recently a $3.0M Venture Round round in Nov 2022. Investors include Framework Ventures, ParaFi Capital and GSR.