Derivita

Deal Snapshot

Company: Derivita, Inc.

Website: derivita.com

Sector / Category: EdTech / Digital math instruction platform / LMS-integrated math practice & assessment

Headquarters: Salt Lake City, Utah, USA

Founded: 2015

Investor: Frazier VC 

Investment Vehicle: Fund IV 

Deal Type: Series A

Company Overview

Derivita is an education technology company offering an online math platform built to integrate seamlessly with learning management systems (LMS). Its tools support math instruction, practice, assessments, and analytics, helping schools and districts deliver standards-aligned instruction while giving educators insight into student progress and learning gaps.

Public Funding / Capital Events

Investor databases report Derivita has raised approximately $8.25M across two funding rounds, with Reach Capital listed in connection with institutional funding. Tracxn

Investment Summary

Frazier VC invested in Derivita because we see strong potential in scalable, mission-critical education software that improves measurable learning outcomes. Fund IV made an investment in Derivita in March 2024, reflecting conviction in the company’s platform, differentiated product approach, and opportunity for growth in K–12 and broader education markets.

Why We Invested

Frazier VC invested in Derivita because the company operates in a large and durable education market with strong potential for growth as schools continue shifting toward data-driven instruction. Derivita’s platform is scalable, software-driven, and designed to expand efficiently across districts and schools through LMS integration. We believe the company’s differentiation comes from combining standards-aligned content, instruction support, and analytics in a single integrated platform that fits naturally into educator workflows. The embedded nature of the product creates meaningful barriers to entry and high switching costs, and we value the strength of Derivita’s leadership team and ability to execute in a complex education environment.

Other Investors

Reach Capital