What does Instrumentl do?
Instrumentl offers an end-to-end platform for grant discovery, writing, and post-award management. It serves nonprofits, universities, and consultants helping them secure and manage grant funding.
How much did they raise?
Instrumentl raised $55M in a Series A round led by Summit Partners, with the funding aimed at accelerating the development of its platform.
What are their plans for the money?
The company intends to use this funding to rapidly develop its AI capabilities, scale U.S. customer acquisition, and empower grant seekers to diversify and strengthen their funding strategies, potentially transforming the way grants are managed.
What have they achieved so far?
Instrumentl has already made significant progress by helping over 4,500 customers win more than $1 Billion and manage over $6 Billion in grants.
