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Instrumentl Analysis: $55M Raised

What is Instrumentl?

Instrumentl is a grant management platform that helps organizations discover funding, craft proposals, and manage grants efficiently.
Employees
11-50
Founded
2015
Industry
B2b Saas
Latest Funding Round
M&A
Latest Funding Round Size
Private Equity Round
Parent Company Website
Public Company Status
Private
Recent Venture Round Amount
$55,000,000
Use Clay
No

Product Features & Capabilities

  • Grant prospecting tools for finding relevant funding
  • AI-driven proposal drafting to enhance writing efficiency
  • Automated deadline tracking and task management
  • Portfolio overviews for streamlined grant management
  • Peer prospecting to identify funders supporting similar organizations.

Use Cases

Discover relevant grants quickly for nonprofit projects; Streamline grant application processes to meet deadlines; Enhance proposal quality using AI insights; Manage multiple grants efficiently in one platform; Track funding opportunities and deadlines collaboratively.

How much Instrumentl raised

Private Equity Round - $55 million

April 23, 2025
Lead Investor: Summit Partners

Other Considerations

Trusted by over 4,500 nonprofits; Over $1 billion in active grants available; Established in 2015, serving diverse missions.

Sales Tech Stack

Instrumentl uses various sales technology tools, including Intercom, which enhances marketing and sales processes by managing client interactions and facilitating targeted campaigns.
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Financial Overview

$55MTotal Raised
Private Equity Round$55 million
April 23, 2025
Investors: Summit Partners
Venture Round
January 1, 2020
Investors: None listed
Seed Round
August 1, 2017
Investors: None listed
Seed Round
August 24, 2016
Investors: None listed
Pre Seed Round
April 1, 2016
Investors: None listed
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