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Overview
Instrumentl helps nonprofits, universities, and grant writers find and manage grant opportunities through a subscription platform. Users sign up for a pricing tier, and the system automatically matches relevant grants to their profiles using foundation data and IRS Form 990 filings, while also sending automatic deadline reminders and enabling custom reports. The platform combines data-driven grant matching, deadline tracking, and reporting in one integrated workflow for a wide range of clients. The goal is to save time and increase efficiency in grant work, helping clients maximize funding and reduce administrative burdens.
About Instrumentl
Industries
Data & Analytics
Enterprise Software
Social Impact
Education
Company Size
51-200
Company Stage
Growth Equity (Venture Capital)
Total Funding
$55.1M
Headquarters
Fort Worth, Texas
Founded
2016
Simplify's Take
What believers are saying
- Summit Partners' $55M investment funds AI expansion and accelerates U.S. customer acquisition.
- 4,500+ customers and $1B+ in grants won create network effects and retention moat.
- Post-award lifecycle management and reporting tools expand TAM beyond discovery phase.
What critics are saying
- GrantForward dominates university research offices; 50-70% probability of losing academic clients in 12-24 months.
- Free AI tools from Google and ChatGPT commoditize grant matching; 70-90% probability of conversion decline.
- Proposed IRS Rule 2026-12 restricts Form 990 data access; 30-50% probability blocks core matching engine.
What makes Instrumentl unique
- Instrumentl aggregates 33,000+ live grants with AI-powered matching across federal, state, corporate, and private sources.
- Platform saves users three hours weekly and increases grant applications 78% within first year.
- Customers secured $6.7 billion in grants since 2015, demonstrating proven funding efficacy.
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Funding
Total Funding
$55.1M
Above
Industry Average
Funded Over
2 Rounds
Y CombinatorBenefits
Competitive salary + equity
Health, dental, and vision insurance
401k
Generous PTO policy
Parental leave
Company laptop + $500 to set up your home workstation
Growth & Insights and Company News
6 month growth
↓ -8%1 year growth
↓ -8%2 year growth
↓ -20%Instrumentl, based in Oakland, CA, has secured a $55 million growth investment.
Instrumentl has raised $55 million in growth funding led by Summit Partners to support its mission of simplifying and scaling nonprofit grant fundraising.
Instrumentl, a grant solution platform for nonprofits and universities, secured a $55 million investment from Summit Partners to enhance its AI capabilities and expand U.S. customer acquisition. The platform helps users streamline grant processes, leading to significant time savings and increased funding. Instrumentl's 4,500+ customers have won over $1 billion in grants. Summit Partners' Daniel Kim joins the board to support Instrumentl's growth.
Instrumentl is Hiring for 15 Jobs on Simplify!
Find jobs on Simplify and start your career today
About Instrumentl
Industries
Data & Analytics
Enterprise Software
Social Impact
Education
Company Size
51-200
Company Stage
Growth Equity (Venture Capital)
Total Funding
$55.1M
Headquarters
Fort Worth, Texas
Founded
2016
Instrumentl is Hiring for 15 Jobs on Simplify!
Find jobs on Simplify and start your career today