Instrumentl raises $55M in funding led by Summit Partners to enhance its AI capabilities and expand U.S. customer acquisition for its grant solution platform.
Instrumentl raises $55M in funding led by Summit Partners to enhance its AI capabilities and expand U.S. customer acquisition for its grant solution platform.
04/23/25, 3:39 PM
Location
Money raised
$55 million
Industry
saas
artificial intelligence
software
Investors
Summit Partners
Instrumentl, an Oakland-based provider of a full-lifecycle grant solution, raised $55M in funding. The round was led by Summit Partners. The company plans to use the funds to enhance its AI capabilities and scale customer acquisition. Instrumentl serves over 4,500 customers, including nonprofits and universities.