Instrumentl

Instrumentl is an American software company that provides an AI-powered SaaS platform for grant funding. Founded in 2015 by a team of former nonprofit development staff, the company builds tools for nonprofits and academic institutions to find, win and manage grants. Its platform combines grant prospecting, tracking and management in a single product, using matching algorithms to compare organisations against a database of more than 400,000 funders, tracking new opportunities around the clock, and streamlining the application workflow.

The technical work spans artificial intelligence, SaaS product development, grant matching algorithms, large-scale database search and matching, and workflow automation. Since its founding, the platform has been used by over 4,000 organisations, and more than 5,500 nonprofits and academic institutions now rely on it. Instrumentl reports that the platform has supported more than $6.7 billion in grant funding won or managed, and that the business is doubling year over year. The company is backed by Summit Partners and Y Combinator and says it is cash-flow positive. Its operations are United States-wide.

Instrumentl describes its mission as democratising access to funding for communities, and points to the impact of the work it supports: educating children, protecting endangered species and restoring natural habitats. The company also frames its trajectory as evidence that a business can expand its impact on such missions while growing commercially. The sectors it serves include nonprofits, education, environmental and wildlife conservation, habitat restoration, and philanthropy and grant funding.