Instrumentl operates an AI-powered SaaS platform designed to help nonprofits and academic institutions identify, secure, and manage grant funding. Founded in 2015 by former nonprofit development professionals, the company addresses a fundamental operational challenge: the labour-intensive work of searching for suitable funders and managing applications typically handled through manual research and spreadsheets.
The platform combines grant prospecting, application tracking, and funder management in a single system. Its database covers more than 400,000 funders and monitors opportunities continuously across 24 hours. The matching engine uses machine learning to identify relevant funding sources automatically, whilst workflow automation tools streamline the application process from discovery through completion.
Instrumentl is used by over 5,500 nonprofits and academic institutions nationwide. Since its founding, more than 4,000 organisations have utilised the platform to find, win, and manage over $6.7 billion in grants. The company is cash flow positive and doubling revenue year-over-year. It has backing from Summit Partners and Y Combinator.
