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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.
Amount Raised
$55 Million
Investors
Description
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.
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