# Submittable Holdings

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/submittable-holdings

- Industry: Software
- Headquarters: Missoula, US
- Website: www.submittable.com
- Total disclosed funding: $63M
- Latest round: Series C (Jun 10, 2022)
- Investors on record: 9

## About

Submittable Holdings Inc. is a social impact platform that provides grant management and application software solutions, enhancing the effectiveness of funding processes for various organizations.Founded in 2010 by Michael FitzGerald, Submittable is headquartered in Missoula, US. The company offers a suite of tools for managing submissions and grants, evolving its business model to focus on social impact initiatives. In June 2022, Submittable raised USD 47.00 mn in Series C funding led by Accel-KKR, with participation from Flywheel Ventures, Next Coast Ventures, Next Frontier Capital, StepStone, and True Ventures, bringing its total amount raised to USD 47.00 mn and current valuation to USD 187.80 mn.Submittable specializes in grant management and corporate social responsibility (CSR) initiatives through its comprehensive platform. It offers tools to streamline submission, review, and disbursement processes for grants, catering to a broad clientele including foundations, corporations, government entities, nonprofits, and universities. The platform enhances user experience with features such as collaborative review workflows and impact tracking, and is utilized across North America, Europe, and parts of Asia.Submittable generates revenue through subscription-based models, where clients pay for access to its platform. The pricing is often tiered based on organizational size and service scope, including functionalities for grant management and impactful reporting tools. Clients typically engage in annual subscriptions, and the firm's revenue is supported by partnerships that allow for tailored solutions. Its flagship application management software integrates grant distribution and tracking capabilities.Following its most recent funding round in June 2022, Submittable plans to utilize the USD 47.00 mn raised to expand operations and enhance its product offerings. The company is focused on introducing new functionalities and features to its platform. Additionally, it aims to expand its reach into new markets, although specific regions and timelines for this expansion have not been detailed.

## Funding rounds

- Series C, Jun 10, 2022, $47M — Accel-KKR, Flywheel Ventures, True Ventures, StepStone, Next Frontier Capital, Next Coast Ventures
- Series B, Jul 18, 2019, $10M — Flywheel Ventures, True Ventures, Next Frontier Capital, Next Coast Ventures
- Series A, Jun 13, 2017, $5M — True Ventures
- Series A, Dec 11, 2015, $1.3M — Flywheel Ventures, Knight Enterprise Fund, K5 Ventures, Next Frontier Capital
- Seed, Aug 21, 2012 — Y Combinator

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Flywheel Ventures (https://capitalatlas.ai/funds/flywheel-ventures) — Series A, Series B, Series C
- Knight Enterprise Fund (https://capitalatlas.ai/funds/knight-enterprise-fund) — Series A
- K5 Ventures (https://capitalatlas.ai/funds/k5-ventures) — Series A
- Next Frontier Capital (https://capitalatlas.ai/funds/next-frontier-capital) — Series A, Series B, Series C
- True Ventures (https://capitalatlas.ai/funds/true-ventures) — Series A, Series B, Series C
- Next Coast Ventures (https://capitalatlas.ai/funds/next-coast-ventures) — Series B, Series C
- Accel-KKR (https://capitalatlas.ai/funds/accel-kkr) — Series C
- StepStone (https://capitalatlas.ai/funds/stepstone) — Series C