How Much Did Submittable Raise?
Funding & Key Investors

Submittable, a prominent player in the social impact technology sector, has successfully secured significant capital to accelerate its market expansion. The company's total funding trajectory, culminating in a $62.9M valuation, reflects its sustained growth and operational maturity. Most recently, the firm finalized a $47M major strategic investment, signaling strong confidence from institutional backers in its mission-critical software solutions for grant management and corporate social responsibility.

What is Submittable?

Submittable
SoftwareContent & Collaboration Software

Headquartered in Missoula, Montana, Submittable operates a sophisticated cloud-based platform designed to streamline the complexities of social impact programs. Since its inception in 2010, the company has evolved from its origins as Submishmash into a comprehensive ecosystem for foundations, government entities, and global corporations. The platform provides an end-to-end digital infrastructure for managing grants, scholarships, fellowships, and employee engagement initiatives. By centralizing submission workflows and offering robust tools for review, collaboration, and impact measurement, Submittable enables organizations to optimize their philanthropic and community investment strategies with precision and transparency.

How much funding has Submittable raised?

Submittable has raised a total of $62.9M across 5 funding rounds:

2012

Unspecified

$750K

2014

Grant

$100K

2017

Series A

$5M

2019

Series B

$10M

2022

Series C

$47M

Unspecified (2012): $750K with participation from Y Combinator, Flywheel Ventures, and Good Works Ventures

Grant (2014): $100K led by state of Montana

Series A (2017): $5M supported by True Ventures

Series B (2019): $10M featuring Flywheel Ventures, Next Coast Ventures, Next Frontier Capital, and True Ventures

Series C (2022): $47M backed by Next Coast Ventures, Accel-KKR, True Ventures, and Next Frontier Capital

Key Investors in Submittable

True Ventures

A founder-first venture capital firm that partners with creative teams at the earliest stages, providing capital, guidance, and a strong community to help build enduring technology companies.

Accel-KKR

A technology-focused investment firm specializing in software and tech-enabled businesses, providing growth capital and strategic partnership to middle-market companies.

Next Coast Ventures

An Austin-based venture capital firm that partners with bold entrepreneurs building innovative companies in high-growth markets, leveraging macro trends to guide investment strategy.

What's next for Submittable?

With the infusion of its latest capital, Submittable is well-positioned to scale its enterprise-level offerings and deepen its footprint in the global social impact market. The company is expected to leverage this financing to enhance its software capabilities, particularly in data analytics and automated workflow efficiency. As the demand for measurable corporate social responsibility grows, Submittable's strategic focus will likely center on expanding its client base among large-scale institutions and government agencies, further cementing its role as the primary digital backbone for mission-driven organizations worldwide.

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Frequently Asked Questions Regarding Submittable Financial Insights

What are the most recent funding rounds that Submittable has completed, and what were the funding rounds?
Submittable has recently completed 3 funding rounds: Series C on Jun 13, 2022, Series B on Jul 18, 2019, Series A on Jun 13, 2017.
What is the total amount of funding Submittable has raised to date?
Submittable has raised a total of $62.9M in funding to date.
How many funding rounds has Submittable completed?
Submittable has completed 3 funding rounds.
How much funding did Submittable raise in its most recent funding round?
Submittable raised $47M in its most recent funding round.
Who are the lead investors in Submittable's latest funding round?
The lead investor in Submittable's latest funding round was Next Coast Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Submittable's history?
The largest funding round in Submittable's history was $47M.
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