Euna Options®, the main supplier of purpose-built cloud options for the general public sector, introduced the acquisition of GrantExec, an AI-native startup, devoted to simplifying grant discovery and analysis for nonprofits, universities, and community-focused organizations. The acquisition additional expands Euna’s grants portfolio by accelerating superior AI-powered grant analysis capabilities throughout the Euna Grants software program suite.
Additionally Learn: AiThority Interview with Zohaib Ahmed, co-founder and CEO at Resemble AI
“With the acquisition of GrantExec, we’re enhancing our grants analysis providing with extra AI-powered intelligence,” stated Tom Amburgey, CEO of Euna Options.
“Grant discovery is without doubt one of the most time-consuming and fragmented components of the grants course of,” stated Tom Amburgey, CEO of Euna Options. “With the acquisition of GrantExec, we’re enhancing our grants analysis providing with extra AI-powered intelligence that may assist clients establish the suitable alternatives quicker, to allow them to concentrate on delivering significant outcomes for his or her communities.”
GrantExec was based in 2022 and is headquartered in McLean, Virginia. The corporate was established to handle a persistent problem within the grant funding panorama: regardless of the supply of billions of {dollars} in public and philanthropic funding annually, organizations typically battle to establish related alternatives resulting from fragmented information sources, inconsistent data, and time-intensive handbook analysis. GrantExec streamlines this course of by leveraging AI to prepare tens of hundreds of dwell grant alternatives from each authorities and personal funders and offering structured steerage and clever analysis instruments. By doing so, organizations can effectively and successfully establish, consider, and pursue funding alternatives aligned with their mission.
“Becoming a member of Euna Options is an thrilling subsequent chapter for GrantExec,” stated Ryan Alcorn, CEO of GrantExec. “From the start, our aim has been to take away boundaries between mission-driven organizations and the funding that fuels their work. Euna Options shares that imaginative and prescient and has the dimensions, attain, and dedication to buyer success wanted to take our expertise even additional.”
As a part of the acquisition, GrantExec’s workforce will be a part of Euna Options, bringing deep experience in grant analysis, information aggregation, and AI-enabled discovery. Euna will instantly start integrating GrantExec’s expertise into the Euna Grants platform, whereas persevering with to leverage the most effective components of the grants analysis choices throughout the Firm’s flagship eCivis and AmpliFund platforms. This integration will present Euna’s clients with a seamless and streamlined expertise for figuring out funding alternatives as a part of Euna’s end-to-end grants administration platform.
The acquisition reinforces Euna’s broader mission to construct belief and allow transparency with purpose-built, intuitive expertise that helps the total monetary lifecycle of public sector and nonprofit work, from planning (Euna Finances) to funding (Euna Grants and Euna Funds) to delivering (procurement) neighborhood outcomes. By incorporating GrantExec’s AI-powered analysis capabilities, Euna Options continues to spend money on instruments that assist clients transfer quicker, make higher selections, and maximize the impression of each greenback.
Additionally Learn: The Dying of the Questionnaire: Automating RFP Responses with GenAI
[To share your insights with us, please write to psen@itechseries.com]
