Altum
Altum, founded in 1997 as Custom Software Service, LLC, has evolved into a leading provider of grants management software, primarily serving research funders.
Profile
Altum provides cloud-based software to streamline the research grant lifecycle.
Altum, founded in 1997 as Custom Software Service, LLC, has evolved into a leading provider of grants management software, primarily serving research funders. The company rebranded to Altum in 2000, reflecting its mission to nourish and grow the research ecosystem. Altum’s flagship product, ProposalCentral, is a cloud-based platform that simplifies the grant application and management process.
The company has a long history of acquisitions, including Easygrants in 2006 and ProposalCentral in 2007, which have solidified its position in the enterprise grants management space. Altum’s leadership, including CEO Steve Pinchotti, brings decades of experience in the industry. The company’s client base includes hundreds of research funders, and it has consistently focused on optimizing the research grant lifecycle.
Altum’s recent innovations include Altum Insights and Altum Analytics, which provide advanced search, discovery, and analytics capabilities to funders. The company’s financial trajectory has been marked by steady growth, although specific revenue figures are not publicly disclosed. Altum’s commitment to connecting the research community and extending the impact of grant-making continues to drive its mission.
Products by Altum
Who buys this
- Research funders
- Government agencies
- Non-profit organizations
- Academic institutions
- Pharmaceutical companies
Strengths and what to watch
Strengths
- Proven track record with hundreds of research funders
- Comprehensive suite of grants management tools
- Strong focus on optimizing the research grant lifecycle
Watch for
- Dependence on a few large clients for revenue
- Competition from emerging grants management platforms
- Potential challenges in scaling operations globally
Key Information
- Founded
- 1997
Frequently Asked Questions
What does Altum do?
Altum provides cloud-based grants management software, primarily for research funders. Its flagship product, ProposalCentral, streamlines the grant application and management process. The company serves academic institutions, government agencies, and nonprofits, focusing on optimizing the research grant lifecycle with tools like Altum Insights for analytics.
Who uses Altum's software?
Altum's primary customers are research funders, including government agencies, academic institutions, and nonprofits. Pharmaceutical companies also use their grants management solutions. The platform helps these organizations streamline application reviews, funding distribution, and compliance tracking across the research grant lifecycle.
What is ProposalCentral?
ProposalCentral is Altum's cloud-based platform for managing research grant applications. It simplifies submission, review, and award processes for funders. Acquired in 2007, it forms the core of Altum's offerings, complemented by newer tools like Altum Analytics for data-driven decision making.
How long has Altum been in business?
Founded in 1997 as Custom Software Service, the company rebranded to Altum in 2000. Through acquisitions like Easygrants (2006) and ProposalCentral (2007), it has grown into a established grants management provider with hundreds of research funder clients.
What makes Altum different from other grants management systems?
Altum specializes in research funding with deep lifecycle optimization capabilities. Its platform combines ProposalCentral's core functionality with newer analytics tools like Altum Insights. The company's 25+ years of focus on research funders provides domain-specific workflows many competitors lack.
Does Altum offer analytics for grant makers?
Yes, Altum provides Altum Insights and Altum Analytics for funders. These tools offer advanced search, discovery, and data visualization capabilities to track grant impact, application trends, and funding outcomes. They complement ProposalCentral's core management features.
Sources
- www.altum.com — Company overview and product details
- altum.com — Leadership and company history
- www.prnewswire.com — Licensing agreement details
- www.businesswire.com — Cybersecurity white paper release