CHICAGO – March 11, 2025 – Euna Solutions, a provider of SaaS solutions purpose-built for the public sector, has acquired First Analysis portfolio company AmpliFund, a leading grant management platform provider. This strategic move enhances Euna Solutions’ existing grant management product suite, further solidifying its commitment to delivering innovative and comprehensive tools for government agencies, nonprofits and other public sector organizations.
AmpliFund empowers grant funders and recipients to manage every stage of the grant life cycle. State, local and tribal governments rely on AmpliFund’s tools, resources and dedicated support to build team capacity, ensure compliance and maximize funding potential. AmpliFund’s specialized grant management software complements Euna Solutions’ existing offerings and advances its mission to serve the public sector through innovative, purpose-built technology.
“We are thrilled to join forces with Euna Solutions and continue our mission of simplifying grant management for organizations that make a difference,” said Scott Smith, CEO of AmpliFund. “Reaching this milestone wouldn’t have been possible without the First Analysis team’s support and strategic guidance. We’re grateful for their partnership.”
First Analysis Managing Director Corey Greendale said, “With a strong team led by CEO Scott Smith and building on the foundation laid by founder Adam Roth, Amplifund has become a leader in the grants management space. It’s been a privilege to support the company over the past several years, and its future looks bright as it combines with Euna Solutions.”
About AmpliFund
AmpliFund is a purpose-built grant management platform designed for state, local and tribal governments to manage every phase of the grant management process. The company’s configurable solution provides a full suite of features needed by grant funders and recipients to maximize grant outcomes, meet performance standards and increase compliance so they can achieve their missions. For more information, visit www.amplifund.com.
About Euna Solutions
Euna Solutions® is a leading provider of purpose-built, cloud-based solutions that power critical administrative functions and financial operations for the public sector. Euna Solutions offers easy-to-use solutions for procurement, payments, grant management, budgeting and special education administration that are trusted to increase operational efficiency, transparency, collaboration and compliance. Working with more than 3,200 government and public sector organizations across North America, Euna Solutions strives to build trust and enable transparency in our communities. Euna Solutions is recognized on Government Technology’s GovTech 100 list, an annual list of the top 100 companies focused on, making a difference in, and selling to state and local government agencies across the U.S. To learn more, visit www.eunasolutions.com.
About First Analysis
First Analysis is a leading venture capital investor in B2B technology, with over 40 years of experience and over $880 million invested. Our investment strategy is grounded in insights from our research and transaction advisory work, which enable us to identify compelling opportunities and support companies as they grow. We invest primarily in North America across sectors where our research provides a differentiated perspective, including cybersecurity, e-commerce optimization, enterprise productivity, future of work, go-to-market technology, healthcare IT, infrastructure technology, Internet of Things, learning technology, pharma IT, supply chain and vertical SaaS. We target entrepreneur-driven, capital-efficient companies with proven business models and demonstrable customer successes. We partner with our portfolio companies to build to successful exits, investing $3 to $10 million, either as a lead investor or as a syndicate partner bringing valuable insights and expertise. For more information, visit www.firstanalysis.com.
For more information, please contact:
Corey Greendale
Managing Director
312-258-7139
cgreendale@firstanalysis.com
James Macdonald
Managing Director
312-258-7124
jmacdonald@firstanalysis.com
Media contact:
David Leshuk
Managing Director
312-258-7131
dleshuk@firstanalysis.com