Awarded Software

What Awarded Software does

Awarded Software is a private SaaS company founded in 2022 and headquartered in New York that builds a Financial Stewardship Platform for US higher-education institutions. Co-founded by Amaan Badruddin (CEO) and Pranav Kunapuli (CTO), the platform addresses the full lifecycle of donor-restricted fund management — from rules-based automated scholarship awarding and renewal processing, through gift agreement storage and compliance validation, to donor stewardship reporting. Core products include Scholarship Awarding, Donor Reporting Studio, Gift Agreements (GiftAgreement.com), Fund Audits, Non-Scholarship Management, and the 2025-launched AI add-on DRGrader for donor communications grading. The technology stack centers on a rules-based awarding engine that cross-references fund criteria against student data ingested from native SIS integrations (Ellucian Banner, Ellucian Colleague, Workday Student, PeopleSoft, Jenzabar) and CRM integrations (Salesforce, Raiser's Edge, RE NXT, Blackbaud CRM), with a requirements-vs-preferences distinction and AND/OR logic to maximize fund utilization.

The company operates an enterprise SaaS model with annual, quote-based subscriptions priced by institution size, fund count, and modules selected. GTM is sales-led and consultative, with 'Book a Demo' and 'Contact Us' as primary CTAs, complemented by content marketing, an email newsletter, and conference presence (including ADRP International Conference). The company targets four primary buyer personas within institutions — Advancement/Development Offices, Financial Aid Offices, Budget & Finance teams, and Student Affairs — and serves 100+ campuses managing more than $60B in donor funds with reported 95% fund utilization across partner portfolios. Reported customer outcomes include up to 80% time savings on donor report production, 80–90% reduction in manual spreadsheet work during peak awarding season, 96% of clients condensing or eliminating student scholarship applications through integrations, and an estimated $75k–$350k in annual budget savings for an average 4-year institution.

Name

Awarded Software

Legal name

Awarded Software Inc.

Website

https://awardedsoftware.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

1–10 employees

Short description

Awarded Software is a US-based SaaS company, founded in 2022, that builds a Financial Stewardship Platform helping higher-education institutions automate scholarship awarding, validate donor gift agreements, and produce stewardship reports, serving 100+ campuses.

Ownership category

akta.pro rank

Product category

Higher Education Fund Management Software

NAICS

Software Publishers (513210), Software Publishers (5132), Educational Support Services (611710)

SIC

Services-Prepackaged Software (7372), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Scholarships, Grants & Donor-Funded Awards Management (EDALAJAB)

akta.pro secondary industries

Advancement Services & Donor Operations (CRM, Gift Processing, Stewardship) (EDALAOAD), Scholarship, Financial Aid & FAFSA Support Platforms (EDAFAMAF), Financial Aid Administration & Packaging (EDALAJAA), Scholarships, Grants & Education Benefits Administration (Financing-adjacent) (FSAKAEAM)

Keywords

• Scholarship management software
• Donor stewardship software
• Higher education SaaS
• Fund compliance platform
• Financial stewardship platform

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

1. SaaS Subscription: Annual or multi-year subscription model for the Financial Stewardship Platform. Custom pricing based on institution size, fund count, and modules selected.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels5 records

Core offering

Awarded Software sells a Financial Stewardship Platform for colleges and universities that automates the full lifecycle of donor-funded scholarships and restricted funds. The platform includes rules-based scholarship awarding with eligibility matching and renewals, donor impact report generation, gift agreement management with e-signature, fund compliance audits, non-scholarship fund management, and DRGrader AI-powered donor communications grading. It integrates natively with major SIS and CRM platforms and serves Financial Aid, Advancement, Finance, and Student Affairs offices.

Product overview

Awarded Software offers a unified Financial Stewardship Platform for higher education institutions. The platform consists of six integrated products: Scholarship Awarding (automated rules-based matching and awarding engine), Donor Reporting Studio (automated stewardship report generation), Gift Agreements (collaborative gift agreement creation and approval), Non-Scholarship Management (for professorships and research funds), Fund Audits (compliance checking and remediation), and DRGrader (AI-powered donor communication grading). The platform connects with all major SIS platforms (Banner, Colleague, PeopleSoft, Workday, Jenzabar) and CRMs (Salesforce, Raiser's Edge, Blackbaud CRM) to provide real-time data synchronization. All modules share a unified data layer enabling compliance tracking, fund utilization dashboards, and coordinated workflows across financial aid, advancement, and finance departments.

Differentiator

Problem solved

Functional benefit

Brands

• DRGrader: AI-powered tool for grading and improving donor communications, developed in partnership with the Donor Relations Group
• GiftAgreement.com
• Donor Reporting Studio
• Scholarship Awarding Platform
• Fund Audits
• Non-Scholarship Management

Products and services

• Scholarship Awarding Automated scholarship matching platform for colleges and universities that uses a rules-based engine to match students to eligible scholarships, fully, compliantly, and on-time. Supports both stackable and swappable scholarships, auto-renewals, eligibility verification, requirements vs. preferences logic, and AND/OR tiered matching.
• Donor Reporting Studio Automated stewardship report generation platform that produces personalized, branded donor impact reports at scale for university advancement teams, delivering via print, email, or branded microsite and integrating with SIS and CRM systems.
• Gift Agreements Streamlined gift agreement creation and approval platform for universities with templates, compliance checks, and e-signature workflows that store original gift agreements and validate each award against donor terms.
• Non-Scholarship Management Management platform for professorships, research funds, program funds, and other non-scholarship restricted funds, providing centralized visibility, compliance tracking, and utilization dashboards.
• Fund Audits Interactive fund audit platform that audits thousands of funds in minutes, built on legal precedents and industry best practices, and instantly shows how to remediate funds for compliance.
• DRGrader AI-powered tool that instantly grades donor communications and provides specific improvement suggestions to enhance donor retention and engagement. Co-developed in partnership with the Donor Relations Group.

Quantifiable outcome

• Up to 80% time savings on donor report production vs. manual InDesign workflows
• +7 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration9 records

AI capability6 records

Feature8 records

Partnerships

Nine partnerships are on record, tiered core.

• Donor Relations GroupcoreStrategic or Co-development PartnerPartnership with Donor Relations Group to build DRGrader, the industry's leading AI tool for grading and improving donor communications. DRGrader was co-developed to enhance donor retention and engagement for institutions using the Awarded platform.
• Ellucian BannercoreTechnology or IntegrationNative API integration with Ellucian Banner SIS platform for real-time student data synchronization and scholarship awarding synchronization.
• Ellucian ColleaguecoreTechnology or IntegrationNative API integration with Ellucian Colleague SIS platform for real-time student data synchronization.
• Workday StudentcoreTechnology or IntegrationTwo-way data transfer integration via CSV/SFTP with Workday Student for student data synchronization and award posting.
• PeopleSoftcoreTechnology or IntegrationTwo-way data transfer integration via CSV/SFTP with PeopleSoft for student data synchronization and award posting.
• JenzabarcoreTechnology or IntegrationTwo-way data transfer integration via CSV/SFTP with Jenzabar for student data synchronization and award posting.
• SalesforcecoreTechnology or IntegrationCRM integration with Salesforce for donor data synchronization and report delivery. Supports two-way CSV/SFTP data exchange.
• Raiser's Edge (Blackbaud)coreTechnology or IntegrationCRM integration with Raiser's Edge for donor data synchronization and report delivery.
• Blackbaud CRMcoreTechnology or IntegrationCRM integration with Blackbaud CRM for donor data synchronization.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Market position

Competitive moat5 records

Key risks3 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Awarded Software