ElectrumAI is an AI platform that helps innovators access government funding, simplifying the process and increasing approval chances.
Every year, the U.S. government allocates over $1.1 trillion in grants, loans, and incentives, with hundreds of billions earmarked specifically for private-sector innovation across industries like climate tech, manufacturing, healthcare, and defense. However, despite the sheer scale of funding, most eligible companies struggle to find or navigate these opportunities. A new solution is emerging: ElectrumAI, an AI-powered platform designed to bridge the gap between innovators and government funding.
Founded by Alina Reyzelman and Niall McMahon, ElectrumAI aims to solve the discovery and access problem that many entrepreneurs face when seeking public funding. “Government funding is not the issue. Access is,” says Reyzelman, the platform’s CEO. “Public funding data is buried across dozens of fragmented systems, vague eligibility criteria, and legacy portals that weren’t built for real-world innovators. We’re building the front door to change that.”
The Genesis of ElectrumAI
The journey toward ElectrumAI started from a place of frustration. Both Reyzelman and McMahon had firsthand experience with the confusing and inefficient funding process. McMahon, who previously spent months trying to navigate the public funding landscape for a startup, recounted spending thousands of dollars on consultants and grant writers, only to come up empty-handed. “That experience wasn’t unique—it was systemic,” McMahon explains. “We founded ElectrumAI to solve a problem we lived. Now, we’re making it possible for others to succeed where we struggled.”
A Smarter, AI-Driven Approach to Public Funding
Unlike traditional search and filter tools, which rely heavily on keywords and broad criteria, ElectrumAI’s platform uses semantic AI models and large language AI to interpret and understand the meaning behind various funding opportunities. This advanced AI technology scans thousands of government programs, from grants to loans and tax incentives, to identify the most suitable matches for users. By understanding not just the keywords but also the context of each opportunity, ElectrumAI ensures that users get precise matches.
“We are leveraging the power of semantic AI, which allows us to understand meaning—not just match words,” explains McMahon. “For example, a ‘cancer diagnostics platform’ might qualify for NIH innovation funding, but it could also qualify for regional economic development grants. Our technology makes these connections at scale.”
This smart matching system enables entrepreneurs and companies to access the funding that’s right for them, accelerating the application process and increasing approval chances.
Timing the Market—and the Moment
ElectrumAI launches at a crucial time for both technology and policy. Legislative acts such as the CHIPS Act, Inflation Reduction Act, and Infrastructure Investment and Jobs Act have significantly increased the availability of public funding. At the same time, venture markets are becoming tighter, making non-dilutive funding such as grants and loans, more important than ever.
“The platform simply couldn’t have existed two years ago,” Reyzelman says. “The technology wasn’t ready, and the policy landscape hadn’t yet aligned. But today, everything’s converging AI maturity, massive funding flows, and the need for more equitable access.”
Empowering Innovation—One Grant at a Time
ElectrumAI’s mission extends beyond just funding access; the platform envisions transforming the entire funding landscape by enabling more inclusive innovation. “Public funding isn’t charity, it’s a national investment strategy,” says Reyzelman. “When bold ideas get funded, everyone wins: jobs are created, technologies are commercialized, and communities thrive.”
Additionally, the platform benefits government agencies by providing better applicant data, reducing administrative overhead, and helping to distribute funds more equitably across regions, sectors, and demographics.
ElectrumAI’s technology makes government funding more accessible, not only for large corporations but for smaller innovators and entrepreneurs who might otherwise be overlooked. Its comprehensive approach aims to democratize access to public funding and stimulate innovation across the board.
The Future of Innovation Funding
ElectrumAI is revolutionizing the way businesses access funding, helping to level the playing field for innovators of all sizes. By simplifying the discovery process, streamlining application workflows, and using cutting-edge AI technology, ElectrumAI is making it easier for businesses to navigate the complex world of government funding.
The platform also opens the door to faster, smarter, and more equitable access to capital. As more businesses embrace ElectrumAI, the company is poised to unlock billions in untapped funding and accelerate the pace of innovation across sectors.
About ElectrumAI
ElectrumAI is an AI-powered platform designed to connect innovators with the right public funding opportunities. By leveraging advanced semantic models and AI technology, ElectrumAI makes the grant discovery process smarter, faster, and more inclusive. The platform simplifies the application process, increases approval chances, and helps businesses of all sizes secure the funding they need to grow and thrive.
For more information, visit ElectrumAI or view the company’s whitepaper.
ElectrumAI is transforming the way public funding is accessed, making innovation easier and more accessible for all.
