Ascend logo — The AI-driven finance automation platform for insurance reta...

Ascend

The AI-driven finance automation platform for insurance retailers, intermediaries, and carriers.

Founded 2021 United States San Francisco, United States 59 employees Debt Financing Total: $285.50M Finance, Fintech +2

General Information

Company Name Ascend
Founded Year 2021
Location United States San Francisco, United States +1
Employees 59
Industries Finance, Fintech, Insurance +1
Funding Stage Debt Financing
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About Ascend

Ascend is a finance automation platform focused on the insurance industry, offering its services to retailers, brokers, MGAs, and carriers. Founded in 2021, Ascend's mission is to enhance the profitability of insurance businesses by increasing revenue and reducing operational expenses through administrative process automation, financial insights, and treasury management. With a customer base of 3,000+ insurance businesses, ranging from startups to publicly traded companies, Ascend aims to streamline financial operations within the sector.

The company recently secured a $250.00M Debt Financing investment on 27 January 2022, signaling strong investor confidence in its capabilities. Ascend's headquarters are located in the United States. Notably, the company is actively hiring across go-to-market, engineering, and business functions. Individuals interested in contributing to Ascend's mission can reach out to the company at [email protected]. Overall, Ascend's innovative approach to finance automation in the insurance industry, coupled with its recent substantial investment, positions it as a noteworthy player in the finance, fintech, insurance, and insurtech sectors.

Taxonomy: Insurance technology, Financial automation, Payments solution, Insurance retail, Brokerage management, Financial insights, Treasury management, Premium financing, Operational efficiency, Billing automation

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Series A •••••• 10
Investor Investor Investor Investor
•••• ••••
27 Jan 2022
Debt Financing •••••• - 27 Jan 2022
Seed Round •••••• - 15 Sep 2021

Ascend Alternatives & Competitors

Ascend vs
Less Back Office
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Ascend vs
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FAQ About Ascend

The AI-driven finance automation platform for insurance retailers, intermediaries, and carriers.
Ascend was founded in 2021.
Ascend is headquartered in San Francisco, United States.
Ascend operates in the following industries: Finance, Fintech, Insurance, Insurtech.
Ascend has approximately 59 employees.
Ascend has completed 3 funding rounds, raising a total of $285.50M. The latest funding stage is Debt Financing.
Top alternatives and competitors to Ascend include Less Back Office, Kakbima, Invest Smart , Launchways, Ascend. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Ascend and Less Back Office are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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