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Ascend

Ascend

Private
San Francisco, CaliforniaFinTechhttps://www.useascend.com/

Last Round

Debt

Jan 27, 2022

Total Funding Raised

$285.5M

Momentum

Top 5%

of companies Caplight tracks

Company Overview

Ascend is a fintech company that provides an automated insurance payments and financial operations platform, streamlining financing, collections, and payables for insurance agencies, wholesalers, and carriers.

Sector

FinTech

Verticals

InsurTech, Digital Payments, Lending & Credit, Workflow Automation, Vertical SaaS

Business Model

B2B

Customer Profile

Revenue Share, Payment Processing Fee, Subscription SaaS

AI Layer

Application

Keywords

insurance billingpremium financinginsurtechinsurance paymentsvertical SaaSbilling automationfintech platformpayment processinginsurance operationsworkflow automationembedded financeMGA billinginsurance infrastructureautomated invoicingpayment orchestration

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Track how buyer interest and sentiment changes over time.

Ascend Comparables

Compare Ascend with similar companies based on industry and business-model similarity.

Ascend comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
ePayPolicy
83%
Functional Finance
81%
AndDone
81%

Ascend Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
DebtJan 27, 2022
Series AJan 27, 2022
SeedSep 15, 2021

Key People

Founding team and executive leadership

Andrew Wynn

Co-Founder Co-CEO

Founding Team

Praveen Chekuri

Co-founder Co-CEO

Founding Team

Daniel Johnson

Chief Financial Officer

Executive Team

Ascend Investors

Notable investors and investment history

Ascend investors
InvestorRounds
XYZ Venture CapitalSeries A
South Park CommonsSeed, Series A
FirstMark CapitalSeed, Series A
Distributed VenturesSeries A
Restive VenturesSeed
NFPSeries A
First Round CapitalSeries A, Seed

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 1, 2026

    Trusted by over 4,000 businesses, including half of the top 50 US brokers.

  • Apr 1, 2026

    Reported over 200% year-over-year growth.

Ascend Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Ascend Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Ascend's valuation, stock price, and market status.

Firmographic Details

HeadquartersSan Francisco, California
Employee Range107
Year Founded2021
Last FundingJan 27, 2022

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