NEWCaplight raises a $16M Series A, led by BlackRock and Fin Capital →
Caplight Logo









Ascend

Ascend

Private
San Francisco, CaliforniaFinTechwww.useascend.com

Last Round

Debt

Jan 27, 2022

Total Funding Raised

$285.5M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

Ascend (Financial Software) is a fintech company that provides an automated insurance payments platform, streamlining financing, collections, and payables to enhance the online checkout experience for clients and boost their business growth.

Sector

FinTech

Verticals

InsurTech, Vertical SaaS, Digital Payments, BNPL, Workflow Automation

Business Model

B2B2C

Customer Profile

Payment Processing Fee, Freemium, Subscription SaaS

AI Layer

Application

Keywords

insurance payments platformpremium financinginsurance BNPLinsurance payment processingfinancial operations automationcarrier payablescommission reconciliationembedded financingInsurTech paymentsinsurance AR/AP automationAMS integrationdirect bill automationagency bill automationinsurance checkoutMGA billing automationPAS integration

Historical Pricing

Historical view of private secondary pricing and transaction trends.

Unlock Pricing Charts

Sign up to view complete historical pricing and secondary transactions.

Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

View Momentum History

Track how buyer interest and sentiment changes over time.

Ascend Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

View Full Comps Set

Access detailed peer comparisons, multiples, and valuation benchmarks.

Ascend Funding Rounds

Historical fundraising activity

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

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.

  • Mar 3, 2026

    Designated as the Accounting Automation Partner for CAA's nationwide network.

  • Jan 11, 2026

    Plans to more than double workforce from 70 to over 150 employees.

Ascend Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation

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 Range90
Year Founded2021
Last FundingJan 27, 2022

Institutional Data Access

Join leading institutional investors using Caplight to access private market data, discover pricing, and execute secondary block trades.

Requires verified institutional or accredited status.







Disclaimer All investments involve risk, including the risk of loss of principal. You should carefully consider your investment objectives, risks, transaction costs and other expenses before deciding to invest in options, swaps or other investments.This does not constitute an offer by Caplight Technologies, Inc. to sell, or a solicitation of an offer to buy, any securities and may not be used or relied upon in connection with any offer or sale of securities. An offer or solicitation can be made only through the delivery of final offering document(s) and purchase agreement(s), and will be subject to the terms and conditions and risks delivered in such documents. Any securities offered are offered through Caplight Markets LLC, member FINRA/SIPC.