When was Ascen founded?

Ascen was founded in 2018 and raised its 1st funding round 1 year after it was founded.

Where is Ascen located?

Ascen is headquartered in Boston, United States.

Who is the current CEO of Ascen?

Francis Larson of Ascen. They have also founded 1 company.

How many employees does Ascen have?

As of Oct 31, 2026, the latest employee count at Ascen is 51.

Is Ascen a funded company?

Ascen is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Mar 19, 2019.

How much is Ascen worth?

The last known valuation of Ascen was $***** as of Mar 19, 2019.

When was the latest funding round of Ascen?

Ascen's latest funding was a $***** Seed round on Mar 19, 2019, with participation from 1 investor.

Where does Ascen rank among its competitors?

Ascen ranks 141st amongst 2835 active competitors, of which 132 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Darwinbox, which secured an undisclosed amount in Sep, 2026.

Who are the top competitors of Ascen?

Ascen's top competitors include Workday, Factorial and Kronos. Among them, Darwinbox secured the most recent funding round in September, 2026.

Ascen - 2026 Company Profile, Team, Funding & Competitors

Company Details

Online HRMS portal for temporary workforce. It provides payroll, finance, and compliance solutions. The compliance solutions are updated for each states in USA. It can be integrated with legacy systems using API. It prices the software as a percentage of payrolls processed.

Website: www.ascen.com/
Email ID: *****@ascen.com

Key Metrics

Founded Year

2018

Location

Boston, United States

Stage

Acquired

Total Funding

$150K in 1 round

Latest Funding Round

Seed, Mar 19, 2019, $*****

Last Known Valuation

$***** as on Mar 19, 2019

Investors

Y Combinator & 2 more

Ranked

141^st among 2835 active competitors

Employee Count

51 as on Oct 31, 2026

Similar Companies

Workday & 3296 more

Exit Details

Acquired by Upwork (Aug 06, 2025)

View Ascen's full profile

Ascen got acquired by Upwork on Aug 06, 2025.

Click here to take a look at Ascen's acquisition in detail

Ascen has raised a total funding of $150K over 1 round. Its latest funding round was a Seed round on Mar 19, 2019 for $*****. 1 investor participated in its latest round. Ascen has 3 institutional investors.

Here is the list of recent funding rounds of Ascen:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 19, 2019	3422585	Seed	9206473	9639084	9194081	1877863

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View details of Ascen's funding rounds and investors

The founders of Ascen is Francis Larson. Francis Larson is the CEO of Ascen.

Here are the details of Ascen's key team members:

Francis Larson: Founder & CEO of Ascen.
Contact Info: 1 email address

View details of Ascen's Founder profiles and Board Members

Ascen's employee count trend

Ascen has 51 employees as of Oct 26. Here is Ascen's employee count trend over the years:

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Top competitors of Ascen include Workday, Factorial and Kronos. Here is the list of Top 10 competitors of Ascen, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Workday 2005, Pleasanton (United States), Public	Developer of cloud software for human resources finance and operations	$352M	Greylock Partners, T. Rowe Price & 12 others	88/100
2nd	Factorial 2016, Barcelona (Spain), Series D	Provider of business management software for human resources and finance	$369M	Atomico, Tiger Global Management & 10 others	82/100
3rd	Kronos 1977, Lowell (United States), Acquired	Provider of HCM software solutions for enterprises	$855M	GIC, Blackstone & 3 others	81/100
4th	GreytHR 1994, Bengaluru (India), Acquired	Provider of cloud based human resource management system and payroll software.	$47.4M	New Enterprise Associates, Info Edge & 14 others	79/100
5th	PeopleStrong 2005, Gurugram (India), Acquired	Provider of human capital management platform offering integrated HR solutions	$30.7M	West Street AEP I Offshore Aggregator, HDFC Bank ... & 41 others	78/100
6th	Dayforce 2008, Toronto (Canada), Acquired	Developer of human capital management software providing HR and talent solutions	$30M	Bridgescale, Ceridian & 2 others	77/100
7th	Paychex 1971, New York City (United States), Public	Cloud-based platform for HRMS suite solutions	-	American Century, SEB & 5 others	75/100
8th	Bob 2015, London (United Kingdom), Series E	Provider of integrated software for managing workforce payroll and finance	$740M	General Atlantic, Bessemer Venture Partners ... & 24 others	75/100
9th	Darwinbox 2015, San Francisco (United States), Series D	Developer of human capital management software with AI capabilities	$144M	Peak XV Partners, TCV & 55 others	75/100
10th	SuccessFactors 2001, San Francisco (United States), Acquired	AI-powered human capital management solutions for workforce success and organizational agility	$79.8M	Notable Capital, Emergence Capital & 9 others	73/100
141st	Ascen 2018, Boston (United States), Acquired	Online HRMS portal for temporary workforce	$150K	Actions Capital, Y Combinator & 1 others	45/100