When was Ascend founded?

Ascend was founded in 2021 and raised its 1st funding round within a year of its incorporation.

Where is Ascend located?

Ascend is headquartered in Palo Alto, United States. It is registered at 955 Alma St. Suite C Palo Alto, CA 94301.

Who is the current CEO of Ascend?

Andrew Wynn and Praveen Chekuri s of Ascend. Andrew Wynn has also founded 1 company and is angel investors in 3 startups.

How many employees does Ascend have?

As of Jun 30, 2026, the latest employee count at Ascend is 107.

Is Ascend a funded company?

Ascend is a funded company, having raised a total of $39M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Sep 15, 2021.

When was the latest funding round of Ascend?

Ascend's latest funding was a $***** Conventional Debt round on Jan 28, 2022, with participation from 1 investor.

Where does Ascend rank among its competitors?

Ascend ranks 3rd amongst 16 active competitors, of which 8 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was ePayPolicy, which secured an undisclosed amount in Aug, 2025.

Who are the top competitors of Ascend?

Ascend's top competitors include One, Functional Finance and ePayPolicy. Among them, ePayPolicy secured the most recent funding round in August, 2025.

Ascend - 2026 Company Profile, Team, Funding & Competitors

Ascend is a series A company based in Palo Alto (United States), founded in 2021 by Andrew Wynn and Praveen Chekuri. It operates as a Provider of accounting automation platform for insurance retailers, intermediaries, and carriers. Ascend has raised $39M in funding from First Round Capital and Index Ventures. The company has 16 active competitors, including 8 funded and 1 that has exited. Its top competitors include companies like One, Functional Finance and ePayPolicy.

Company Details

Provider of accounting automation platform for insurance retailers, intermediaries, and carriers. The platform unifies insurance invoicing, payments, and accounting tasks. It offers solutions for agencies, wholesalers, MGAs, and carriers to streamline financial operations. The platform provides features such as invoicing, payments, installments, endorsements, premium financing, and commission remittance.

Website: www.useascend.com/
Social
Email ID: *****@useascend.com
Registered Address: 955 Alma St. Suite C Palo Alto, CA 94301

Key Metrics

Founded Year

2021

Location

Palo Alto, United States

Stage

Series A

Total Funding

$39M in 3 rounds

Latest Funding Round

Conventional Debt, Jan 28, 2022, $*****

Investors

First Round Capital & 32 more

Ranked

3^rd among 16 active competitors

Employee Count

107 as on Jun 30, 2026

Similar Companies

One & 21 more

View Ascend's full profile

Ascend is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SLASH EUREKA, INC. CIN: 861692699 , Belgium, Active	Jan 24, 2021	-	39 (As on Dec 31, 2024)	-

Ascend has raised a total funding of $39M over 3 rounds. Its first funding round was on Sep 15, 2021. Its latest funding round was a Conventional Debt round on Jan 28, 2022 for $*****. 1 investor participated in its latest round. Ascend has 13 institutional investors and 20 angel investors.

Here is the list of recent funding rounds of Ascend:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 28, 2022	8305224	Conventional Debt	6318716	9365629	1426447	7373338
Jan 27, 2022	2629986	Series A	4801863	5179848	6625741	Distributed Ventures & 15 more
Sep 15, 2021	1496163	Seed	2657103	8345180	First Round Capital	Susa Ventures & 14 more

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View details of Ascend's funding rounds and investors

The founders of Ascend are Andrew Wynn and Praveen Chekuri. Praveen Chekuri and Andrew Wynn are the CEOs of Ascend.

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

Andrew Wynn: Co-Founder & Co-CEO of Ascend and founder of 1 other company. They are also an angel investor in 3 startups.
Contact Info: 1 email address
Praveen Chekuri: Co-Founder & Co-CEO of Ascend.
Contact Info: 1 email address

View details of Ascend's Founder profiles and Board Members

Ascend's employee count trend

Ascend has 107 employees as of Jun 26. Here is Ascend's employee count trend over the years:

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Top competitors of Ascend include One, Functional Finance and ePayPolicy. Here is the list of Top 10 competitors of Ascend, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	One 2012, Folsom (United States), Series B	Provider of digital payment solutions for the insurance industry	$52.2M	AXA Venture Partners, Centana Growth Partners ... & 7 others	62/100
2nd	Functional Finance 2018, Benton (United States), Series A	Provider of a financial operations platform for insurance businesses	$28M	Walkabout Ventures, Altai Ventures & 3 others	59/100
3rd	Ascend 2021, Palo Alto (United States), Series A	Provider of accounting automation platform for insurance retailers, intermediaries, and carriers	$39M	Index Ventures, XYZ Venture Capital & 31 others	56/100
4th	ePayPolicy 2014, Austin (United States), Series A	Provider of digital payment solutions for the insurance industry	-	Serent Capital, LLR Partners	54/100
5th	InsurePay 2003, Fort Lauderdale (United States), Series B	Cloud-based payroll management solution for businesses	$5M	Aquiline Capital Partners, FINTOP & 1 others	53/100
6th	SCIO Health Analytics 2007, West Hartford (United States), Acquired	Provides payment integrity solutions for healthcare organizations	$17.9M	SVB, Sequoia Capital & 5 others	48/100
7th	VPay 1987, Plano (United States), Series C	Payment solutions provider for insurers	$76M	FTV Capital	41/100
8th	Simply Easier Payments 2006, Durham (United States), Seed	Payment solutions for insurance companies	$1.15M	-	31/100
9th	InsurPay 2011, Simi Valley (United States), Unfunded	Payment processing solutions	-	-	31/100
10th	SmartPay 2010, Southington (United States), Series A	Smarter insurance premium billing solutions for providers, agents, and policyholders	$1.4M	Connecticut Innovations, Stonehenge Capital ... & 1 others	28/100