When was Ascent founded?

Ascent was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Where is Ascent located?

Ascent is headquartered in Chicago, United States. It is registered at ascent technologies inc 820 Caspian Ct. E, #200, Monument, CO 80132-2844, US.

How many employees does Ascent have?

As of Dec 31, 2024, the latest employee count at Ascent is 4.

Is Ascent a funded company?

Ascent is a funded company, having raised a total of $26.7M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Sep 01, 2016.

When was the latest funding round of Ascent?

Ascent's latest funding was a $***** Series B round on Nov 04, 2019, with participation from 5 investors. Its primary sector is RegTech. In United States, the RegTech sector has seen $233M in funding in 2026 to date.

Where does Ascent rank among its competitors?

Ascent ranks 58th amongst 300 active competitors, of which 65 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Chainalysis, which secured an undisclosed amount in Oct, 2025.

Who are the top competitors of Ascent?

Ascent's top competitors include PayPal, Oracle and Broadcom. Among them, Chainalysis secured the most recent funding round in October, 2025.

Ascent - 2026 Company Profile, Team, Funding & Competitors

Company Details

Ascent provides a cloud-based platform to track and automate regulatory compliance programs to the financial institutions. The product Ascent leverages a proprietary AI and automation technology to convert the rules and documents of a regulatory body into units of intelligence. Features include automated conversion of regulatory compliance into regulatory obligations checklists, compliance & procedure manual documentation, regulatory change tracking, and centralized management. The full platform comprises of selected compliance channels viz. CFTC, CME, CBOT, NYMEX, CBOE, ICE, GIPS, NFA, SEC, and FINRA. Pricing is based on the number of users and the selected channels. As of Jan 2018, the company is developing a lite version of the platform with limited functionalities.

Website: ascentregtech.com
Social
Email ID: *****@ascentregtech.com
Registered Address: ascent technologies inc 820 Caspian Ct. E, #200, Monument, CO 80132-2844, US

Key Metrics

Founded Year

2015

Location

Chicago, United States

Stage

Acquired

Total Funding

$26.7M in 3 rounds

Latest Funding Round

Series B, Nov 04, 2019, $*****

Investors

Alsop Louie Partners & 8 more

Ranked

58^th among 300 active competitors

Employee Count

4 as on Dec 31, 2024

Investment & Acquisitions

WaymarkTech

Similar Companies

PayPal & 640 more

Exit Details

Acquired by Edgewater Capital (Jan 18, 2024)

View Ascent's full profile

Ascent is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Ascent Technologies, Inc. CIN: 20051124348 , United States, Active	Mar 23, 2005	-	4 (As on Dec 31, 2024)	-

Ascent got acquired by Edgewater Capital on Jan 18, 2024.

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

Ascent has raised a total funding of $26.7M over 3 rounds. Its first funding round was on Sep 01, 2016. Its latest funding round was a Series B round on Nov 04, 2019 for $*****. 5 investors participated in its latest round. Ascent has 7 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Ascent:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 04, 2019	9112441	Series B	7377709	9595560	8289988	5168402
Mar 01, 2018	9769572	Series A	9902721	9732920	2703741	Randall Kroszner & 3 more
Sep 01, 2016	6842931	Seed	3747817	3710708	7933128	6435940

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View details of Ascent's funding rounds and investors

The founders of Ascent is Brian Clark.

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

Brian Clark: Founder of Ascent.
Contact Info: 1 email address

Ascent's Board of Directors

Ascent's board has 8 active members. Paul Wood, Brian Clark, Jim Gray, Mark Fields, Andy Jenks, Brian T. Clark, BRIAN T CLARK and Aaron Droba are independent board members.

Here is the list of Ascent's board of directors:

Name	Type	Representing	Status	Duration
Paul Wood	Independent board member	-	Current	8y 0m
gyaetfw	Independent board member	-	Current	7y 2m
pzqvqzg	Independent board member	-	Current	3y 2m
qlvsslj	Independent board member	-	Current	7y 1m
hqjgefh	Independent board member	-	Current	1y 2m
drlpeuo	Independent board member	-	Current	4y 8m
hovzmyy	Independent board member	-	Current	5y 4m
prcmxqt	Independent board member	-	Current	3y 9m

View details of Ascent's Founder profiles and Board Members

Ascent's employee count trend

Ascent has 4 employees as of Dec 24. The total employee count is the same as what it was in Dec 23. Here is Ascent's employee count trend over the years:

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Top competitors of Ascent include PayPal, Oracle and Broadcom. Here is the list of Top 10 competitors of Ascent, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	PayPal 1998, United States, Public	Provider of online payment solutions, money transfers, and virtual wallets	$216M	MDP, ING & 27 others	87/100
2nd	Oracle 1977, Austin (United States), Public	Hybrid cloud infrastructure platform	-	Europa, EGI Booster & 32 others	83/100
3rd	Broadcom 1991, California (United States), Public	Platform offering data center fiber optic networks	-	Spark Legacy, Kelvin Capital & 26 others	79/100
4th	TrustArc 1997, Walnut Creek (United States), Acquired	Cloud-based data privacy and compliance solutions for businesses	$107M	Baseline Ventures, Bregal Sagemount & 9 others	78/100
5th	Chainalysis 2014, New York City (United States), Series F	Blockchain data platform providing crypto insights	$538M	Benchmark, GIC & 44 others	77/100
6th	Jumio 2010, Sunnyvale (United States), Acquired	Provider of AI-powered identity verification solutions	$196M	Millennium Technology Value Partners, Great Hill Partners ... & 10 others	77/100
7th	Alteryx 1997, Irvine (United States), Acquired	Cloud based suite of data analytics solutions	$163M	Insight Partners, Sapphire Ventures & 12 others	77/100
8th	Symphony 2014, New York City (United States), Series E	Compliance management solutions for financial institutions	$461M	Societe Generale, Barclays & 38 others	76/100
9th	IDnow 2010, Munich (Germany), Acquired	Provider of automated and expert-led identity verification and digital trust services	$40M	Seventure Partners, BayBG Venture Capital ... & 40 others	75/100
10th	Fireblocks 2018, New York (United States), Series E	Provider of an online platform for crypto custody, payments, tokenization, and wallet-as-a-service	$1.04B	Stripes, Spark Capital & 37 others	72/100
58th	Ascent 2015, Chicago (United States), Acquired	Cloud-based platform to track and automate financial regulatory compliance	$26.7M	Alsop Louie Partners, ING Ventures & 7 others	52/100