When was Ascentis founded?

Ascentis was founded in 1984 and raised its 1st funding round 28 years after it was founded.

Where is Ascentis located?

Ascentis is headquartered in Eden Prairie, United States. It is registered at Eden Prairie, Minnesota.

How many employees does Ascentis have?

As of May 31, 2026, the latest employee count at Ascentis is 74.

Is Ascentis a funded company?

Ascentis is a funded company, having raised a total of $10.3M across 3 funding rounds to date. The company's 1st funding round was a $***** Series B round, raised on Oct 09, 2012.

When was the latest funding round of Ascentis?

Ascentis' latest funding was a $***** Series C round on Mar 21, 2017, with participation from 1 investor.

Where does Ascentis rank among its competitors?

Ascentis ranks 11th amongst 659 active competitors, of which 75 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Lumber, which secured $15.5M in Mar, 2025.

Who are the top competitors of Ascentis?

Ascentis' top competitors include Legion, UKG and Beeline. Among them, Lumber secured the most recent funding round in March, 2025.

Ascentis - 2026 Company Profile, Team, Funding & Competitors

Company Details

Workforce management and HR software. Its offerings Human Resources Management Software (HRIS/HRMS). It is integrated with Ascentis Payroll. Ascentis Payroll (formerly EBS On Line's InstaPay) is an on-demand (SaaS) payroll software system to process payroll. Talent management solutions, Performance Management and Time and Attendance provide the tools that assist companies in managing labour costs, employee scheduling, resource utilization and more. Ascentis Recruiting is a full-featured applicant tracking and recruiting software system. Ascentis Employee Self-Service (ESS), employees can enrol in benefits online, answer their own questions regarding dependents, leave amounts, paystub information, and more. ESS provides employees access to a wealth of information.

Website: ascentis.com
Social
Registered Address: Eden Prairie, Minnesota

Key Metrics

Founded Year

1984

Location

Eden Prairie, United States

Stage

Acquired

Total Funding

$10.3M in 3 rounds

Latest Funding Round

Series C, Mar 21, 2017, $*****

Investors

Catalyst Investors & 2 more

Ranked

11^th among 659 active competitors

Employee Count

74 as on May 31, 2026

Investment & Acquisitions

Integrated Time Systems & 4 more

Similar Companies

Legion & 844 more

Exit Details

Acquired by UKG (Mar 09, 2022)

View Ascentis' full profile

Ascentis is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ASCENTIS CORPORATION CIN: 911630801 , United States, Active	Dec 31, 1983	-	256 (As on Dec 31, 2021)	-

Ascentis got acquired by UKG on Mar 09, 2022.

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

Ascentis has raised a total funding of $10.3M over 3 rounds. Its first funding round was on Oct 09, 2012. Its latest funding round was a Series C round on Mar 21, 2017 for $*****. 1 investor participated in its latest round. Ascentis has 3 institutional investors.

Here is the list of recent funding rounds of Ascentis:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 21, 2017	1050220	Series C	4045183	3066566	8682672	3145871
Dec 24, 2014	4707999	Series C	9860553	2601516	7504091	1198169
Oct 09, 2012	1612278	Series B	6661762	3400042	2923849	9042690

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Ascentis' employee count trend

Ascentis has 74 employees as of May 26. Here is Ascentis's employee count trend over the years:

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Top competitors of Ascentis include Legion, UKG and Beeline. Here is the list of Top 10 competitors of Ascentis, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Legion 2016, San Francisco (United States), Series C	AI-based workforce management software solution	$195M	Riverwood Capital, Workday Ventures & 10 others	76/100
2nd	UKG 1977, Lowell (United States), Early Stage	Provider of human capital management, workforce management, and payroll solutions for businesses	$6.09M	Hellman & Friedman, Lead Edge Capital & 5 others	74/100
3rd	Beeline 1999, Jacksonville (United States), Acquired	Provider of extended workforce management platform and related solutions	$45M	Stone Point Capital, Churchill Asset Management ... & 1 others	73/100
4th	Deputy 2008, Atlanta (United States), Series B	Provider of workforce management platform for scheduling, HR, and compliance	$143M	OpenView, IVP & 4 others	71/100
5th	WorkForce Software 1999, Livonia (United States), Acquired	Provider of suite solutions for contingent workforce management	$188M	Insight Partners, Turmeric Capital & 4 others	70/100
6th	Assembled San Francisco (United States), Series B	Developer of workforce management portal	$70.7M	Emergence Capital, Stripe & 9 others	69/100
7th	Shiftsmart 2015, New York City (United States), Series B	Application based platform offering employee scheduling solution	$117M	D1 Capital Partners, SoftBank Capital & 6 others	66/100
8th	Nowsta 2015, Brooklyn (United States), Series C	Web based Mobile workforce management software	$93M	GreatPoint Ventures, VMG Partners & 11 others	64/100
9th	Indeavor 1996, Madison (United States), Early Stage	Platform offering workforce management software solutions	$590K	-	64/100
10th	Lumber 2023, California City (United States), Series A	Developer of software solutions for managing construction workforce and payroll	$21M	Foundation Capital, Carbide Ventures & 12 others	64/100
11th	Ascentis 1984, Eden Prairie (United States), Acquired	Workforce management and HR software	$10.3M	Summit Partners, Catalyst Investors & 1 others	62/100

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Ascentis has not made any investments yet. Ascentis has made 5 acquisitions.

Here is the list of latest three $acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Mar 29, 2019	Acquisition	Integrated Time Systems	1936	Milwaukee (United States)
Dec 12, 2018	Acquisition	Cincinnati Time Systems	1896	Farmington Hills (United States)
Dec 11, 2018	Acquisition	Cincinnati Time Systems	1995	West Chester (United States)