- Headquarters
- San Francisco, California
- Employees
- 51–200
- Founded
- 2021
- Business Model
- B2B
- Website
- useascend.com
- Total Funding
- $35.5M
- Last Round
- $30.0M Series AJan 2022
- Rounds
- 2
About
Ascend is a comprehensive financial automation platform purpose-built for the insurance industry, serving agencies, MGAs, wholesalers, and carriers. The platform automates the full insurance financial lifecycle — from online invoicing and premium financing to carrier payables, commission remittance, and reconciliation — replacing manual, email-based workflows with a unified system. In 2024, Ascend crossed $1 billion in annual premium processed and served more than 13,000 U.S. insurance businesses. Founded in 2021, the company is backed by leading investors and has grown 200%+ year-over-year.
Summary
Ascend is an Insurtech company based in San Francisco, United States, founded in 2021. It has raised $35.5M in total across 2 rounds, most recently a $30.0M Series A round in Jan 2022. Investors include Index Ventures and First Round Capital.
Tech & App Stack
19 technologies & apps tracked
Create a free account — 10 credits a month to unlock the full tech & app stack, funding history, and valuations.
Sign up to view the funding chart
Create a free account — you'll get 10 credits a month to unlock funding history, valuations, and tech stacks.
Funding History
Jan 2022
Sign up to see all 2 rounds
Full funding history, per-round amounts, and investor participation.
Investors
Similar Companies
Global fintech company operating Alipay and providing digital payment, wealth management, insuran...
Indian fintech super‑app offering digital payments, merchant tools, and financial services to con...
Klarna is a global e-commerce payment platform.
Ramp provides spend management, corporate cards and accounts payable solutions for businesses.
Economic infrastructure for the internet.
Affirm is a next-generation consumer finance company providing shoppers with instant point-of-sal...