- 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
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Funding History
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Jan 2022
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Seed through Series A — per-round amounts, valuations, and who invested in each round.
Investors
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