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Ascent
Fintech · Chicago, United States · Founded 2015
Ascent provides a cloud-based platform that helps financial services firms to keep their businesses compliant MoreLess
Ascent Technologies provides AI-enabled compliance automation solutions tailored for financial services companies. The company's core offering is a regulatory lifecycle management platform that assists firms in navigating the complexities of regulatory changes.
The platform uses AI-driven automation to provide a streamlined and consolidated view of regulatory content through a feature known as "horizon scanning." This allows businesses to stay ahead of the curve by anticipating and preparing for upcoming regulatory shifts. It generates an up-to-date, digital register of a firm’s specific regulatory obligations, which helps in maintaining continuous compliance.
Ascent's business model is centered on providing its software as a service (SaaS) to clients in the financial sector, including banks, investment firms, and other financial institutions. By automating the traditionally manual and labor-intensive process of regulatory compliance, the company helps its clients enhance efficiency and reduce the risk of non-compliance. In January 2024, the company was acquired by Edgewater Equity Partners, a private equity firm.
Keywords: regulatory compliance, regtech, financial services, AI automation, compliance management, risk management, horizon scanning, regulatory change, SaaS, financial regulation
Company overview
Ascent company information
The essential company record, classifications and operating signals in one place.
- Status
- Acquired
- Founded
- 2015
- Headquarters
- Chicago, United States
- Employees
- 57
- Open positions
- None listed
- Dealroom signal
- 64.8
- Investment activity
- 1 companies · latest Feb 2024
- Capital deployed
- —
- Preferred round
- ACQUISITION
Valuation & funding
Ascent funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| BUYOUT✓Exit | Jan 2024 | $0 | — | Edgewater Equity Partners | ↗ |
| SERIES B✓Equity / VC | Nov 2019 | $19M | $77M | Drive Capital · ING Ventures | — |
| SERIES A✓Equity / VC | Mar 2018 | $6M | $24M | Randall Kroszner · Alsop Louie Partners · Steve Kaplan · Temerity Capital Partners | ↗ |
| ANGEL✓Equity / VC | Aug 2016 | $1.2M | $4.8M | Doug Monieson · Ryan Barr · Jim Gray · Dave Hoover | — |
| CONVERTIBLE✓Equity / VC | Aug 2015 | $250K | — | Undisclosed | — |
Financials
Workforce over time
Available workforce history. Financial fields without reported data are omitted.
| Year | Employees |
|---|---|
| 2026 | 56 |
| 2025 | 61 |
| 2024 | 55 |
| 2023 | 47 |
| 2022 | 50 |
| 2021 | 53 |
| 2020 | 51 |
Growth signals
Ascent website traffic
Latest recorded traffic for Ascent is 5.9K monthly website visits, up 15.7% over the last three months. Ascent's team declined 6.6% over the past year.
Comparisons
Ascent compared with similar companies
Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.
| Company | Headquarters | Status | Employees | Total funding | Valuation |
|---|---|---|---|---|---|
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Berlin, Germany | Operational | 164 | $117M | $210M |
 Reliant SolutionsConverged infrastructure solutions for retailers |
New York City, United States | Operational | |||
 GIEOMOffers a unique business visualization technology with Intelligent linking that monitors, controls and optimizes Operations while reducing risk |
Bengaluru, India | Acquired | |||
 DEMTECHFintech |
Cordoba, Argentina | Operational | |||
 Safefood 360Food safety management software |
Dublin, Ireland | Operational | |||
 ForesiteForesite has been the go-to provider of information security |
Birmingham, United States | Operational | |||
 Secure Digital Solutions (SDS)Leading consulting firm in the business of information security |
St. Louis, United States | Operational | |||
 Information NavigatorsISO and Security Compliance Consultants |
Troy, United States | Operational |
Capital deployed
Ascent investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Talent graph
Ascent's talent
Source: Dealroom Talent Intelligence.
Investors
17 investors on Ascent's cap table
Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.
Global footprint
Where Ascent has talent and traffic
team presence
In the news
Latest news about Ascent
Recent press, funding announcements, and product moves mentioning Ascent — open to read from the original sources.
Market sentiment
What the market is saying about Ascent
An AI-synthesized read of the highest-engagement posts about Ascent on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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