Ascentive, LLC
Providing software to help improve the performance of pcs and android devices
About Ascentive, LLC
Founded in 1998 by Adam Schran, Ascentive, LLC operates in the business and productivity software market, specializing in Windows utility and monitoring software. The Philadelphia-based company was established by Schran at the age of 22, reportedly with his younger brother who was 11 at the time. The firm’s product suite is designed to optimize, clean, and accelerate personal computers for consumers.
Ascentive’s primary offerings include software like FinallyFast, Registry Cleaner, and Anti-Malware tools. The company’s business model centers on providing complimentary downloads of trial products that perform diagnostic scans on a user's computer. These scans are designed to detect performance issues, security risks, and unnecessary files. Following the diagnosis, the software then prompts the user to purchase the full version to resolve the identified problems. This approach has been characterized by some as 'scareware', leading to legal scrutiny and settlements over its advertising and billing practices.
The company also developed BeAware, a workplace activity monitoring software initially created for parents to monitor children's internet use. This tool tracks user activity, including websites visited, applications used, emails, and chat sessions, and can send alerts based on specific keywords or activities. Ascentive’s products are marketed through various websites, including finallyfast.com. Despite controversies, the company grew significantly, reportedly reaching a valuation of $21 million.
Source: Dealroom company dataAt a glance
- Founded
- 1998
- Headquarters
- Philadelphia, United States
- Sector
- Cybersecurity
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