# Ascend funding: rounds and investors > Ascend has raised $257M across 2 rounds since 2022. Investors include Index Ventures, First Round Capital and BoxGroup. Every round with its source. Source: https://millionrounds.com/company/ascend (Millionrounds; every figure on the page links to its filing or article) United States · [Series B startup](https://millionrounds.com/companies) # Who invested in *Ascend* 2 rounds we have observed, with the 12 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. Financial Services Raised 12 months ago Funding summary Updated 26 Oct 2026 **$257M** raised across 2 rounds since 2022, from 2 sources **$250M** Debt **$7.1M** Series B - **Latest round:** Series B, $7.1M Nov 2025 - **Biggest round:** $250M Debt · Jan 2022 - **Investors:** 12 See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2022 2023 2024 2025 **$250M** Debt **$7.1M** Series B - **First round:** Debt, $250M - **Biggest round:** $250M - **Between rounds:** 3.8 years [**Ascend** Advice 1 / 12 Their pitch deck **Ascend's pitch deck, 12 slides** Each slide read for what it argues, against the decks that raised at the same stage.](https://millionrounds.com/decks/ascend) ## The rounds - **Nov 2025** Series B **$7.1M** *5 new* [Mitsubishi UFJ Capital](https://millionrounds.com/fund/mitsubishi-ufj-capital-co-ltd) [Samurai Incubate](https://millionrounds.com/fund/samurai-incubate-inc) [Globis Capital Partners](https://millionrounds.com/fund/globis-capital-partners) [Mercuri VC](https://millionrounds.com/fund/mercuri) [Aozora Corporate Investment](https://millionrounds.com/fund/aozora-corporate-investment) Source recorded - **Jan 2022** Debt **$250M** *7 new* [Index Ventures](https://millionrounds.com/fund/index-ventures) [First Round Capital](https://millionrounds.com/fund/first-round-capital) [BoxGroup](https://millionrounds.com/fund/boxgroup) [FirstMark](https://millionrounds.com/fund/firstmark) [Z Venture Capital](https://millionrounds.com/fund/z-venture-capital) [South Park Commons](https://millionrounds.com/fund/south-park-commons) [XYZ Venture Capital](https://millionrounds.com/fund/xyz-venture-capital) Source recorded ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Debt** 2022 **Series B** 2025 [Index Ventures](https://millionrounds.com/fund/index-ventures) [First Round Capital](https://millionrounds.com/fund/first-round-capital) [BoxGroup](https://millionrounds.com/fund/boxgroup) [Mitsubishi UFJ Capital](https://millionrounds.com/fund/mitsubishi-ufj-capital-co-ltd) [FirstMark](https://millionrounds.com/fund/firstmark) [Z Venture Capital](https://millionrounds.com/fund/z-venture-capital) [South Park Commons](https://millionrounds.com/fund/south-park-commons) [XYZ Venture Capital](https://millionrounds.com/fund/xyz-venture-capital) [Samurai Incubate](https://millionrounds.com/fund/samurai-incubate-inc) [Globis Capital Partners](https://millionrounds.com/fund/globis-capital-partners) ## Everyone who backed them [Index Ventures](https://millionrounds.com/fund/index-ventures) VC firm **1** round [First Round Capital](https://millionrounds.com/fund/first-round-capital) VC firm **1** round [BoxGroup](https://millionrounds.com/fund/boxgroup) VC firm **1** round [Mitsubishi UFJ Capital](https://millionrounds.com/fund/mitsubishi-ufj-capital-co-ltd) VC firm **1** round [FirstMark](https://millionrounds.com/fund/firstmark) VC firm **1** round [Z Venture Capital](https://millionrounds.com/fund/z-venture-capital) Corporate VC **1** round [South Park Commons](https://millionrounds.com/fund/south-park-commons) Accelerator **1** round [XYZ Venture Capital](https://millionrounds.com/fund/xyz-venture-capital) VC firm **1** round [Samurai Incubate](https://millionrounds.com/fund/samurai-incubate-inc) VC firm **1** round [Globis Capital Partners](https://millionrounds.com/fund/globis-capital-partners) VC firm **1** round [Mercuri VC](https://millionrounds.com/fund/mercuri) VC firm **1** round [Aozora Corporate Investment](https://millionrounds.com/fund/aozora-corporate-investment) Private equity **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=ascend). ## Quick answers about Ascend ### Who invested in Ascend? Ascend's investors include Index Ventures, First Round Capital, BoxGroup, Mitsubishi UFJ Capital and FirstMark, and 7 more on record. ### How much has Ascend raised? Ascend has raised $257M across 2 rounds since 2022. ### When did Ascend last raise? Ascend's most recent round was a Series B of $7.1M in Nov 2025. ### What was Ascend's biggest round? Ascend's largest round on record is $250M (Debt), in Jan 2022. ### Who backed Ascend first? Ascend's first round on record, in Jan 2022, was backed by Index Ventures, First Round Capital and BoxGroup and 4 others. ### What stage is Ascend at? Ascend's latest named round is a Series B, in Nov 2025. ### Where is Ascend based? Ascend is based in the United States. ## Companies like Ascend In the same sector, and raised in the last eighteen months. [**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**CapitalOS** $52M · Oct 2026](https://millionrounds.com/company/capitalos)[**Platform Accounting Group** $355M · Oct 2026](https://millionrounds.com/company/platform-accounting-group)[**Ramp** $4.5B · Oct 2026](https://millionrounds.com/company/ramp) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app