# Ascent funding: rounds and investors

> Ascent has raised $25M across 2 rounds since 2018. Investors include Drive Capital, Dreamit Ventures and Wells Fargo. Every round with its source.

Source: https://millionrounds.com/company/ascent (Millionrounds; every figure on the page links to its filing or article)

United States · [Series B startup](https://millionrounds.com/companies)

# Who invested in *Ascent*

2 rounds we have observed, with the 11 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.

Regtech

Funding summary Updated 26 Oct 2026

**$25M** raised across 2 rounds since 2018, from 4 sources

**$6.0M** Series A **$19M** Series B

- **Latest round:** Series B, $19M Nov 2019
- **Led by:** Drive Capital
- **Step-up i:** 3.2×
- **Investors:** 11 (1 led)

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.

2019

**$6.0M** Series A

**$19M** Series B

- **First round:** Series A, $6.0M
- **Biggest round:** $19M
- **Between rounds:** 20 months

## The rounds

- **Nov 2019** Series B **$19M** *6 new* [Drive Capital](https://millionrounds.com/fund/drive-capital) Lead [Dreamit Ventures](https://millionrounds.com/fund/dreamit-ventures) [Wells Fargo](https://millionrounds.com/fund/wells-fargo-bank-office) [Alsop Louie Partners](https://millionrounds.com/fund/alsop-louie) [ING Group](https://millionrounds.com/fund/ing-group) [The University of Chicago](https://millionrounds.com/fund/the-university-of-chicago) Reported by Fintech and 2 others SEC filing: $15M sold, first sale Oct 2019
- **Mar 2018** Series A **$6.0M** *5 new* [Innovation](https://millionrounds.com/fund/innovation) [Temerity Capital Partners](https://millionrounds.com/fund/temerity-capital-partners) [Steve Kaplan](https://millionrounds.com/fund/steve-kaplan) Alsop Louie Partners/ Randall Kroszner Doug Monieson Reported by FinSMEs SEC filing: $6.0M sold, first sale Feb 2018

## 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.

**Series A** 2018 **Series B** 2019 [Drive Capital](https://millionrounds.com/fund/drive-capital) L [Dreamit Ventures](https://millionrounds.com/fund/dreamit-ventures) [Wells Fargo](https://millionrounds.com/fund/wells-fargo-bank-office) [Alsop Louie Partners](https://millionrounds.com/fund/alsop-louie) [ING Group](https://millionrounds.com/fund/ing-group) [Innovation](https://millionrounds.com/fund/innovation) [Temerity Capital Partners](https://millionrounds.com/fund/temerity-capital-partners) [The University of Chicago](https://millionrounds.com/fund/the-university-of-chicago) [Steve Kaplan](https://millionrounds.com/fund/steve-kaplan) Alsop Louie Partners/ Randall Kroszner

## Everyone who backed them

[Drive Capital](https://millionrounds.com/fund/drive-capital) VC firm **1** round, led 1

[Dreamit Ventures](https://millionrounds.com/fund/dreamit-ventures) VC firm **1** round

[Wells Fargo](https://millionrounds.com/fund/wells-fargo-bank-office) Corporate VC **1** round

[Alsop Louie Partners](https://millionrounds.com/fund/alsop-louie) VC firm **1** round

[ING Group](https://millionrounds.com/fund/ing-group) Growth equity **1** round

[Innovation](https://millionrounds.com/fund/innovation) Incubator **1** round

[Temerity Capital Partners](https://millionrounds.com/fund/temerity-capital-partners) Family office **1** round

[The University of Chicago](https://millionrounds.com/fund/the-university-of-chicago) Institutional LP **1** round

[Steve Kaplan](https://millionrounds.com/fund/steve-kaplan) Angel **1** round

Alsop Louie Partners/ Randall Kroszner no record of our own yet **1** round

Doug Monieson no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=ascent).

## Quick answers about Ascent

### Who invested in Ascent?

Ascent's investors include Drive Capital, Dreamit Ventures, Wells Fargo, Alsop Louie Partners and ING Group, and 6 more on record. Drive Capital led its latest round.

### How much has Ascent raised?

Ascent has raised $25M across 2 rounds since 2018.

### When did Ascent last raise?

Ascent's most recent round was a Series B of $19M in Nov 2019, led by Drive Capital.

### What was Ascent's biggest round?

Its most recent round, $19M in Nov 2019, is also its largest on record.

### Who backed Ascent first?

Ascent's first round on record, in Mar 2018, was backed by Innovation, Temerity Capital Partners and Steve Kaplan and 2 others.

### What stage is Ascent at?

Ascent's latest named round is a Series B, in Nov 2019.

### Where is Ascent based?

Ascent is based in the United States.

### Who led Ascent's rounds?

Drive Capital led the Series B in 2019.

## Companies like Ascent

In the same sector, and raised in the last eighteen months.

[**MURAL** $67M · Oct 2026](https://millionrounds.com/company/mural)[**Brellium** $40M · Oct 2026](https://millionrounds.com/company/brellium)[**Frame** $8.8M · Sept 2026](https://millionrounds.com/company/frame)[**Gaia Dynamics** $8.5M · Sept 2026](https://millionrounds.com/company/gaia-dynamics)[**Blee** $21M · Sept 2026](https://millionrounds.com/company/blee)[**Blaze.tech** $12M · Aug 2026](https://millionrounds.com/company/blaze-tech)

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