Ascent Technologies, Inc.
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Ascent Technologies, Inc. - overview
Established
2015
Location
Chicago, IL, US
Primary Industry
Software
About
Based in Illinois, US, and founded in 2015 by co-founders Deepak Jayanti, Aaron Droba, Joshua Krall, Brian Clark JD, and Shrey Gosalia, Ascent Technologies, Inc. operates as a provider of a regulatory lifecycle management platform, offering horizon scanning and regulatory mapping solutions to legal, risk, and compliance teams in the financial services industry. In February 2024, Ascent Technologies, Inc. , a portfolio company of Edgewater Equity Partners, acquired Waymark Tech Ltd.
As of 2024, the company is led by its CEO, Christopher Junker. The company provides a regulatory lifecycle management platform that offers automated compliance solutions to the financial services, mortgage lenders, fintech, and professional services sectors. The platform services include horizon scanning and regulatory obligation inventory. Moreover, the firm offers solutions such as AscentHorizon for global regulatory monitoring and AscentFocus for regulatory mapping.
Additionally, the company also provides services such as scenario planning, audit trailing, and policy and control mapping.
Current Investors
Alsop Louie Partners, Temerity Capital Partners
Primary Industry
Software
Sub Industries
Web Applications, Analytics & Performance Software, Legal Software, Systems Management Software
Website
www.ascentregtech.com/
Verticals
Artificial Intelligence, Cloud Computing, FinTech, RegTech
Company Stage
Mature
Total Amount Raised
Subscriber access only
Ascent Technologies, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Waymark Tech Ltd. | - |
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