Tech Company Financing Transactions

ascend Funding Round

First Round Capital, Box and FirstMark Capital joined a $5.5 million Seed funding round for ascend. The round closed on 5/19/2021.

Transaction Overview

Company Name
Announced On
5/19/2021
Transaction Type
Venture Equity
Amount
$5,500,000
Round
Seed
Investors

First Round Capital (Lead Investor) (William Trenchard)

Box

FirstMark Capital

private investors (Benjamin Rubin)

private investors (Brandon Leonardo)

private investors (Chad Nitschke)

private investors (Gordon Wintrob)

private investors (Joshua Motta)

private investors (Max Bruner)

private investors (Max Mullen)

private investors (Paul VanderMarck)

private investors (Phillip Naples)

private investors (Sam Hodges)

private investors (Spike Lipkin)

private investors (Tanner Hackett)

Susa Ventures

Proceeds Purpose
He intends to deploy the new funds into product development, go-to-market initiatives and new hires for its locations in New York and Palo Alto.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
955 Alma St. C
Palo Alto, CA 94301
USA
Phone
Undisclosed
Email Address
Overview
We built Ascend to help you make it easier for people to protect the things they care about. We're a team of insurtech and technology experts who have experienced the challenges of the insurance industry's existing financial infrastructure first-hand.
Profile
ascend LinkedIn Company Profile
Social Media
ascend Company Twitter Account
Company News
ascend News
Facebook
ascend on Facebook
YouTube
ascend on YouTube

Management Team

Title
Name
Email & Social
Co-Founder
Praveen Chekuri
  Praveen Chekuri LinkedIn Profile  Praveen Chekuri Twitter Account  Praveen Chekuri News  Praveen Chekuri on Facebook
Co-Founder
Andrew Wynn
  Andrew Wynn LinkedIn Profile  Andrew Wynn Twitter Account  Andrew Wynn News  Andrew Wynn on Facebook


 

 

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Where The Data Comes From

We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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