Ascend
SeedβSeries B Β· 3 people tracked
Also known as Ascend Capital Llc
Investment thesis
Ascend is a financial operations platform built specifically for the insurance industry, combining AI-powered accounting automation, payments, and premium financing in a vertically integrated solution.
Source: firm website, verified Jul 30, 2026.
Team Β· 3 people
from the firm's websiteWhat they invest in
from 1 of 1 portfolio companiesAI & Machine Learning Γ1Enterprise Software Γ1GovTech Γ1
HQs:United StatesΓ1
Investments Β· 1 tracked
founders shown can be your intro pathKamiwaza is a secure AI orchestration platform that enables AI operations across distributed environments in regulated industries and government without moving data or weakening security controls.
AI & Machine LearningEnterprise SoftwareGovTechSilverthorne, US
Matthew Wallace(Executive Officer, Director)Luke Matthew Norris(Executive Officer, Director)
Fund performance Β· per public LP disclosures
as of Sep 2025| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| Ascend Fund IILPs: Teachers' Retirement System of Oklahoma | 2023 | β | β | 1.03x | 0.00x |
Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).
Frequently asked questions
- What stage does Ascend invest at?
- Ascend invests at the Seed, Series B stages.
- What sectors does Ascend focus on?
- Ascend focuses on AI & Machine Learning, Fintech, InsurTech, SaaS.
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