# Ascent Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ascent-technologies

- Industry: Software
- Headquarters: Chicago, US
- Website: www.ascentregtech.com/
- Total disclosed funding: $25M
- Latest round: Series B (Nov 4, 2019)
- Investors on record: 6

## 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.

## Funding rounds

- Series B, Nov 4, 2019, $19M — Wells Fargo Bank, Alsop Louie Partners, Drive Capital, ING Ventures, The University of Chicago
- Series A, Mar 1, 2018, $6M — Alsop Louie Partners, Temerity Capital Partners

## Investors

- Alsop Louie Partners (https://capitalatlas.ai/funds/alsop-louie-partners) — Series A, Series B
- Temerity Capital Partners (https://capitalatlas.ai/funds/temerity-capital-partners) — Series A
- Wells Fargo Bank — Series B
- Drive Capital (https://capitalatlas.ai/funds/drive-capital) — Series B
- ING Ventures (https://capitalatlas.ai/funds/ing-ventures) — Series B
- The University of Chicago — Series B