Ascend
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Ascend

An online payments platform that automates insurance payments end-to-end.

About

Founded

2021

Headquarters

San Francisco, California

Industry

Fintech, Insurance

Company Description

By simplifying and modernizing insurance’s financial infrastructure, our easy to use products make it possible to finally offer your customers an automated, all-in-one online solution to financing, collections, and payables — and to save you from tedious, expensive operational overhead.

Quick Links

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Funding

Total Raised

$39 million

Valuation

Undisclosed

Significant Investors

First Round Capital, Index Ventures, FirstMark, HSCM Ventures, Susa Ventures, NFP Ventures, Distributed Ventures

Company Traction

  • Ascend customers include StartSure, Portal, Three Arbor Insurance, Alpharoot, CoverLink Insurance, NFP, Paradiso Insurance, Vouch Insurance, and Hertvik Insurance Group.
  • Ascend claims customers who partner with them increase the profitability of agency bills by 25%, decrease non-pay cancellations by 95%, save 60% on operational and accounting expenses, and save 20+ hours weekly on accounting.

Leadership Team

  • Praveen Chekuri: Co-Founder & Co-CEO of Ascend. Former Director of Engineering at Hippo Insurance.
  • Andrew Wynn: Co-Founder & Co-CEO of Ascend. Former Director, Hippo Home Care at Hippo Insurance.
  • Nathalie Miller: Head of Operations at Ascend. Former Innovation Projects & West Coast Tech Banking at First Republic Bank.
  • Shyam Sivakumar: Head of Data at Ascend. Former Head of Data & Analytics at Way.com.
  • Jot Ranu: Chief of Staff at Ascend. Former Senior Business Operations Analyst at The Athletic.

Press

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