Ascend Company Overview
Ascend is a financial management software platform that allows agencies to stay on top of their complex financial and billing operations. Ascend helps agencies to reduce their costs by as much as 25% and is trusted by a number of major brands including Vouch and NFP. Ascend has received investments from some major investment groups including Index Ventures and Firstmark.
FAQ
Does Ascend have stock?
Yes, Ascend and almost all privately held companies issue stock so founders, employees, and investors can participate in equity ownership. However, because Ascend is privately held, it is more challenging to acquire shares than if the company was publicly traded.
Is Ascend publicly traded?
No, Ascend is a privately held company. It is not publicly traded or offered directly on any stock exchange like the NYSE, Nasdaq, etc.
Who owns Ascend stock?
As a privately held company, Ascend shares are held by its founders, management, employees, venture capital funds, or other private individuals and institutional investors.
Disclosure rules differ for private and public companies, so it may not always be possible to know the complete ownership (cap table) of a private company like Ascend.
What is the stock symbol for Ascend?
Ascend is a privately held company. Therefore, it does not have a stock symbol or “ticker” that trades on public exchanges like the NYSE, Nasdaq, etc.
Can I buy Ascend stock on UpMarket?
If you would like to buy shares in Ascend, please provide your information in the form at the top of this page and click the button titled “I want to buy this stock.”
One of our investor relations team members will contact you to discuss Ascend stock availability. Note: inquiries are non-binding, subject to market availability, and shares may only be purchased by accredited investors that meet all eligibility criteria.
UpMarket has offered many similar companies as Pre-IPO investments, including Airbnb, SpaceX, ByteDance, Plaid, Kraken, Databricks, and others. UpMarket also often has funds available that invest in a portfolio of companies potentially including, Ascend as well.
What is Ascend stock price?
The stock price of Ascend can be calculated by taking the valuation of the company divided by the number of shares outstanding. Because a private company can issue new shares at any time, we do not know the current number of shares outstanding.
How do Ascend pre-IPO trades work?
Pre-IPO trades for Ascend will typically involve accredited investors purchasing shares from current shareholders through specialized investment platforms like UpMarket. Trades generally occur on the secondary market, meaning Ascend doesn't issue new shares or receive capital–shares are privately exchanged between two parties.
While investors aim to profit from a potential IPO or acquisition, these investments carry high risks due to limited liquidity and information. Understanding all terms and conditions is crucial, as each transaction can have unique characteristics. Investing in private companies can be extremely risky and may result in significant capital loss.
When is Ascend going to go public?
The decision to go public through an Initial Public Offering (IPO) is complex and depends on various factors, including the company's financial performance, market conditions, and strategic goals.
Unless Ascend officially announces its intention to go public, any predictions about when or if it will do so would be speculative.
Investors interested in Ascend should monitor official company communications and reliable financial news sources for any updates regarding potential IPO plans.
How do I exit my investment if I invest in Ascend with UpMarket?
Exiting your investment in Ascend typically involves one of these scenarios: 1) selling your shares on a secondary market to other interested investors; 2) holding shares until a liquidity event occurs, such as the company going public (IPO) or being acquired.
Investors must know that the timing and availability of these exit options are inherently unpredictable, and there is no guarantee of when or if they will occur.
How can I sell Ascend shares?
If you own Ascend shares, you may be able to find a buyer on a pre-IPO marketplace or via an introduction by a registered broker-dealer like UpMarket. It is important to note that the class of shares you own may impact your ability to sell. For example, shares issued to startup employees often have transaction limitations, including lock-up periods and a right of first refusal by the company, which may prevent you from selling your shares freely.
How does UpMarket estimate the valuation of Ascend?
UpMarket’s valuation estimate for Ascend is algorithmically generated based on recent primary round financings by Ascend, market conditions, company popularity, sector performance, and public market comps.
It is important to note that UpMarket’s valuation estimate for Ascend could be outdated, may not reflect all recent news or market events, and is not intended to inform any investment decision-making. UpMarket’s valuation estimate is not meant to be a warranty or projection of potential financial returns or company performance. Valuations can change rapidly and unexpectedly.
Why choose UpMarket?
UpMarket was founded in 2019 and has helped hundreds of investors access alternative investments. UpMarket is a licensed broker-dealer based in the United States. UpMarket customers have invested over $150 million in pre-IPO companies, hedge funds, private equity, real estate, and other alternatives.
If you are an accredited investor, you can create a free account to access our deal flow and opportunities. There is never any pressure to invest.
UpMarket clients have invested in companies like Ascend, SpaceX, Neuralink, Anthropic, and many others. UpMarket and its leadership have been mentioned in media outlets like Forbes, WealthManagement, Wealth and Finance News, and TechBullion.
Ascend Management
| Name | Position |
|---|---|
| Andrew Wynn | CEO |
