About Ascen
Ascen is a company based in Boston (United States) founded in 2018 by Francis Larson was acquired by Upwork in August 2025. Ascen has raised $300 thousand across 2 funding rounds from investors including Upwork and Y Combinator. Ascen offers products and services including Employer of Record, Agent of Record, and Pay and Bill Software. Ascen operates in a competitive market with competitors including Workday, Kronos, SuccessFactors, Justworks and Sage Group, among others.
- Headquarter Boston, United States
- Founders Francis Larson
-
Sectors
Technology
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Ascen Inc
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Ascen
Ascen offers a comprehensive portfolio of products and services, including Employer of Record, Agent of Record, and Pay and Bill Software.
Handles employment compliance and payroll for staffing organizations.
Manages IC classification and payments for contractors.
Facilitates pay and bill processes under client tax ID.
People of Ascen
Unlock access to complete
Funding Insights of Ascen
Ascen has successfully raised a total of $300K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $150 thousand completed in March 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Ascen
Ascen has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Upwork and Y Combinator.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Early-stage startups are accelerated via funding and educational programs.
|
Locked | Locked | Locked | |
|
Businesses are connected with freelancers via an online marketplace.
|
Locked | Locked | Locked |
Investor details for Ascen
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Ascen
Investment portfolio details for Ascen
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Ascen
Detailed financials for Ascen
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Ascen Comparisons
Peer comparison for Ascen
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Ascen
Ascen operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Workday, Kronos, SuccessFactors, Justworks and Sage Group, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Cloud-based HR and financial software is delivered to enterprises.
|
|
| Locked | Locked | Locked |
HCM software solutions for enterprise workforce management are provided.
|
|
| Locked | Locked | Locked |
Cloud-based human capital management software is delivered globally.
|
|
| Locked | Locked | Locked |
Benefits administration and payroll management are provided for businesses.
|
|
| Locked | Locked | Locked |
Cloud-based accounting and payroll solutions for small and medium businesses
|
|
| Locked | Locked | Locked |
Cloud-based payroll and HR solutions are provided for businesses.
|
Detailed competitors of Ascen
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Ascen
Complete news archive for Ascen
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Ascen
Ascen was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Ascen is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Francis Larson is the current CEO of Ascen. They have also founded this company.
Ascen is a funded company, having raised a total of $300K across 2 funding rounds to date.
Ascen was founded in 2018 in Boston, United States, within the HR technology sector. An online portal is operated for managing temporary workforce, with services including payroll processing, finance tools, and compliance updates tailored to each U.S. state. Integration with existing legacy systems is supported via APIs. Pricing is structured as a percentage of payrolls handled.
Ascen's top competitors include Workday, SuccessFactors and Sage Group.
Ascen offers Employer of Record, Agent of Record, and Pay and Bill Software.
Ascen has 2 investors. Key investors include Upwork, and Y Combinator.