About Ascend Learning
Ascend Learning is a company based in Burlington (United States) founded in 2010 was acquired by Blackstone in April 2017.. The company has 1,516 employees as of December 31, 2022. Ascend Learning has completed 5 acquisitions, including Clover Learning, Kognito and Laudio. Ascend Learning operates in a competitive market with competitors including AMBOSS, Osmosis, Orbis Education, Picmonic and MedBridge, among others.
- Headquarter Burlington, United States
- Employees 1516 as on 31 Dec, 2022
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Sectors
EducationHealthcare
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Ascend Learning Llc
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Blackstone
& 1 more
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Employee Count
1516
as on Dec 31, 2022
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Investments & Acquisitions
Clover Learning
& 4 more
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Acquired by
Blackstone
(Apr 14, 2017)
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Software Development Team
56 people
Product Management Team
14 people
Sales and Marketing
12 people
Leadership Team
10 people
Operations Team
7 people
Finance and Accounting
7 people
Legal and Compliance
5 people
Senior Team
5 people
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Funding Insights of Ascend Learning
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Ascend Learning
Ascend Learning has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Blackstone and CPP Investments. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Diversified investment management is provided across multiple asset classes.
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Founded Year | Domain | Location | |
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Pension fund assets are managed for sustainable long-term growth.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Ascend Learning
Ascend Learning has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Clover Learning, Kognito and Laudio. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Staff management platform for hospital scheduling is provided.
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2018 | ||||
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Web-based platform providing healthcare-related training and exam preparation solutions
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2017 | ||||
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Provider of medical staffing services
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2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Ascend Learning
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ascend Learning Comparisons
Competitors of Ascend Learning
Ascend Learning 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 AMBOSS, Osmosis, Orbis Education, Picmonic and MedBridge, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Mobile and cloud-based resources for medical exams are delivered.
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| domain | founded_year | HQ Location |
Educational resources platform for medical students and professionals
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| domain | founded_year | HQ Location |
Healthcare training and workforce placement platform is provided.
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| domain | founded_year | HQ Location |
Visual learning platform is provided for medical students' exam preparation.
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| domain | founded_year | HQ Location |
Healthcare education and patient care software solutions are provided.
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| domain | founded_year | HQ Location |
Coaching for healthcare professionals is delivered through online programs.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ascend Learning
Frequently Asked Questions about Ascend Learning
When was Ascend Learning founded?
Ascend Learning was founded in 2010.
Where is Ascend Learning located?
Ascend Learning is headquartered in Burlington, United States. It is registered at Burlington, Vermont, United States.
How many employees does Ascend Learning have?
As of Dec 31, 2022, the latest employee count at Ascend Learning is 1,516.
What does Ascend Learning do?
Ascend Learnings portfolio of companies provide blended learning, training, assessments, and certification solution for professionals in healthcare, education and wellness industry. Portfolio companies include Ati nursing education which provides nursing education content and NCLEX test preparation; NHA which prepares and certifies students to become frontline healthcare worker; MedHub which provides education management solutions for graduate medical education, undergraduate medical education and advanced practice healthcare institutions. Other companies include NASM, Premier Training International, Jones Bartlett Learning, ExamFX and more. Mode of learning is through online, live instructors, virtual instructors, and printed materials.
Who are the top competitors of Ascend Learning?
Ascend Learning's top competitors include AMBOSS, ATI Testing and Osmosis.
How many acquisitions has Ascend Learning made?
Ascend Learning has made 5 acquisitions, including Clover Learning, Kognito, and Laudio.
Who are Ascend Learning's investors?
Ascend Learning has 2 investors. Key investors include Blackstone, and CPP Investments.
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