Ascender HCM

Sydney, Australia Founded: 2003 • Age: 23 yrs Acquired By Ceridian
Payroll and HR management solutions are delivered to businesses.
Annual revenue $200,097 Latest available
Total funding - Funding intelligence
Employees - Tracked headcount
Investors 3 Known backers
Products 5 Services tracked
Competitors 10 Brand Intelligence

About Ascender HCM

Ascender HCM is a company based in Sydney (Australia) founded in 2003 was acquired by Ceridian in February 2021. Ascender HCM has completed 2 acquisitions, including People Streme Human Capital Management and Workcloud. Ascender HCM offers products and services including Payroll Software, Payroll Outsourcing, HR Software, Recruitment, and OnBoarding. Ascender HCM operates in a competitive market with competitors including Gusto, Justworks, Earnin, Paylocity and Payflow, among others.

  • Headquarter Sydney, Australia
  • Sectors
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Ascender India Private Limited
  • Date of Incorporation 16 May, 2016
  • Jurisdiction Hyderabad, Telangana, India
Operational Areas
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $200.1 K (USD)
    -48.39
    as on Mar 31, 2023
  • Net Profit
    $7.22 K (USD)
    -93.74
    as on Mar 31, 2023
  • EBITDA
    $18.13 K (USD)
    -88.73
    as on Mar 31, 2023
  • Latest Funding Round
    Not available
  • Investors
    Ceridian

    & 2 more

  • Employee Count
    Not available
  • Investments & Acquisitions
  • Acquired by
    Ceridian

    & 1 more

    (Feb 01, 2021)

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Products & Services of Ascender HCM

Ascender HCM offers a comprehensive portfolio of products and services, including Payroll Software, Payroll Outsourcing, HR Software, Recruitment, and OnBoarding.

Product name locked
Category locked
Primary

Automates payroll processes to ensure accurate payments and compliance with local laws.

Product name locked
Category locked
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Manages payroll tasks externally, freeing businesses to focus on core activities.

Product name locked
Category locked
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Enhances employee engagement through modules for recruitment and performance tracking.

Product name locked
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Streamlines hiring processes to improve quality of hires and recruitment speed.

Product name locked
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Automates new hire setup to create engaging experiences for employees.

Funding Insights of Ascender HCM

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Detailed funding history for Ascender HCM

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  • Funding amounts
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Investors in Ascender HCM

Ascender HCM has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Ceridian, Potentia Capital and Five V Capital.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity investments are focused on technology and software businesses.
Locked Locked Locked
Private equity investments are made in Australia and New Zealand.
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Cloud-based human capital management software is provided for enterprises.
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Investor details for Ascender HCM

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Investments & Acquisitions by Ascender HCM

Ascender HCM has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include People Streme Human Capital Management and Workcloud.

Investments
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Investment portfolio details for Ascender HCM

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Cloud-based HRMS solutions are offered for SMEs.
Locked Locked 2015 Locked
Cloud-based HRMS is delivered for enterprise human capital management.
Locked Locked 2001 Locked
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Complete acquisition details for Ascender HCM

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Financial Statements - Ascender HCM

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Detailed financials for Ascender HCM

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Ascender Hcm Comparisons

Ascender HCM Primary company
Description
Payroll and HR management solutions are delivered to busines...
Location
Sydney, Australia
Founded Year
2003
Annual Revenue
$200.1 K (USD)
Net Profit
$7.22 K (USD)
EBITDA
$18.13 K (USD)
Employees
Not available
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Peer comparison for Ascender HCM

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Competitors of Ascender HCM

Ascender HCM 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 Gusto, Justworks, Earnin, Paylocity and Payflow, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Cloud-based HR and payroll solutions are offered for small businesses.
Locked Locked Locked
Benefits administration and payroll management are provided for businesses.
Locked Locked Locked
Real-time access to earned wages is provided fee-free.
Locked Locked Locked
Cloud-based payroll and HR solutions are provided for businesses.
Locked Locked Locked
Payflow is recognized as a financial wellness application for employees.
Locked Locked Locked
Cloud-based HR and payroll management solutions are offered.
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Detailed competitors of Ascender HCM

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Latest news on Ascender Hcm

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Complete news archive for Ascender HCM

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Frequently Asked Questions about Ascender HCM

Ascender HCM was founded in 2003.

Ascender HCM is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.

Annual revenue of Ascender HCM is $200.1K as on Mar 31, 2023.

Ascender was established in 2003 in Sydney, Australia, within the human resources software sector. Payroll management solutions are provided for businesses, encompassing payroll processing, leave management, timesheet tracking, and payroll summary generation. A cloud-based platform is utilized to integrate payroll, HR, and enterprise applications, supporting operational efficiency across various organizational needs.

Ascender HCM's top competitors include Payflow, Gusto and Earnin.

Ascender HCM offers Payroll Software, Payroll Outsourcing, HR Software, Recruitment, and OnBoarding.

Ascender HCM has made 2 acquisitions, including People Streme Human Capital Management, and Workcloud.

Ascender HCM has 3 investors. Key investors include Ceridian, Potentia Capital, and Five V Capital.

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