About Ascendify
Ascendify is a company based in San Francisco (United States) founded in 2012 was acquired by Radancy in April 2023.. Ascendify has raised $12.33 million across 4 funding rounds from investors including General Electric, Canaan and Cisco Investments. Ascendify offers products and services including CRM, Intelligent Outreach, Hiring Events, and Workflow Automation. Ascendify operates in a competitive market with competitors including Phenom, Eightfold, SmartRecruiters, iCIMS and HireVue, among others.
- Headquarter San Francisco, United States
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Ascendify Corporation
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$12.33 M (USD)
in 4 rounds
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Latest Funding Round
$11.33 M (USD), Series A
May 19, 2017
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Investors
General Electric
& 4 more
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Employee Count
Employee Count
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Acquired by
Radancy
(Apr 04, 2023)
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Products & Services of Ascendify
Ascendify offers a comprehensive portfolio of products and services, including CRM, Intelligent Outreach, Hiring Events, and Workflow Automation. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for identifying and engaging potential hires through personalized communications.
Automates branded messages for candidate interactions via email and SMS.
Centralizes virtual and in-person events for talent sourcing and networking.
Streamlines recruitment tasks with trigger-based automated workflows.
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Funding Insights of Ascendify
Ascendify has successfully raised a total of $12.33M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $11.33 million completed in May 2017. 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.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series A — $11.3M
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First Round
First Round
(09 Apr 2013)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2017 | Amount | Series A - Ascendify | Valuation | Canaan | |
| May, 2017 | Amount | Series A - Ascendify | Valuation |
investors |
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| Apr, 2015 | Amount | Series A - Ascendify | Valuation |
investors |
| 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 Ascendify
Ascendify has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include General Electric, Canaan and Cisco 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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Canaan is recognized as an early-stage venture capital firm.
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Founded Year | Domain | Location | |
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Technology investments and expertise in networking, cloud, and security services.
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Founded Year | Domain | Location | |
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Venture capital funding for SaaS companies.
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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 Ascendify
| 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 |
Financial Statements - Ascendify
| 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 |
Ascendify Comparisons
Competitors of Ascendify
Ascendify 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 Phenom, Eightfold, SmartRecruiters, iCIMS and HireVue, 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 |
Talent experience management platforms are provided for engagement and recruitment.
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| domain | founded_year | HQ Location |
An AI platform is provided for talent acquisition and management.
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| domain | founded_year | HQ Location |
Cloud-based ATS and hiring platform services are provided.
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| domain | founded_year | HQ Location |
Talent acquisition software is provided by iCIMS since 2000.
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| domain | founded_year | HQ Location |
A video interview platform is operated by HireVue since 2004.
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| domain | founded_year | HQ Location |
Cloud-based applicant tracking solutions are offered for candidate hiring.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Ascendify
Frequently Asked Questions about Ascendify
When was Ascendify founded?
Ascendify was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Where is Ascendify located?
Ascendify is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Ascendify a funded company?
Ascendify is a funded company, having raised a total of $12.33M across 4 funding rounds to date.
What does Ascendify do?
Ascendify was established in 2012 in San Francisco, United States, within the HR technology sector. Cloud-based applicant tracking system suites are provided, incorporating AI algorithms and automation to match candidates with recruiters. Services include recruitment marketing, executive search, and campus recruitment tools. Community building and social networking features are offered for candidates to connect and apply to openings. Core components encompass ATS, CRM, referrals, nurturing, and analytics functionalities.
Who are the top competitors of Ascendify?
Ascendify's top competitors include Phenom, Eightfold and Greenhouse.
What products or services does Ascendify offer?
Ascendify offers CRM, Intelligent Outreach, Hiring Events, and Workflow Automation.
Who are Ascendify's investors?
Ascendify has 5 investors. Key investors include General Electric, Canaan, Cisco Investments, Radancy, and Blossom Street Ventures.
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