About Ascendum
Ascendum is a company based in Blue Ash (United States) founded in 2008. It operates as a Professional Services, and Managed Services. The company has 579 employees as of December 31, 2022. Ascendum has completed 1 acquisition, including Sourcebits. Ascendum offers products and services including Digital Solutions, Process Solutions, Microsoft Solutions, and Mortgage & Title Services. Ascendum operates in a competitive market with competitors including UST, Genpact, NTT DATA, Endava and Persistent, among others.
- Headquarter Blue Ash, United States
- Employees 579 as on 31 Dec, 2022
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Sectors
Business ServicesTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Ascendum
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Annual Revenue
$48.65 K (USD)0as on Dec 31, 2015
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Net Profit
$-619.2 (USD)-366as on Dec 31, 2019
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
579
as on Dec 31, 2022
- Investments & Acquisitions
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Products & Services of Ascendum
Ascendum offers a comprehensive portfolio of products and services, including Digital Solutions, Process Solutions, Microsoft Solutions, and Mortgage & Title Services. 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.
Custom digital solutions are developed for various industries.
Business processes are optimized for client operational efficiency.
Microsoft-based solutions are provided for business productivity needs.
Mortgage and title services are offered to clients.
Funding Insights of Ascendum
| 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 |
Investments & Acquisitions by Ascendum
Ascendum has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Sourcebits. 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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Mobile app development company
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2006 |
| 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 - Ascendum
| 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 |
Ascendum Comparisons
Competitors of Ascendum
Ascendum 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 UST, Genpact, NTT DATA, Endava and Persistent, 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 |
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| domain | founded_year | HQ Location |
High-quality office furniture is provided by UST for various needs.
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| domain | founded_year | HQ Location |
Provider of end-to-end business process outsourcing services
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| domain | founded_year | HQ Location |
Application development, cloud, cybersecurity, and business intelligence services are provided.
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| domain | founded_year | HQ Location |
Endava is engaged in digital transformation and AI-driven solutions.
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| domain | founded_year | HQ Location |
IT consulting, data analytics, and digital transformation services are provided.
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| domain | founded_year | HQ Location |
Business process and technology management services are provided globally.
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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 Ascendum
Frequently Asked Questions about Ascendum
When was Ascendum founded?
Ascendum was founded in 2008.
Where is Ascendum located?
Ascendum is headquartered in Blue Ash, United States. It is registered at Blue Ash, Ohio, United States.
Who is the current CEO of Ascendum?
Kris Nair is the current CEO of Ascendum.
How many employees does Ascendum have?
As of Dec 31, 2022, the latest employee count at Ascendum is 579.
What is the annual revenue of Ascendum?
Annual revenue of Ascendum is $48.65K as on Dec 31, 2015.
What does Ascendum do?
Ascendum is engaged in delivering award-winning custom digital solutions and business process optimization services to a diverse range of clients worldwide. Headquartered in Cincinnati, Ohio, the company operates across multiple sectors including healthcare, education, media, automotive, and financial services. Solutions are tailored through expertise in UX design, data AI, development cloud, strategy innovation, and Microsoft solutions. Additionally, specialized services in mortgage, title, and accounting are provided to meet specific industry needs. The global presence is supported by offices in the USA, India, and Australia, ensuring comprehensive support and innovative approaches for Fortune 500 companies, government institutions, and other enterprises.
Who are the top competitors of Ascendum?
Ascendum's top competitors include Genpact, Persistent and NTT DATA.
What products or services does Ascendum offer?
Ascendum offers Digital Solutions, Process Solutions, Microsoft Solutions, and Mortgage & Title Services.
How many acquisitions has Ascendum made?
Ascendum has made 1 acquisition, including Sourcebits.