Ascension

St. Louis, United States Founded: 1999 • Age: 27 yrs
Health systems are operated nationwide by Ascension.

About Ascension

Ascension is a company based in St. Louis (United States) founded in 1999. It operates as a Managed Services. Ascension has raised $554 thousand across 12 funding rounds from investors including HHS and Health Resources and Services Administration. Ascension has completed 5 acquisitions, including AMITA Health, AmSurg and DeKalb Community Hospital. Ascension offers products and services including Healthcare Services and Orthopedic Surgery. Ascension operates in a competitive market with competitors including AdventHealth, Baptist Health South Florida, WellSpan, Intermountain Healthcare and NYU Langone, among others.

  • Headquarter St. Louis, United States
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Healthcare Services & Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $554 K (USD)

    in 12 rounds

  • Latest Funding Round
    $3 M (USD), Grant

    Jun 01, 2022

  • Investors
    HHS

    & 1 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
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Products & Services of Ascension

Ascension offers a comprehensive portfolio of products and services, including Healthcare Services and Orthopedic Surgery. 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.

Primary

Healthcare services are provided across multiple US states.

Orthopedic nerve surgery is offered for pain relief.

People of Ascension
Headcount 10000+
Employee Profiles 663
Employee Profiles
People
Eric S. Engler
Executive Vice President and Chief of Staff
People
Elizabeth Foshage
Executive Vice President and Chief Financial Officer
People
Taofeek Awoyemi
Medical Surgical Nurse
People
Christine Kocot McCoy
Executive Vice President and General Counsel

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Funding Insights of Ascension

Ascension has successfully raised a total of $554K across 12 strategic funding rounds. The most recent funding activity was a Grant round of $3 million completed in June 2022. 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 Rounds 12
  • Last Round Grant — $3.0M
  • First Round

    (27 Feb 2008)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2022 Amount Grant - Ascension Valuation

investors

Jun, 2019 Amount Grant - Ascension Valuation

investors

Jun, 2017 Amount Grant - Ascension Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Ascension

Ascension has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include HHS and Health Resources and Services Administration. 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.

All
Institutional
Investor Description Founded Year Domain Location
Health services and resources are provided by HRSA nationwide.
Founded Year Domain Location
Public health and human services are overseen by HHS.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Ascension

Ascension has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include AMITA Health, AmSurg and DeKalb Community Hospital. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Healthcare services are provided by a Chicago-based health system.
2015
Healthcare services are delivered through a Chicago-based system.
2011
Stones River Hospital provides healthcare care services.
1998
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Ascension

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Ascension Comparisons

Employees
+
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Competitors of Ascension

Ascension 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 AdventHealth, Baptist Health South Florida, WellSpan, Intermountain Healthcare and NYU Langone, 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
Healthcare services are delivered through AdventHealth's integrated system.
domain founded_year HQ Location
Healthcare services are delivered via facilities in South Florida.
domain founded_year HQ Location
Healthcare services are delivered by WellSpan across United States facilities.
domain founded_year HQ Location
Healthcare services are delivered through integrated hospital networks.
domain founded_year HQ Location
Health system
domain founded_year HQ Location
Health system
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Ascension

Frequently Asked Questions about Ascension

When was Ascension founded?

Ascension was founded in 1999 and raised its 1st funding round 9 years after it was founded.

Where is Ascension located?

Ascension is headquartered in St. Louis, United States. It is registered at St. Louis, Missouri, United States.

Who is the current CEO of Ascension?

Anthony Tersigni is the current CEO of Ascension.

Is Ascension a funded company?

Ascension is a funded company, having raised a total of $554K across 12 funding rounds to date.

What does Ascension do?

Healthcare services are provided by Ascension in various US states including Florida, Illinois, Indiana, Kansas, Maryland, Oklahoma, Tennessee, Texas, and Wisconsin. Hospitals and medical centers under Ascension, such as Ascension Sacred Heart and Ascension St. Vincent, offer compassionate care. Specialized treatments like orthopedic nerve surgery are also provided to address specific patient needs. The organization focuses on personalized care to support community health.

Who are the top competitors of Ascension?

Ascension's top competitors include Intermountain Healthcare, WellSpan and NYU Langone.

What products or services does Ascension offer?

Ascension offers Healthcare Services and Orthopedic Surgery.

How many acquisitions has Ascension made?

Ascension has made 5 acquisitions, including AMITA Health, AmSurg, and DeKalb Community Hospital.

Who are Ascension's investors?

Ascension has 2 investors. Key investors include HHS, and Health Resources and Services Administration.

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