Ascensus

Dresher, United States Founded: 1980 • Age: 46 yrs Acquired By Stone Point Capital
Retirement, health, and college savings services are administered nationwide.
Annual revenue - Latest available
Total funding - 1 rounds
Employees - Tracked headcount
Investors 5 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About Ascensus

Ascensus is a company based in Dresher (United States) founded in 1980 was acquired by Stone Point Capital in April 2021. Ascensus has completed 34 acquisitions, including 401K Plus, Asperia Retirement Plan Solutions and Avintus. Ascensus offers products and services including Retirement Plans, 529 Plans, and ABLE Accounts. Ascensus operates in a competitive market with competitors including The Tifin Group, Learnvest, Farther, Capitalize and Pocketnest, among others.

  • Headquarter Dresher, United States
  • Sectors
    Technology
  • Email
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  • Website
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  • Legal Name Ascensus Global Services India Llp
  • Date of Incorporation 09 Dec, 2016
  • Jurisdiction Shaikpet, Telangana, India
Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
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Products & Services of Ascensus

Ascensus offers a comprehensive portfolio of products and services, including Retirement Plans, 529 Plans, and ABLE Accounts.

Product name locked
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Primary

Administrative services for company retirement accounts and savings

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Tools for managing education funding accounts

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Savings options for disability-related expenses

People of Ascensus

Headcount 1000-5000
Employee Profiles 81
Board Members and Advisors 2
Employee Profiles
People
Raghav Nandagopal
EVP, Corporate Development and M&A
People
Carl Negin
Chief Marketing Officer
People
Peg Creonte
President of Government Savings
People
Maren Dalgaard
Leadership & Organizational Development

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Board Members and Advisors
people
Bob Guillocheau
Ascensus Board Member
people
Naureen Hassan
Director

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Funding Insights of Ascensus

Investors in Ascensus

Ascensus has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Aquiline Capital Partners, Atlas Merchant Capital and Stone Point Capital.

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Venture Fund
Investor Description Founded Year Domain Location
Atlas Merchant Capital is engaged in global investment strategies.
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Private equity firm investing in global financial services sectors.
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Investor details for Ascensus

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  • Investor locations
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Investments & Acquisitions by Ascensus

Ascensus has strategically engaged in corporate development activities, having acquired 34 companies. Notable acquisitions include 401K Plus, Asperia Retirement Plan Solutions and Avintus.

Investments
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Investment portfolio details for Ascensus

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Retirement planning and education services are provided to clients.
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Employee benefit services are provided by UnifyHR to organizations.
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End-to-end HR services are provided globally by Avintus.
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Complete acquisition details for Ascensus

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Financial Statements - Ascensus

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Detailed financials for Ascensus

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Ascensus Comparisons

Ascensus Primary company
Description
Retirement, health, and college savings services are adminis...
Location
Dresher, United States
Founded Year
1980
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Ascensus

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Competitors of Ascensus

Ascensus 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 The Tifin Group, Learnvest, Farther, Capitalize and Pocketnest, among others.

Company Name Domain Founded year HQ Location Description
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AI-enabled financial planning and advisory solutions are provided for individuals.
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Personal finance management and investment advise
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App-based financial planning and management platform for individuals
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Financial planning and advisory platform
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An app-based platform is provided for individual wealth management.
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Detailed competitors of Ascensus

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Latest news on Ascensus

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Complete news archive for Ascensus

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Frequently Asked Questions about Ascensus

Ascensus was founded in 1980 and raised its 1st funding round 39 years after it was founded.

Ascensus is headquartered in Dresher, United States. It is registered at Dresher, Pennsylvania, United States.

Ascensus was established in 1980 and is based in Dresher, United States, within the financial services sector. Record-keeping, administrative, and program management services are delivered for retirement plans, health savings accounts, and 529 college savings plans. Support is extended to around 50,000 retirement plans, 4 million 529 accounts, and more than 1.5 million IRAs and HSAs, with over 139 billion in assets under administration.

Ascensus's top competitors include The Tifin Group, Farther and Earned Wealth.

Ascensus offers Retirement Plans, 529 Plans, and ABLE Accounts.

Ascensus has made 34 acquisitions, including 401K Plus, Asperia Retirement Plan Solutions, and Avintus.

Ascensus has 5 investors. Key investors include Aquiline Capital Partners, Atlas Merchant Capital, Stone Point Capital, Genstar Capital, and GIC.

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