About Ascent ERP
Ascent ERP is a company based in Somerville (United States) founded in 2006 was acquired by Rootstock in March 2026.. Ascent ERP offers products and services including Ascent ERP, Ascent IM, Ascent OM, and Ascent IOM. Ascent ERP operates in a competitive market with competitors including Sage Group, Acumatica, The Access Group, MYOB and Bexio, among others.
- Headquarter Somerville, United States
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Sectors
Technology
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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 Ascent Solutions, Llc
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Products & Services of Ascent ERP
Ascent ERP offers a comprehensive portfolio of products and services, including Ascent ERP, Ascent IM, Ascent OM, and Ascent IOM. 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.
Cloud-based solution for inventory, order, and warehouse management on Salesforce
Software for real-time tracking and optimization of inventory processes
System for handling orders and fulfillment in supply chain operations
Platform combining inventory and order functions for seamless operations
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Funding Insights of Ascent ERP
| 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 Ascent ERP
Ascent ERP has secured backing from 1 investor. Prominent investors backing the company include Rootstock. 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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Cloud-based ERP solutions are offered for manufacturers and distributors.
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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 Ascent ERP
| 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 - Ascent ERP
| 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 |
Ascent Erp Comparisons
Competitors of Ascent ERP
Ascent ERP 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 Sage Group, Acumatica, The Access Group, MYOB and Bexio, 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 |
Cloud-based accounting and payroll solutions for small and medium businesses
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| domain | founded_year | HQ Location |
Cloud-based ERP software is offered for small and medium enterprises.
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| domain | founded_year | HQ Location |
Cloud-based ERP software is offered for multiple industries.
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| domain | founded_year | HQ Location |
Cloud-based accounting and ERP software is provided for businesses.
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| domain | founded_year | HQ Location |
Business management software is offered for small and medium enterprises.
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| domain | founded_year | HQ Location |
All-in-one ERP and accounting software is provided for SMBs.
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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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Frequently Asked Questions about Ascent ERP
When was Ascent ERP founded?
Ascent ERP was founded in 2006.
Where is Ascent ERP located?
Ascent ERP is headquartered in Somerville, United States. It is registered at Somerville, Massachusetts, United States.
Who is the current CEO of Ascent ERP?
Shaun McInerney is the current CEO of Ascent ERP.
What does Ascent ERP do?
Ascent Solutions was founded in 2006 and is headquartered in Somerville, United States. Cloud-based ERP systems integrated with the Salesforce platform are offered to support business operations. Inventory and warehouse management, along with procurement, production, sales, returns, and services, are handled through these solutions. The company focuses on delivering structured tools for enterprise resource planning within the software sector.
Who are the top competitors of Ascent ERP?
Ascent ERP's top competitors include The Access Group, Sage Group and Acumatica.
What products or services does Ascent ERP offer?
Ascent ERP offers Ascent ERP, Ascent IM, Ascent OM, and Ascent IOM.
Who are Ascent ERP's investors?
Ascent ERP has 1 investor. Key investors include Rootstock.