About Ascentric
Ascentric is a company based in Bath (United Kingdom) founded in 2006 was acquired by M&G in May 2020.. The company has 386 employees as of December 31, 2021. Ascentric offers products and services including Wealth Platform, In-House Dealing, and Retirement Planning. Ascentric operates in a competitive market with competitors including Iress, Planful, Link Group, Modern Wealth Management and Hubly, among others.
- Headquarter Bath, United Kingdom
- Employees 386 as on 31 Dec, 2021
-
Sectors
Technology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Investment Funds Direct Limited
- Date of Incorporation 02 Feb, 1982
- Jurisdiction LONDON, UNITED KINGDOM, UNITED KINGDOM
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Ascentric
Ascentric offers a comprehensive portfolio of products and services, including Wealth Platform, In-House Dealing, and Retirement Planning. 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.
Service for managing investments and financial planning for advisers
Intraday trading desk for stock exchange transactions
Tools for creating efficient retirement plans for clients
Funding Insights of Ascentric
| 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 Ascentric
Ascentric has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include M&G. 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 |
|---|---|---|---|---|
|
Diversified asset management firm and private fund focused on debt and equity investments in climate startups, real estate, and multiple sectors
|
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 Ascentric
| 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 |
Financial Statements - Ascentric
| 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 |
Ascentric Comparisons
Competitors of Ascentric
Ascentric 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 Iress, Planful, Link Group, Modern Wealth Management and Hubly, 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 |
Wealth management solutions are provided online for financial markets.
|
|
| domain | founded_year | HQ Location |
Cloud-based financial planning and advisory solutions are provided for businesses.
|
|
| domain | founded_year | HQ Location |
Retirement and superannuation solutions are provided, including investments and pensions.
|
|
| domain | founded_year | HQ Location |
Wealth management services are provided to clients by the firm.
|
|
| domain | founded_year | HQ Location |
A business management platform is offered for financial advisors.
|
|
| domain | founded_year | HQ Location |
Financial planning software for IRA recordkeeping is offered.
|
| 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 Ascentric
Frequently Asked Questions about Ascentric
When was Ascentric founded?
Ascentric was founded in 2006.
Where is Ascentric located?
Ascentric is headquartered in Bath, United Kingdom. It is registered at Bath, Somerset, United Kingdom.
Who is the current CEO of Ascentric?
Rob Regan is the current CEO of Ascentric.
How many employees does Ascentric have?
As of Dec 31, 2021, the latest employee count at Ascentric is 386.
What is the annual revenue of Ascentric?
Annual revenue of Ascentric is $43.8M as on Dec 31, 2020.
What does Ascentric do?
Ascentric was founded in 2006 and is based in Bath, United Kingdom. Financial planning and investment solutions are delivered to wealth managers within the fintech sector. Customization of financial plans is enabled, along with control over investment portfolios, automated reporting, access to research insights, and management of client stock-broking and assets. Operations focus on supporting advisory practices through integrated tools.
Who are the top competitors of Ascentric?
What products or services does Ascentric offer?
Ascentric offers Wealth Platform, In-House Dealing, and Retirement Planning.
Who are Ascentric's investors?
Ascentric has 1 investor. Key investors include M&G.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.