Ascenz

Singapore, Singapore Founded: 2008 • Age: 18 yrs Acquired By GTT
Fuel monitoring systems are supplied for the shipping sector.
Annual revenue $4.7M Latest available
Total funding $482,000 2 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Ascenz

Ascenz is a company based in Singapore (Singapore) founded in 2008 was acquired by GTT in December 2017. Ascenz has raised $482 thousand across 2 funding rounds from investors including GTT, unknown and H. S. Engineers. Ascenz operates in a competitive market with competitors including Qtagg, Eniram, Eltronic FuelTech, Explicit and Fjord Maritime, among others.

  • Headquarter Singapore, Singapore
  • Sectors
    Transportation, Automotive & Logistics
    Environment
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Maritime, Ports & Shipping Unlock Sub-Sector Unlock Segment
Environment → Environmental Management & Pollution Control Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $4.65 M (USD)
    0
    as on Dec 31, 2021
  • Net Profit
    $55.35 K (USD)
    0
    as on Dec 31, 2021
  • EBITDA
    Not available
  • Total Equity Funding
    $482 K (USD)

    in 2 rounds

  • Latest Funding Round
    Not available
  • Investors
    GTT

    & 2 more

  • Employee Count
    Not available
  • Acquired by
    GTT

    (Dec 08, 2017)

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Funding Insights of Ascenz

Ascenz has successfully raised a total of $482K across 2 strategic funding rounds. 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.

Investors in Ascenz

Ascenz has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include GTT, unknown and H. S. Engineers.

All
Venture Fund
Investor Description Founded Year Domain Location
H. S. Engineers is engaged in manufacturing acoustic enclosures and material handling systems.
Locked Locked Locked
GTT is engaged in LNG transportation and storage solutions.
Locked Locked Locked
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Investor details for Ascenz

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Investments & Acquisitions by Ascenz

Investments
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Investment portfolio details for Ascenz

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Financial Statements - Ascenz

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Detailed financials for Ascenz

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Ascenz Comparisons

Ascenz Primary company
Description
Fuel monitoring systems are supplied for the shipping sector...
Location
Singapore, Singapore
Founded Year
2008
Annual Revenue
$4.65 M (USD)
Net Profit
$55.35 K (USD)
EBITDA
Not available
Employees
Not available
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Peer comparison for Ascenz

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Competitors of Ascenz

Ascenz 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 Qtagg, Eniram, Eltronic FuelTech, Explicit and Fjord Maritime, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Maritime fuel management systems for fuel optimization are provided.
Locked Locked Locked
Fuel saving system for maritime vessels
Locked Locked Locked
Fuel efficiency solutions are provided for maritime vessels.
Locked Locked Locked
Maritime emissions are monitored through microsensor technology and data systems.
Locked Locked Locked
Provides electrification, digitalization, and energy solutions for the aquaculture sector.
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Detailed competitors of Ascenz

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Latest news on Ascenz

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Complete news archive for Ascenz

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Frequently Asked Questions about Ascenz

Ascenz was founded in 2008 and raised its 1st funding round 4 years after it was founded.

Ascenz is headquartered in Singapore, Singapore.

Ascenz is a funded company, having raised a total of $482K across 2 funding rounds to date.

Annual revenue of Ascenz is $4.65M as on Dec 31, 2021.

Founded in 2008 and based in Singapore, Ascenz operates in the maritime industry. Proprietary software is utilized to capture fuel consumption and bunkering data from vessels, which is transmitted directly to onshore offices. This information is analyzed for usage oversight and efficiency checks. Additional data on engine performance, vessel location, speed, and route is relayed, supporting navigational tracking.

Ascenz's top competitors include Explicit, Eltronic FuelTech and Eniram.

Ascenz has 3 investors. Key investors include GTT, unknown, and H. S. Engineers.

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