Ascora
About Ascora
Ascora is a Technology company, and was acquired by DRS Investment in March 2018. Software solutions are developed by Ascora for consumers and businesses. It operates on a SaaS (Software-as-a-Service) and Direct-to-Consumer (D2C) model. Ascora offers products and services including Abelssoft Software and Cloud Big Data Solutions. Its focus areas include Software, Consumer Software and Enterprise Software. Its legal entity is Ascora GmbH.
Company details
Software products are created by Ascora GmbH for both consumer and enterprise markets. Focus is placed on intuitive, user-friendly tools under the Abelssoft brand, serving over 18 million users across 16 languages. Cloud-based big data management and scalable systems are also developed, handling over 350 million requests monthly. Research and innovation are prioritized through national and international projects, ensuring cutting-edge technology integration. Sectors served include consumer technology and business IT solutions, with an emphasis on secure, distributed systems and one-click software tools.
- Stage Acquired
- SectorsTechnology
- Website ascora.net
- Social LinkedIn
- Acquired by DRS Investment (Mar 2018)
- Legal Name Ascora Gmbh
- InvestorsEuropean Union
& 1 more
- Acquired byDRS Investment
(Mar 2018)
Products & Services of Ascora
Ascora offers a comprehensive portfolio of products and services, including Abelssoft Software and Cloud Big Data Solutions.
Software tools are developed for intuitive consumer use.
Cloud-based systems are built for big data management.
Funding Insights of Ascora
- Total Rounds 12
- First Round $1.21M
(Jan 2015)
- Investors Count 1
Latest 10 of 12 funding rounds of Ascora with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2019 | Grant | – | – | ||
| Jan 2019 | $2.74M | Grant | – | – | |
| Dec 2018 | $676,145 | Grant | – | – | |
| Nov 2018 | $572,797 | Grant | – | – | |
| Jan 2018 | $662,569 | Grant | – | – | |
| Jan 2018 | $604,892 | Grant | – | – | |
| Oct 2017 | $230,880 | Grant | – | – | |
| Jan 2017 | $206,364 | Grant | – | – | |
| Nov 2016 | $280,206 | Grant | – | – | |
| Oct 2016 | $945,847 | Grant | – | – |
2 investors in total: 2 institutional.
Investors in Ascora
Ascora has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and DRS Investment.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
DRS Investment is focused on direct investments in software companies. | drs-investment.com |
Investor details for Ascora
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Ascora
3 dated milestones of Ascora across 4 years, from founding to its latest funding, stage changes and deals.
- Funding First funding round of $1.2M.
- Exit Acquired by DRS Investment.
- Funding Latest funding round, Grant,.
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Related news about Ascora
Complete news archive for Ascora
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- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about Ascora
Software products are created by Ascora GmbH for both consumer and enterprise markets. Focus is placed on intuitive, user-friendly tools under the Abelssoft brand, serving over 18 million users across 16 languages. Cloud-based big data management and scalable systems are also developed, handling over 350 million requests monthly. Research and innovation are prioritized through national and international projects, ensuring cutting-edge technology integration. Sectors served include consumer technology and business IT solutions, with an emphasis on secure, distributed systems and one-click software tools.
Ascora offers Abelssoft Software and Cloud Big Data Solutions.
Ascora has 2 investors. Key investors include European Union, and DRS Investment.
Ascora operates through Ascora Gmbh.
Yes. Ascora was acquired by DRS Investment in March 2018.