Assent

Ottawa, Canada Founded: 2010 • Age: 16 yrs Unicorn
Provider of web-based supply chain sustainability compliance management solutions

About Assent

Assent is a Technology company based in Ottawa (Canada) founded in 2010 by Matt Whitteker and Jonathan Hughes. It operates as a provider of web-based supply chain sustainability compliance management solutions. Assent has raised $496.58 million across 5 funding rounds from investors including Royal Bank of Canada, Warburg Pincus and National Research Council Canada. Assent has completed 1 acquisition, including iPoint Systems. Assent was last valued at $1 billion in January 2022. Its chief executive is Michael Southworth. Its website assent.com draws about 90 thousand monthly visits. Assent offers products and services including Product Compliance Solutions, ESG Solutions, Trade Compliance Solutions, and Advisory Services. Its focus areas include Enterprise Applications, SCM Software, Visibility & Compliance and Sustainability & Compliance. Its legal entity is ASSENT COMPLIANCE USA LTD. Its competitors include EcoVadis, QIMA, SupplyShift, Source Intelligence and Everysens and 2 more; 6 of its 7 listed competitors have raised funding.

Company details

Assent was founded in 2010 and is headquartered in Ottawa, Canada. Web-based platforms are provided by the company to support sustainability and compliance in supply chains for manufacturers. Services encompass indirect supplier monitoring, data collection and analysis, reporting tools, supplier engagement processes, and trade compliance management. Operations focus on enabling data-driven decisions across global supply networks.

  • Headquarters Ottawa, Canada
  • Founders Matt Whitteker, Jonathan Hughes
  • Stage Unicorn
  • Sectors
    Technology
  • Website category Business and Consumer Services · Business Services
  • Email
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  • Phone
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  • Website assent.com
  • Social LinkedIn X Facebook YouTube
  • Legal Name Assent Compliance Usa Ltd
Key Metrics

Products & Services of Assent

Assent offers a comprehensive portfolio of products and services, including Product Compliance Solutions, ESG Solutions, Trade Compliance Solutions, and Advisory Services.

Product Compliance Solutions
Compliance Software

Platform for standardizing and validating supply chain compliance data

ESG Solutions
Sustainability Software

Tools for ESG reporting and forced labor risk identification

Trade Compliance Solutions
Trade Management

Services for managing customs codes and international trade agreements

Advisory Services
Professional Services

Expert support for regulatory and program management needs

Apps and channels of Assent

its YouTube channel Assent Inc. has 221 subscribers and 30 videos.

Assent Inc.
YouTube 221 subscribers 30 videos Science & Technology
Open channel

Videos from Assent

The most watched videos on Assent's YouTube channel, Assent Inc. (221 subscribers). Click a video to play it here.

Assent Sustainability Platform Innovation Announcement
327 views
What Is a Digital Product Passport?
321 views
What Is the Ecodesign for Sustainable Products Regulation (ESPR)
309 views
What is REACH? Compliance With Confidence | Assent
273 views

More on Assent Inc..

Funding Insights of Assent

Assent has successfully raised a total of $496.58M across 5 strategic funding rounds. The most recent funding activity was a Series D round of $350 million completed in January 2022. 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.

  • Total Funding $496.58M
  • Total Rounds 5
  • Last Round Series D β€” $350M
  • First Round $15.9M

    (Jun 2016)

  • Investors Count 8

All 5 funding rounds of Assent with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2022$350MSeries D$1BVista Equity Partners
–
Oct 2018$99.24MSeries C–Warburg Pincus, First Ascent Ventures
–
Jul 2017$50,000Series B––
–
Jul 2017$31.4MSeries B–Greenspring Associates
Jun 2016$15.9MSeries A–Volition Capital
Valuation history
DateValuationStage
Jan 2022$1Bβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $1B (Jan 2022). 8 investors in total: 8 institutional.

Investors in Assent

Assent has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Royal Bank of Canada, Warburg Pincus and National Research Council Canada.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Investments are directed toward high-growth enterprise software and technology companies.
–vistaequitypartners.comAustin, United States
Multi-stage private equity investments are pursued across diverse sectors.
1966warburgpincus.comNew York, United States
Venture capital firm focused on technology companies
–firstascentventures.comToronto, Canada
Diversified investment management firm
2000greenspringassociates.comOwings Mills, United States
Venture capital investments are directed toward companies in multiple sectors.
–volitioncapital.comBoston, United States
Commercial banking services for small and medium-sized enterprises are provided.
1944bdc.caMontreal, Canada
Scientific and technological research is conducted for Canada's benefit.
1916nrc.canada.caOttawa, Canada
Comprehensive banking and financial services are provided globally.
1864rbc.comToronto, Canada
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Investor details for Assent

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People of Assent

262 people are tracked at Assent (48 in leadership, 4 in board & advisors, 210 in team).

NameRoleGroup
Matt Whitteker
Co-FounderLeadership
Jonathan Hughes
Co-FounderLeadership
Michael Southworth
CEOLeadership
Ana Bertolucci
Director, Integrated Marketing, Demand Generation & ABM | Global Go To Market CampaignsLeadership
Andrew Waitman
Chief Executive OfficerLeadership
Keira Torkko
Chief of Staff & Chief People OfficerLeadership
Melissa Leduc
Senior Director, People Success & OperationsLeadership
Ashley Woods
Director Content MarketingLeadership
Amanda Miller (Mandy)
VP Of Growth MarketingLeadership
Jeffrey Cameron
Vp, Software DevelopmentLeadership
Vincent Babineau
Director, Software EngineeringLeadership
Tobias Staehle
Director, SalesLeadership
Nathan Pancel
Director Of OperationsLeadership
Sue Fortunato-Esbach
Director, EU Regulatory And Sustainability ExpertsLeadership
Andrew Hircock
Senior Director Of Product ManagementLeadership
Nicole James
Sales DirectorLeadership
Laurie Klausner
Senior Vice President MarketingLeadership
Tony Farinaro
Chief Revenue Officer (cro)Leadership
Charmaine D'Silva
Director Of Analyst And Public RelationsLeadership
Diana Soler
Director Of Product Operations & Services EnablementLeadership

242 more people are available in the full profile.

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Investments & Acquisitions by Assent

Assent has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include iPoint Systems.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Cloud-based software for product compliance and sustainability is provided.
ipoint-systems.comReutlingen, Germany2001Jul 2026β€’β€’β€’β€’
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Complete acquisition details for Assent

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  • Deal sources
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  • Exports

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Timeline of Assent

5 dated milestones of Assent across 16 years, from founding to its latest funding, stage changes and deals.

  1. Founded Assent is founded.
  2. Funding First funding round of $15.9M.
  3. Funding Latest funding round, Series D, of $350.0M.
  4. Milestone Reaches Unicorn status.
  5. Acquisition Acquires iPoint Systems.

Competitors of Assent

Assent has 7 listed competitors in our database, 6 of them funded. They include EcoVadis, QIMA, SupplyShift, Source Intelligence and Everysens, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
ecovadis.com2007Paris, France$731.89M–
Sustainability ratings for supply chains are provided via SaaS platform.
qima.com2005Hong Kong, China–60
An app-based platform is provided for supplier compliance and audits.
supplyshift.net2012Santa Cruz, United States$23.12M40
Cloud-based platform for managing supply chain sustainability is offered.
sourceintelligence.com2008San Diego, United States$17.5M–
Compliance and ESG management software is provided for supply chains.
everysens.com2015Lille, France$6.58M–
Cloud-based platform for asset and cargo tracking is utilized.
worldfavor.com2009Stockholm, Sweden$14.65M–
Sustainability information is exchanged and managed through a web-based platform.
banqu.co2015Austin, United States$11.23M11
Blockchain-based SCM software enables secure refugee profiles.
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Detailed competitors of Assent

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Web traffic of Assent

The website of Assent (assent.com) receives about 90.4K visits a month and ranks #353,502 among all websites worldwide, #2,657 in Business Services.

  • Monthly visits
    90.4K

    ▲ 1.3% vs previous month

  • Unique visitors
    38.2K

    per month

  • Global rank
    #353,502

    among all websites

  • Category rank
    #2,657

    Business and Consumer Services · Business Services

Similar websites

Websites whose visitors overlap most with Assent. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
mic-cust.com
100%
–#840,239View details
sourceintelligence.com
91%
20.9K#1,215,474View details
greenscope.io
84%
17.2K#1,215,804View details
leansupplysolutions.com
84%
5.7K#3,342,608View details
supplychainbrief.com
84%
––View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 37 similar websites and full traffic analytics for Assent

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  • 37 similar websites
  • Audience overlap
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Top companies in Procurement & Supply Chain IT

10 companies that operate in the same segment as Assent (Procurement & Supply Chain IT), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud-based end-to-end spend management software is delivered for businesses.
2006San Mateo, California, United StatesUSD 169 MUSD 39.68 M648
Cloud-based positioning solutions are offered for industrial sectors.
1978Sunnyvale, California, United States–USD 3.59 B12,100
Zebra Technologies is recognized for providing intelligent operation solutions globally.
1969Lincolnshire, Illinois, United States–USD 5.43 B9,900
AI and cloud-based supply chain management solutions are provided.
1985Scottsdale, Arizona, United StatesUSD 800 M––
AI and SaaS-based robots for warehouse automation are provided.
2012Roswell, United StatesUSD 545.23 MUSD 39.76 M553
Provider of supply chain financing solutions for small and medium enterprises
2017Mumbai, Maharashtra, IndiaUSD 269.95 MUSD 48.5 M1,506
AI-based electronic invoicing and supply chain management solution for businesses
2009San Francisco, California, United StatesUSD 220.46 M–185
Contract lifecycle management software is developed using AI-powered intelligence.
2016San Carlos, California, United StatesUSD 154.69 M––
AI-powered software for legal contract management is utilized.
2012Lehi, Utah, United StatesUSD 170.95 M––
Procure-to-pay management software is offered for business operations.
2017San Francisco, California, United StatesUSD 90.5 M––
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Related news about Assent

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Frequently Asked Questions about Assent

Assent was founded in 2010 and raised its 1st funding round 6 years after it was founded.

Assent is headquartered in Ottawa, Canada. It is registered at Ottawa, Ontario, Canada.

Michael Southworth is the current CEO of Assent.

Assent is a funded company, having raised a total of $496.58M across 5 funding rounds to date. The company's 1st funding round was a Series A of $15.9M, raised on Jun 2016.

Assent was founded in 2010 and is headquartered in Ottawa, Canada. Web-based platforms are provided by the company to support sustainability and compliance in supply chains for manufacturers. Services encompass indirect supplier monitoring, data collection and analysis, reporting tools, supplier engagement processes, and trade compliance management. Operations focus on enabling data-driven decisions across global supply networks.

Assent's top competitors include EcoVadis, QIMA and Source Intelligence.

Assent offers Product Compliance Solutions, ESG Solutions, Trade Compliance Solutions, and Advisory Services.

Assent has made 1 acquisition, including iPoint Systems.

The valuation of Assent is $1B as of Jan 2022.

Assent operates through Assent Compliance Usa Ltd.

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