About Assent
Assent is a company based in Ottawa (Canada) founded in 2010 by Matt Whitteker and Jonathan Hughes.. 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 offers products and services including Product Compliance Solutions, ESG Solutions, Trade Compliance Solutions, and Advisory Services. Assent operates in a competitive market with competitors including EcoVadis, QIMA, SupplyShift, Source Intelligence and Everysens, among others.
- Headquarter Ottawa, Canada
- Founders Matt Whitteker, Jonathan Hughes
- Stage Unicorn
-
Sectors
Technology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Assent Compliance Usa Ltd
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$496.58 M (USD)
in 5 rounds
-
Latest Funding Round
$350 M (USD), Series D
Jan 06, 2022
-
Investors
Royal Bank of Canada
& 7 more
-
Employee Count
Employee Count
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 Assent
Assent offers a comprehensive portfolio of products and services, including Product Compliance Solutions, ESG Solutions, Trade Compliance Solutions, and Advisory Services. 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.
Platform for standardizing and validating supply chain compliance data
Tools for ESG reporting and forced labor risk identification
Services for managing customs codes and international trade agreements
Expert support for regulatory and program management needs
Unlock access to complete
Unlock access to complete
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 Total Funding
- Total Rounds 5
- Last Round Series D — $350.0M
-
First Round
First Round
(06 Jun 2016)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2022 | Amount | Series D - Assent | Valuation | Vista Equity Partners |
|
| Oct, 2018 | Amount | Series C - Assent | Valuation | Warburg Pincus , First Ascent Ventures |
|
| Jul, 2017 | Amount | Series B - Assent | Valuation |
investors |
|
| 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 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. 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 |
|---|---|---|---|---|
|
Investments are directed toward high-growth enterprise software and technology companies.
|
Founded Year | Domain | Location | |
|
Multi-stage private equity investments are pursued across diverse sectors.
|
Founded Year | Domain | Location | |
|
Venture capital firm focused on technology companies
|
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 Assent
| 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 - Assent
| 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 |
Assent Comparisons
Competitors of Assent
Assent 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 EcoVadis, QIMA, SupplyShift, Source Intelligence and Everysens, 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 |
Sustainability ratings for supply chains are provided via SaaS platform.
|
|
| domain | founded_year | HQ Location |
An app-based platform is provided for supplier compliance and audits.
|
|
| domain | founded_year | HQ Location |
Cloud-based platform for managing supply chain sustainability is offered.
|
|
| domain | founded_year | HQ Location |
Compliance and ESG management software is provided for supply chains.
|
|
| domain | founded_year | HQ Location |
Cloud-based platform for asset and cargo tracking is utilized.
|
| 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 Assent
Frequently Asked Questions about Assent
When was Assent founded?
Assent was founded in 2010 and raised its 1st funding round 6 years after it was founded.
Where is Assent located?
Assent is headquartered in Ottawa, Canada. It is registered at Ottawa, Ontario, Canada.
Who is the current CEO of Assent?
Michael Southworth is the current CEO of Assent.
Is Assent a funded company?
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 B of $50K, raised on Jun 06, 2016.
What does Assent do?
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.
Who are the top competitors of Assent?
Assent's top competitors include EcoVadis, QIMA and Source Intelligence.
What products or services does Assent offer?
Assent offers Product Compliance Solutions, ESG Solutions, Trade Compliance Solutions, and Advisory Services.
Who are Assent's investors?
Assent has 8 investors. Key investors include Royal Bank of Canada, Warburg Pincus, National Research Council Canada, BDC, and Greenspring Associates.
What is Assent's valuation?
The valuation of Assent is $1B as of Jan 2022.