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Ascender Group

Sydney, New South Wales, Australia

Valuation · 2020

$750M

2023 Revenue

$67.1M(Est.)

Funding

$100M

Team

364

Founded

2003

Ascender Group Revenue, Valuation & Funding (2023)

Ascender Group generated an estimated $67.1M in annual revenue in 2023. Source: GetLatka estimate

Ascender Group is a provider of payroll service intended to deliver human capital management services. The company offers consolidated reporting in the currency and language. It provides tailored services that are fully managed enabling clients to tackle very large, complex issues that require processor-engineering, process standardization, automation and extended payroll-services. Ascender was founded in 2007 and is headquartered in Sydney, Australia. The company seeks to expand its business portfolio through mergers and acquisitions.

Last updated

Ascender Group Revenue

In 2023, Ascender Group's revenue reached $67.1M. The company previously reported $100M in 2019.

Ascender Group Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$25M$50M$75M$100M$125M20032005200720092011201320152017201920212023$0$100M$67.1MSource: GetLatka.com
YearMilestoneSource
2023Ascender Group Hit $67.1m revenue in December 2023Estimated
2019Ascender Group Hit $100m revenue in December 2019Not recorded
2003Launched with $0 revenue

Ascender Group Valuation, Funding Rounds

Ascender Group reached a $750M valuation in 2020, set during its Valuation round.

Ascender Group has raised $100M in total funding across 1 round, with its most recent round in 2017.

Ascender Group Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$200M$25M$400M$50M$600M$75M$800M$100M$1B$125M2003200520072009201120132015201720192020$750MSource: GetLatka.com
YearRoundAmountValuation% SoldSource
2020Valuation-$750M-Not recorded
2017Funding round$100M--Not recorded

Founder / CEO

Andrew Wilson

CEO

Andrew is the Chief Executive Officer of Ascender. Prior to his appointment, Andrew was the Head of Strategy and had been instrumental in transforming customer satisfaction and experience levels. He has extensive strategy experience including as General Manager of Strategy, Planning and Innovation at Coca-Cola Amatil and, prior to that, as a management consultant with Bain & Company. Andrew is also a member of the Board of ReachOut Australia and holds a Bachelor of Engineering (Honours & University Medal) from the University of Sydney and a Masters of Business Administration (Distinction) from London Business School.

Customers

We do not have customer count information for Ascender Group yet.

Ascender Group Employees & Team Size

Ascender Group employs approximately 364 people as of 2026, down from 383 in 2022, including 46 sales reps that carry a quota.

Ascender Group Team GrowthReported headcount over time02004006008001,0002003200520072009201120132015201720192021202300364364Source: GetLatka.com
YearMilestoneSource
2023Reached 364 employees (December 2023)Not recorded
2022Reached 383 employees (December 2022)Not recorded
2021Reached 535 employees (December 2021)Not recorded
2021Reached 768 employees (April 2021)Not recorded

Frequently Asked Questions about Ascender Group

Is Ascender Group still an independent company?

No. Ascender Group was acquired.

What is Ascender Group's revenue?

As of 2023, Ascender Group generated an estimated $67.1M in annual revenue.

Who founded Ascender Group?

Ascender Group was founded by Andrew Wilson.

How much funding does Ascender Group have?

Ascender Group raised $100M across 1 round.

How many employees does Ascender Group have?

As of 2023, Ascender Group had 364 employees.

Where is Ascender Group headquartered?

Ascender Group is headquartered in Sydney, New South Wales, Australia.

Compare Ascender Group to the industry

Ascender Group operates across multiple industries. Browse revenue, funding, and growth data for Ascender Group in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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