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How Ascent Business Technology CEO Kundan Shekhawat grew Ascent Business Technology to $7.1M revenue with a 85 person team in 2021.

Developer of software platform intended to simplify financial processes and compliance. The company's platform automates transaction processing, reconciliation and business continuity management and offers financial control and real-time enterprise resilience catering to banking and financial industry.

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Ascent Business Technology Revenue

In 2021, Ascent Business Technology's revenue reached $7.1M. Since its launch in 2013, Ascent Business Technology has shown consistent revenue growth.

Ascent Business Technology Revenue GrowthReported revenue / ARR by year$0$2M$3M$5M$6M$8M201320142015201620172018201920202021$0$7MSource: GetLatka.com
YearMilestone
2021Ascent Business Technology Hit $7.1m revenue in April 2021
2013Launched with $0 revenue

Ascent Business Technology Valuation, Funding Rounds

Ascent Business Technology reached a $30M valuation in 1994, set during its Pre Seed Round round.

Ascent Business Technology has raised $4M in total funding across 1 round, most recently a $4M Pre Seed Round round in 1994.

Ascent Business Technology Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$8M$15M$23M$30M$38M199419961998200020022004200620082010201220131994 cumulative: $4M • 1994 Pre Seed Round: $4M @ $30M valuation2013 cumulative: $4M • 1994 Pre Seed Round: $4M @ $30M valuation • 2013 Founded: $0$4M1994 Pre Seed Round: $30M valuation$30M2013 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
1994Pre Seed Round$4M$30M13%

Ascent Business Technology Employees & Team Size

Ascent Business Technology employs approximately 85 people as of 2026, down from 94 in 1994.

Ascent Business Technology has 85 total employees in different roles and functions and 6 sales reps that carry a quota.

Ascent Business Technology Team GrowthReported headcount over time0204060801001994199619982000200220042006200820102012201420162018202020219494008585Source: GetLatka.com
YearMilestone
2021Reached 85 employees (April 2021)
1994Reached 94 employees (January 1994)

Founder / CEO

Kundan Shekhawat

Best known for his dynamic leadership, Kundan Shekhawat, CEO of Ascent Technology Consulting, is responsible for steering the company to where it is today. Raised in a humble family and disciplined military background, he is a down to earth visionary with deeply rooted values. He has vast experience in financial services & extensive expertise in Product Development Engineering, strategy & P&L management. With a career spanning 18+ years, his vision was the one that carried Ascent through its successive stages of growth. A passionate entrepreneur, Kundan’s determination built the organization to constantly enhance competitiveness, profitability, customer focus, partnership, branding, corporate values & governance.

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Customers

We do not have customer count information for Ascent Business Technology yet.

Frequently Asked Questions about Ascent Business Technology

What is Ascent Business Technology's revenue?

Ascent Business Technology generates $7.1M in revenue.

Who founded Ascent Business Technology?

Ascent Business Technology was founded by Kundan Shekhawat.

Who is the CEO of Ascent Business Technology?

The CEO of Ascent Business Technology is Kundan Shekhawat.

How much funding does Ascent Business Technology have?

Ascent Business Technology raised $4M.

How many employees does Ascent Business Technology have?

Ascent Business Technology has 85 employees.

Where is Ascent Business Technology headquarters?

Ascent Business Technology is headquartered in United States.

Compare Ascent Business Technology to the industry

Ascent Business Technology operates across multiple industries. Browse revenue, funding, and growth data for Ascent Business Technology in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

Ascent Business Technology Revenue 2021: $7.1M ARR