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United States
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.
Last updated
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 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.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 1994 | Pre Seed Round | $4M | $30M | 13% |
CEO
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.
| Question | Answer |
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| What's your age? | - |
| Favorite online tool? | - |
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| Favorite CEO? | - |
| Advice for 20 year old self | - |
We do not have customer count information for Ascent Business Technology yet.
Ascent Business Technology employs approximately 85 people as of 2026, down from 94 in 1994, including 6 sales reps that carry a quota.
Ascent Business Technology generates $7.1M in revenue.
Ascent Business Technology was founded by Kundan Shekhawat.
The CEO of Ascent Business Technology is Kundan Shekhawat.
Ascent Business Technology raised $4M across 1 round.
Ascent Business Technology has 85 employees.
Ascent Business Technology is headquartered in United States.
Ascent Business Technology operates across multiple industries. Browse revenue, funding, and growth data for Ascent Business Technology in each sector below.
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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Valuation
$30M
2021 Revenue
$7.1M
Funding
$4M
Team
85
Founded
2013
| Year | Milestone | Source |
|---|---|---|
| 2021 | Ascent Business Technology Hit $7.1m revenue in April 2021 | |
| 2013 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2021 | Reached 85 employees (April 2021) | |
| 1994 | Reached 94 employees (January 1994) |
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