Ascent Business Technology
United States
Valuation · 1994
$30M
2021 Revenue
$7.1M
Funding
$4M
Team
85
Founded
2013
Ascent Business Technology Revenue, Valuation & Funding (2021)
Ascent Business Technology generated $7.1M in revenue 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.
Last updated
Ascent Business Technology Revenue
In 2021, Ascent Business Technology's revenue reached $7.1M.
| Year | Milestone | Source |
|---|---|---|
| 2021 | Ascent Business Technology Hit $7.1m revenue in April 2021 | Not recorded |
| 2013 | Launched with $0 revenue |
Ascent Business Technology Valuation, Funding Rounds
Ascent Business Technology reached a $30M valuation in 1994, set during its Pre-Seed round.
Ascent Business Technology has raised $4M in total funding across 1 round, most recently a $4M Pre-Seed round in 1994.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 1994 | Pre-Seed | $4M | $30M | 13% | Not recorded |
Founder / CEO
Kundan Shekhawat
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.
Customers
We do not have customer count information for Ascent Business Technology yet.
Ascent Business Technology Employees & Team Size
Ascent Business Technology employs approximately 85 people as of 2026, down from 94 in 1994, including 6 sales reps that carry a quota.
| Year | Milestone | Source |
|---|---|---|
| 2021 | Reached 85 employees (April 2021) | Not recorded |
| 1994 | Reached 94 employees (January 1994) | Not recorded |
Frequently Asked Questions about Ascent Business Technology
Is Ascent Business Technology still an independent company?
No. Ascent Business Technology was acquired by TraQiQ.
What is Ascent Business Technology's revenue?
As of 2021, Ascent Business Technology generated $7.1M in revenue.
Who founded Ascent Business Technology?
Ascent Business Technology was founded by Kundan Shekhawat.
How much funding does Ascent Business Technology have?
Ascent Business Technology raised $4M across 1 round.
How many employees does Ascent Business Technology have?
As of 2021, Ascent Business Technology had 85 employees.
Where is Ascent Business Technology headquartered?
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.
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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