Ascent Platform Corporation raised $5.3M in funding led by Foundation Capital, TruStage Ventures Discovery Fund, Alloy Labs, Reseda Group, and other investors to expand operations and business reach.
Mar 19, 2024•over 1 year ago
Amount Raised
$5.3 Million
Investors
Reseda GroupAlloy LabsTru Stage Ventures Discovery FundFoundation Capital
Description
Ascent Platform Corporation, a NYC-based provider of financial portability solutions for banks and credit unions, raised $5.3M in funding. The round was led by Foundation Capital, TruStage Ventures Discovery Fund, Alloy Labs, Reseda Group, and other investors. The company intends to use the funds to expand operations and its business reach.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers