Ascent AI
- Company typePrivate
- Founded2015
- HeadquartersChicago, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
Ascent AI firmographics
Firmographics- Name
- Ascent AI
- Legal name
- Ascent Technologies, Inc.
- Website
- https://ascentregtech.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Ascent AI industry classification
Industry- Product category
- Regulatory Compliance Software (RegTech)
- NAICS
- Software Publishers (513210)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- Risk, Controls & Governance (GRC) Platforms (FSAFAOAG)
- akta.pro secondary industries
- AI Governance, Risk & Compliance (GRC) Platforms (HDAAAMAA), Enterprise AI Governance, Risk & Compliance Platforms (Model Risk, Audit, Policies) (HDAEANAE), Model Risk Management & AI Governance (validation, monitoring, explainability) (FSAGAFAL)
Keywords
Where Ascent AI is headquartered
LocationHeadquarters
- HQ city
- Chicago
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Ascent AI business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations
Revenue model
- SaaS Subscription: AscentAI operates on a subscription-based SaaS model. Customers sign up for solutions ranging from one month to three years, with automatic renewal. Payment is via credit card or ACH debit. The platform provides regulatory lifecycle management services with tiered access to AscentHorizon (horizon scanning) and AscentFocus (change management) modules.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Enterprise subscription with customizable contract terms |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
Ascent AI product offering
Product offeringCore offering
Ascent AI sells an AI-powered Regulatory Lifecycle Management (RLM) SaaS platform that automates how financial institutions identify, extract, and operationalize regulatory obligations. The platform combines global horizon scanning (AscentHorizon) with obligation-based change management (AscentFocus), and integrates with leading GRC platforms to automatically propagate regulatory updates into customer policies and controls. Target customers are banks, broker-dealers, credit unions, fintechs, and other regulated financial services firms.
Product overview
AscentAI offers a Regulatory Lifecycle Management Platform consisting of two integrated modules: AscentHorizon for global horizon scanning and AscentFocus for change management automation. The platform is powered by patented AI technology that automatically extracts obligations from regulatory text, generates plain-language summaries, compares current vs. new text, and integrates with leading GRC platforms for automated policy and control updates. The company also acquired Waymark (UK) to enhance horizon scanning capabilities.
Differentiator
Problem solved
Functional benefit
Brands
- AscentHorizon: Global horizon scanning tool providing streamlined, consolidated view of regulatory content including news, guidance, enforcement actions, and amendments.
- AscentFocus
- Regulatory Lifecycle Management (RLM) Platform
Products and services
- AscentAI Regulatory Lifecycle Management (RLM) Platform
Quantifiable outcome
- Processes that previously took days of manual review and multi-team coordination now occur in minutes with complete traceability.
- +4 more outcomes
Companies that use Ascent AI
Customer profileNamed customers3 records
Segments6 records
Ideal customer profiles3 records
Ascent AI technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
AI capability6 records
Feature7 records
Ascent AI partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core.
- MegaCorpcoreGRC platform integration partner. AscentAI's regulatory intelligence capabilities are integrated with MegaCorp's GRC platform to provide seamless regulatory change management and policy/control synchronization.
- MicrosoftcoreGRC platform integration partner. AscentAI integrates with Microsoft ecosystem for GRC management and regulatory compliance automation.
- LogicgatecoreGRC platform integration partner providing seamless connectivity between AscentAI's regulatory intelligence and Logicgate's risk and compliance management platform.
- OnspringcoreGRC platform integration partner enabling automated regulatory change propagation to policies and controls within the Onspring platform.
- ResolvercoreGRC platform integration partner providing enterprise risk management and compliance automation capabilities.
- CorestreamcoreGRC platform integration partner enabling benefits compliance and regulatory management solutions.
- CRC OystercoreCompliance advisory partner providing consulting services to financial institutions. AscentAI integrates with CRC Oyster's advisory practice to deliver comprehensive regulatory compliance solutions to clients.
Scale indicators5 records
Recent moves6 records
Expansion highlights6 records
Ascent AI competitors and assessment
Company assessmentDirect peers
- Wolters Kluwer OneSumX: Wolters Kluwer's OneSumX for Regulatory Reporting serves banks and financial institutions with regulatory data, reporting, and compliance workflows, directly overlapping AscentAI's change-management and obligation-tracking capabilities.
- Thomson Reuters Regulatory Intelligence: Provides horizon scanning, regulatory intelligence, and compliance tracking for financial institutions globally, competing head-to-head with AscentHorizon's monitoring and alerting functionality.
- Regnology: Regnology (formerly BearingPoint RegTech) offers regulatory reporting and compliance solutions to banks and supervisors, directly comparable to AscentAI's RegTech stack for financial institutions.
- Corlytics: AI-driven regulatory risk intelligence and compliance platform focused on financial services, with overlapping obligations-tracking and risk analytics capabilities.
- SteelEye: Compliance monitoring and regulatory reporting platform purpose-built for financial services firms, with similar AI-assisted compliance automation focus.
Emerging players
- Droit: An emerging RegTech firm offering AI-powered decisioning and compliance tooling for financial institutions, with partial overlap to AscentAI's obligation-extraction and policy automation use cases.
- Compliance.ai: AI-driven regulatory change management platform for banks and fintechs, an earlier-stage direct overlap with AscentAI's horizon scanning and change management modules.
Broad incumbents
- ServiceNow GRC: Broad enterprise GRC platform embedded across large financial institutions; competes with AscentAI indirectly by offering integrated policy, risk, and compliance management at scale.
- IBM OpenPages: IBM's OpenPages GRC platform is widely deployed in Tier 1 banks and could either integrate or compete with AscentAI's regulatory intelligence layer.
- SAP GRC: SAP's governance, risk, and compliance suite serves large enterprises including financial institutions, representing a broad incumbent that could absorb obligation-tracking capabilities.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Ascent AI social profiles
Digital presenceAscent AI compliance and trust
Trust signalCompliance1 record
Ascent AI financial estimates
Financial estimateRevenue estimate
Valuation estimate
Ascent AI leadership team
Management profileNumber of profiles
Profiles10 records
Ascent AI subsidiaries and ownership
Company hierarchySubsidiaries1 record
Ascent AI funding detail
Funding detailFunding overview
Funding rounds4 records
Investors7 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Ascent AI M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Ascent AI
What does Ascent AI do?
Ascent AI sells an AI-powered Regulatory Lifecycle Management (RLM) SaaS platform that automates how financial institutions identify, extract, and operationalize regulatory obligations. The platform combines global horizon scanning (AscentHorizon) with obligation-based change management (AscentFocus), and integrates with leading GRC platforms to automatically propagate regulatory updates into customer policies and controls. Target customers are banks, broker-dealers, credit unions, fintechs, and other regulated financial services firms.
Is Ascent AI a public or private company?
Ascent AI is a private company. It is classified as private equity controlled and is currently operating.
When was Ascent AI founded?
Ascent AI was founded in 2015. It employs 11 to 50 people.
Where is Ascent AI based?
Ascent AI is headquartered in Chicago, United States, in the North America region.
How does Ascent AI make money?
One revenue line is on record: saaS Subscription.
Who are Ascent AI's main competitors?
Direct peers on record are Wolters Kluwer OneSumX, Thomson Reuters Regulatory Intelligence, Regnology, Corlytics and SteelEye. Emerging players are Droit and Compliance.ai. Broad incumbents are ServiceNow GRC, IBM OpenPages and SAP GRC.
Does Ascent AI have an API?
Yes. AscentAI offers a lightweight API for integration with GRC platforms. The API enables out-of-the-box readiness for customer implementations, powering rapid onboarding and deployment with low customer IT impact. Product Development team works side-by-side with partner engineers to configure integrations for rapid deployment.
What industry is Ascent AI in?
Ascent AI's product category is Regulatory Compliance Software (RegTech). Its primary akta.pro industry code is FSAFAOAG, Risk, Controls & Governance (GRC) Platforms, with a secondary code of HDAAAMAA, AI Governance, Risk & Compliance (GRC) Platforms. Its NAICS code is 513210 and its SIC code is 7372.