Company Performance Metrics
Tom Scanlon: Chief Financial OfficerPast Role: Textron, Planning and Analysis
Matt Fates: General PartnerPast Role: Gold Wire Technology, Business Development/Product Management (MBA Summer)
Ascent is a venture capital firm that invests in early stage, emerging technology companies.
At Ascent, they don’t jump on the latest trends in general technology. Instead, they remain dedicated to investing in a singular space with enormous market potential -- enterprise IT innovation.
Their singular focus on enterprise IT, combined with
their 28 years of experience and over 100 early stage investments, has yielded powerful results that speak to their deep knowledge, expertise, commitments and networks.
Today, enterprise IT is in the midst of tremendous disruption. Between the shift to the cloud, mobility, consumerization of IT, data analytics and entirely new security architectures, both major challenges and tremendous opportunities abound. Over the next decade, the enterprise IT market will be transformed by these disruptive trends, providing lucrative opportunities for innovative early stage companies to emerge, develop new markets, and become the dominant IT companies of the future.
They have a firm-wide commitment to backing companies that have courageous ideas about how technology can transform business and create market-leading companies along the way. Their partners, funds and extensive network are dedicated entirely to supporting companies in the enterprise IT arena, and helping them to be the best they can be.
Ascent invests in early stage companies in the east coast with initial investment ranging from $2 million to $5 million.
