Tech Company Financing Transactions

Ascensus Funding Round

Ascensus secured a funding round on 8/19/2026. Backers included Genstar Capital, GIC and Stone Point Capital.

Transaction Overview

Company Name
Announced On
8/19/2026
Transaction Type
Venture Equity
Amount
Unknown
Round
Undisclosed
Proceeds Purpose
The company intends to use the funds to continue investing in technology and AI, client service and experience, and broader operational capabilities to fuel long-term growth.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
200 Dryden Road
Dresher, PA 19025
USA
Phone
Undisclosed
Email Address
Not Recorded
Overview
Ascensus is a major American financial services company founded in 1980 and headquartered in Dresher, Pennsylvania. It is a leading independent recordkeeping services provider, retirement plan third-party administrator (TPA), and government savings facilitator, managing over $913 billion in assets for more than 16 million savers.
Profile
Ascensus LinkedIn Company Profile
Social Media
Ascensus Company Twitter Account
Company News
Ascensus News
Facebook
Ascensus on Facebook
YouTube
Ascensus on YouTube

Management Team

Title
Name
Email & Social
Chairman
David Musto
  David Musto LinkedIn Profile  David Musto Twitter Account  David Musto News  David Musto on Facebook
Chief Executive Officer
Nick Good
  Nick Good LinkedIn Profile  Nick Good Twitter Account  Nick Good News  Nick Good on Facebook
Chief Financial Officer
Marc Mehlman
  Marc Mehlman LinkedIn Profile  Marc Mehlman Twitter Account  Marc Mehlman News  Marc Mehlman on Facebook
Chief Information Officer
John Schroeder
  John Schroeder LinkedIn Profile  John Schroeder Twitter Account  John Schroeder News  John Schroeder on Facebook
Chief Marketing Officer
Emily Pachuta
  Emily Pachuta LinkedIn Profile  Emily Pachuta Twitter Account  Emily Pachuta News  Emily Pachuta on Facebook
Chief Operating Officer
Jim Gearin
  Jim Gearin LinkedIn Profile  Jim Gearin Twitter Account  Jim Gearin News  Jim Gearin on Facebook
VP - Bus. Development
Raghav Nandagopal
  Raghav Nandagopal LinkedIn Profile  Raghav Nandagopal Twitter Account  Raghav Nandagopal News  Raghav Nandagopal on Facebook
VP - General Counsel
Phillip Gillespie
  Phillip Gillespie LinkedIn Profile  Phillip Gillespie Twitter Account  Phillip Gillespie News  Phillip Gillespie on Facebook


 

 

Browse more venture capital transactions:

Prev: 8/19/2026: Medly AI venture capital transaction
Next: 8/19/2026: Rillet venture capital transaction

 

Share this article

 


Where The Data Comes From

We record funding rounds that are announced publicly. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary