Tech Company Financing Transactions

Ascentis Funding Round

Ascentis, operating out of Eden Prairie, secured $7 million from Catalyst Investors, Palm Ventures and private investors.

Transaction Overview

Company Name
Announced On
1/22/2015
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Undisclosed
Investors

Catalyst Investors (Lead Investor) (Tyler Newton)

Palm Ventures

Proceeds Purpose
Ascentis is committed to the necessary resources required and will invest the capital in development of next generation HCM products, as well as expanding its U.S. presence and penetration through various go-to-market strategies, both directly and through key business partnerships.

Company Information

Company Status
Private & Independent
Industry
Software
Mailing Address
11995 Singletree Ln. 400
Eden Prairie, MN 55344
USA
Email Address
Overview
Ascentis human resources management software and online payroll processing services are easy to set up, use, and are fully backed by friendly customer support professionals.
Profile
Ascentis LinkedIn Company Profile
Social Media
Ascentis Company Twitter Account
Company News
Ascentis News
Facebook
Ascentis on Facebook
YouTube
Ascentis on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Brian Provost
  Brian Provost LinkedIn Profile  Brian Provost Twitter Account  Brian Provost News  Brian Provost on Facebook
Chief Financial Officer
Brandon Grinwis
  Brandon Grinwis LinkedIn Profile  Brandon Grinwis Twitter Account  Brandon Grinwis News  Brandon Grinwis on Facebook
Chief Marketing Officer
Troy Thibodeau
  Troy Thibodeau LinkedIn Profile  Troy Thibodeau Twitter Account  Troy Thibodeau News  Troy Thibodeau on Facebook
Vice President
Eugene Goyfman
  Eugene Goyfman LinkedIn Profile  Eugene Goyfman Twitter Account  Eugene Goyfman News  Eugene Goyfman on Facebook
VP - Product Management
Jeffrey Cronin
  Jeffrey Cronin LinkedIn Profile  Jeffrey Cronin Twitter Account  Jeffrey Cronin News  Jeffrey Cronin on Facebook
VP - Sales
Stephen Byrnes
  Stephen Byrnes LinkedIn Profile  Stephen Byrnes Twitter Account  Stephen Byrnes News  Stephen Byrnes on Facebook
VP - Sales
Joelle Vail
  Joelle Vail LinkedIn Profile  Joelle Vail Twitter Account  Joelle Vail News  Joelle Vail on Facebook


 

 

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We document every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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