UChicago slips into Ascent’s $6m series A

Mar 6, 2018 •

Ascent Technologies, a US-based compliance regulation software developer, has secured $6m in a series A round that featured University of Chicago (UChicago)’s Startup Investment Program.

The round was led by venture capital firm Alsop Louie Partners and also featured Temerity Capital Partners and assorted private backers.

UChicago Startup Investment Program, a $25m co-investment vehicle launched in 2016 to invest in university-affiliated startups, contributed $315,000 to the round.

Founded in 2015, Ascent Technologies has created a software-as-a-service platform that helps…

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