Ascend

Last month, Skydio announced that it was shutting down its consumer drone business. DJI continues to dominate the category globally, but when the Shenzhen-based firm found itself on the wrong…

Skydio’s enterprise pivot kicks off with a new drone

Investing in artificial intelligence (AI) startups is the latest bandwagon VCs are piling onto. But as last year’s crypto experts quickly work to rebrand as AI experts, they’ll have to…

Ascend raises $25 million for pre-seed AI startups in the Pacific Northwest

Despite the venture capital asset class sitting on historic levels of dry powder, many investors aren’t deploying it, leaving their portfolio companies scrambling for financing. Venture funding has been declining…

Battle of the bridge: Startups struggle to secure runway financing

Ascend.io, a company developing data automation products for enterprise customers, has raised $31 million in a Series B round led by Tiger Global with participation from Shasta Ventures and existing…

Ascend.io lands $31M to automate data pipeline orchestration

Offering monthly flexible payments at the point of sale has resulted in customers seeing an increase in policy purchase conversion, in some cases at double the rate.

Ascend’s BNPL approach to insurance lifted by $280M in new equity, debt