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The Venture Codex

Ascend

6005 Ne Kelden Pl, Seattle, WA, 98105, United States

Overview

Investment firm focused on pre-seed funding in various sectors.

Founded

2019

Deals ยท 12mo

5

Links

WebsiteLinkedInX (Twitter)

Stage focus

Seed

Geographic focus

Canada
United States

Sector focus

E-Commerce
Financial Services
Venture Capital

Investment portfolio

37rounds
NAMEDATESIZE
Hearvana
Aug 2026Participated
$6 MSeed
Endurance Energy
Jun 2026Participated
$54 MSeries A
StitcherAI
May 2026Participated
$3 MSeed
AZX
Jan 2026Participated
$6 MSeed
Govstream.ai
Dec 2025Participated
$4 MSeed
Overland AI
Jan 2025Participated
$32 MSeries A
Moondream
Oct 2024Participated
$5 MSeed
Topicflow
Jun 2024Participated
$2 MSeed
Overland AI
May 2024Participated
$10 MSeed
Velou
Mar 2024Participated
$4 MSeed
Finpilot
Feb 2024Participated
$4 MSeed
Zocks
Feb 2024Participated
$6 MSeed
Hearvana
Aug 2026Participated
$6 MSeed
Endurance Energy
Jun 2026Participated
$54 MSeries A
StitcherAI
May 2026Participated
$3 MSeed
AZX
Jan 2026Participated
$6 MSeed
Govstream.ai
Dec 2025Participated
$4 MSeed
Overland AI
Jan 2025Participated
$32 MSeries A
Moondream
Oct 2024Participated
$5 MSeed
Topicflow
Jun 2024Participated
$2 MSeed
Overland AI
May 2024Participated
$10 MSeed
Velou
Mar 2024Participated
$4 MSeed
Finpilot
Feb 2024Participated
$4 MSeed
Zocks
Feb 2024Participated
$6 MSeed
37
Items
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Insights

Time horizon

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Deal Distribution

Ascend: 37 funding rounds are recorded in the selected participation categories.All available history.
Ascend: 37 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed321
Series A13
Series B02
Other Equity07

Monthly Deal Activity

Ascend: 37 deals are recorded across 216 months.All available history.
Ascend: 37 deals are recorded across 216 months. All available history
MonthDeals
Nov '081
Dec '080
Jan '090
Feb '090
Mar '090
Apr '090
May '090
Jun '090
Jul '090
Aug '090
Sep '090
Oct '090
Nov '090
Dec '090
Jan '100
Feb '100
Mar '100
Apr '100
May '100
Jun '100
Jul '100
Aug '100
Sep '100
Oct '100
Nov '100
Dec '100
Jan '110
Feb '110
Mar '110
Apr '110
May '110
Jun '110
Jul '110
Aug '110
Sep '110
Oct '110
Nov '110
Dec '110
Jan '120
Feb '120
Mar '120
Apr '121
May '120
Jun '120
Jul '120
Aug '120
Sep '120
Oct '120
Nov '120
Dec '120
Jan '130
Feb '130
Mar '130
Apr '130
May '130
Jun '130
Jul '130
Aug '130
Sep '130
Oct '130
Nov '130
Dec '130
Jan '140
Feb '140
Mar '140
Apr '140
May '140
Jun '140
Jul '140
Aug '140
Sep '140
Oct '140
Nov '140
Dec '140
Jan '150
Feb '150
Mar '150
Apr '150
May '150
Jun '150
Jul '150
Aug '150
Sep '150
Oct '150
Nov '150
Dec '150
Jan '160
Feb '160
Mar '160
Apr '160
May '160
Jun '160
Jul '160
Aug '160
Sep '160
Oct '160
Nov '160
Dec '160
Jan '170
Feb '170
Mar '170
Apr '170
May '170
Jun '170
Jul '170
Aug '170
Sep '170
Oct '170
Nov '170
Dec '170
Jan '180
Feb '180
Mar '180
Apr '180
May '180
Jun '180
Jul '180
Aug '180
Sep '180
Oct '180
Nov '180
Dec '180
Jan '190
Feb '190
Mar '190
Apr '191
May '190
Jun '190
Jul '190
Aug '190
Sep '190
Oct '190
Nov '190
Dec '190
Jan '200
Feb '200
Mar '200
Apr '200
May '200
Jun '200
Jul '200
Aug '200
Sep '201
Oct '200
Nov '200
Dec '201
Jan '212
Feb '211
Mar '211
Apr '211
May '211
Jun '210
Jul '211
Aug '211
Sep '211
Oct '211
Nov '211
Dec '210
Jan '220
Feb '220
Mar '221
Apr '220
May '220
Jun '220
Jul '220
Aug '222
Sep '220
Oct '221
Nov '220
Dec '220
Jan '231
Feb '230
Mar '230
Apr '231
May '230
Jun '231
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '231
Jan '240
Feb '243
Mar '241
Apr '240
May '241
Jun '241
Jul '240
Aug '240
Sep '240
Oct '241
Nov '240
Dec '240
Jan '251
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '251
Jan '261
Feb '260
Mar '260
Apr '260
May '261
Jun '261
Jul '260
Aug '261
Sep '260
Oct '260

Sector Breakdown

Ascend: AI & Machine Learning is the largest displayed sector by deal count (16 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Ascend: AI & Machine Learning is the largest displayed sector by deal count (16 deals). All available history
SectorDeals
AI & Machine Learning16
Enterprise Software15
Networks, Cloud & Communication12
E-Commerce & Retail7
Fintech7
Hardware & Robotics6
Transportation & Logistics3
Marketing & Advertising3
Clean Energy & Sustainability2
Data, Analytics & IT2
Real Estate & Construction2
Media & Entertainment2
Health & Life Sciences2
Professional Services2
Developer Tools2
Travel & Hospitality1
Government & Defense1
Cybersecurity & Privacy1
Manufacturing1
Food & Agriculture1
Gaming & eSports1

Deal Size Distribution

Ascend: 37 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Ascend: 37 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M21
$5M-$10M8
$10M-$25M5
$25M-$50M2
$50M-$100M1
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Ascend: United States has the largest recorded deal count among the displayed regions (34 deals).All available history.

Top 3 of 3 regions; European countries are grouped as Europe.

Ascend: United States has the largest recorded deal count among the displayed regions (34 deals). All available history
RegionDeals
United States34
Canada2
981091
Ascend: 20 co-investors are shown, with Madrona Venture Group sharing 8 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Ascend: 20 co-investors are shown, with Madrona Venture Group sharing 8 recorded deals. All available history
Co-investorShared deals
Madrona Venture Group8
Point72 Ventures5
Founders' Co-op4
PSL Ventures4
AI2 Incubator3
Flying Fish Partners3
J4 Ventures3
Black Diamond Ventures2
Felicis Ventures2
Lightspeed Venture Partners2
Liquid 2 Ventures2
Pack Ventures2
Powerhouse Ventures2
Shasta Ventures2
Tech Square Ventures2
Techstars2
Voyager Capital2
Vulcan Capital2
Y Combinator2
200 OK1

Investment Strategy

Ascend: Led accounts for 11% and participating for 89% of round participation.All available history.
Ascend: Led accounts for 11% and participating for 89% of round participation. All available history
CategoryDeals (count)Share (%)
Led411%
Participating3389%
Ascend: Single-lead accounts for 75% and co-led for 25% of lead dynamics.All available history.
Ascend: Single-lead accounts for 75% and co-led for 25% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead375%
Co-led125%

Team

Gavin Hewitt

Operating Partner

Kirby Winfield

Founding General Partner