Ascend Venture Capital
4220 Duncan Avenue, Suite 201, St. Louis, MO, 63110, United States
Overview
Ascend Venture Capital is a venture capital company that supports data-centric companies. It partners with founders to provide support both financially and operationally, collaborating in the storied journey toward scale. The firm was founded in 2015 and is headquartered in Saint Louis, Missouri.
- Total investments
- 6
- Lead investments
- 0
- Investments · 12mo
- 1
- Active investors
- 2
Sector focus
- Finance
- Financial Services
- Impact Investing
Investment portfolio
- Overland AI
Participated · Equity · Feb 2026
Founded in 2022, Seattle-based Overland AI builds full-stack autonomous land systems designed to remove warfighters from harm by executing high-risk ground missions. Its flagship product, ULTRA, is an autonomous ground vehicle capable of navigating off-road, in GPS-denied environments, and without direct operator control. The company combines engineers from the self-driving industry with U.S. military veterans to ensure rigorous field testing and operational relevance. Overland AI’s technology spans autonomy software, perception sensors, control systems, and in-house manufacturing, enabling rapid scaling for military deployments. The newly secured capital will be directed toward meeting accelerating demand for ULTRA as armed forces integrate ground autonomy into active units. Although no revenue or user figures were disclosed, the company emphasizes speed and scale in fulfilling defense contracts and delivering multiple attritable vehicles with modular payloads.
- Boat Planet
Participated · Seed · Feb 2024
Boat Planet is a St. Louis, MO–based marketplace that connects boat owners with marine professionals to streamline boat repair and maintenance. Led by Michael Kiel, the platform helps users find marine services, obtain quotes, and make secure payments. The company reports a community of over 35,000 professionals nationwide. Boat Planet raised $1.2M in seed funding to continue enhancing the platform’s features and expand its reach across the nation. The service aims to simplify the process of finding marine services and to be the go-to platform for boat enthusiasts.
- Avante AI
Participated · Seed · Jan 2024
Avante is a stealth Seattle-based startup pursuing a large untapped category in enterprise software. The company is led by CEO and co-founder Rohan D’Souza and co-founder Carly Eckert, MD, Ph.D., with Kabir Shahani as executive chair. Avante began development in fall 2023 after completing an exhaustive market analysis and has spent months engaging with prospective customers and stakeholders. The team includes former OliveAI executives and aims to accelerate product development, engineering and data science work. The company plans to recruit top talent and expects to quadruple its core development team in the next 12 months. Avante raised $10 million in seed funding to support these efforts and directs updates to avante.ai.
- Utopia Labs
Participated · Equity · Oct 2021
Utopia Labs is building an infrastructure stack and operating system for DAOs, beginning with payments functionality. Its V1 product focuses on member payments, invoice and reimbursement workflows, and batching transactions across multiple people and coins. The product is built on top of Gnosis SAFE, the financial core used by many DAOs. The team plans to add financial analysis and accounting features to attach labels and metadata to payments to avoid manual accounting via Etherscan dumps. Forward roadmap items include traditional fiat currency services, cross-chain DAO support, real-world compliance workflows and partnerships across the DAO ecosystem. The company was founded in September and has raised capital to begin hiring engineering staff.
- StoryFit
Participated · Equity · Mar 2019
StoryFit delivers AI-powered Story Science across a story’s lifecycle, from acquisition and creative development through production greenlight and marketing and distribution. The company uses machine learning to measure over 100,000 key features and compare titles to thousands of other scripts or books to generate actionable audience and creative insights. StoryFit serves the entertainment and publishing industries with solutions designed to inform creative decisions and marketing. Led by CEO Monica Landers with COO Marc Evans, Head of Growth and Revenue Kymn Goldstein, and Andy Terrel, PhD., the company emphasizes technical and industry expertise. StoryFit raised a $5.5M Series A to expand client solutions and execute a hiring strategy focused on machine learning, marketing and sales. The firm is based in Austin, TX. StoryFit offers a data-driven platform that applies artificial intelligence to content, measuring more than 100,000 features and comparing works to thousands of other books or scripts to generate actionable insights. The platform is designed to inform decision making across a story’s lifecycle, from acquisition and creative development through production greenlight and marketing and distribution. Led by founder and CEO Monica Landers, COO Rudy Prince and CTO Mark Bessen, the company targets publishers and entertainment companies seeking predictive content analytics. StoryFit raised new funding to accelerate product development and hires. The company plans to use the funds to advance content-based analytics, including predictive technology, audience identification and analysis of industry trends.