HMB represents Ascent in $19.3 Million Series B Funding Round

Brian Axelrad, Renee Rossi, Rober Schaul represent Ascend in Series B Financing

HMB represented Ascent in a $19.3 Million Series B Funding Round, led by Drive Capital.

Ascent is an AI-driven solution company. Their goal is to help customers automate regulatory compliance by delivering customers regulatory knowledge in the form of a dynamic obligations register. This approach reduces the mundane and error-prone manual efforts of regulatory research and analysis.

With Series B Funding, Ascent will continue to grow its team, product and brand awareness in the financial compliance space.

Read the company press release here.

HMB's team was led by Corporate Partners Brian H. Axelrad and Renee A. Rossi and Corporate Associate Robert J. Schaul. Learn more about HMB's Venture Capital and Emerging Companies practice here.

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