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Ascent's
Customers
and Investors

Our investors include some of the biggest and most innovative CUSOs, tech-forward banks and fintech-focused VCs, and our advisors include well-respected leaders in the financial services industry. We lean on them for strategic guidance as well as connecting Ascent with like-minded bank and credit union executives and industry thought leaders.

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Foundation Capital LLC is a venture capital firm that invests in a variety of sectors, including information technology infrastructure, applications, energy, and fintech. The firm's portfolio includes investments in a wide range of companies, particularly in the enterprise, applications, and data sectors. Foundation Capital is known for its focus on high-conviction, high-ownership, high-touch seed-stage investing.
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FirstBank is a $13B publicly-traded community bank and one of the largest financial institutions in the southeast US. It has 82 full-service branch locations and is one of the strongest banks in the country, with a five-star, superior rating from BauerFinancial. 
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Trustage Ventures is the corporate venture arm of Trustage (part of CUNA Mutual Group). TruStage is a financial services brand that provides insurance, investments, and technology solutions; Trustage insures and maintains commercial relationships with 99% of credit unions in the United States.
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Michigan State University Federal Credit Union ($8B in assets) is one of the most tech-forward credit unions and a leader in credit union digital transformation. In addition to investing, MSU is deploying Ascent with an initial use case of small business loan application, decisioning, and monitoring.
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Grasshopper ($700M in assets) is a digital bank led by former leadership of Radius Bank, one of the original tech forward challenger banks. In addition to investing, Grasshopper is deploying Ascent to enable SMB decisioning and continuous monitoring for their revolving credit line and term loan. In addition, Ascent will digitize and streamline their ACH risk workflows.
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Alloy Labs' mission is to level the playing field for community and mid-size banks and empower them to thrive and enrich their communities by implementing products and services that make their customers' lives better.
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Correlation Ventures is a new breed of venture capital firm, leveraging world-class AI to offer entrepreneurs and other venture capitalists a dramatically better option when they are seeking additional capital to complete a financing round.
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Reseda Group (MSUFCU's CUSO) invests in strategic partners to bring new technologies, digital resources, and industry solutions to the market, with a focus on helping credit unions thrive by delivering innovative products and solutions to their members. 
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Commercial Alliance is one of the country's largest credit union servicing organizations (CUSO). In addition to investing, Commercial Alliance is deploying Ascent for continuous monitoring of their commercial loans plus follow-on use cases.
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Capvia is a fintech lender that helps small businesses gain access to financing. They work with over 20 direct lenders. Ascent is serving as the core operating system for loan applications, decisioning, monitoring, as well as data sharing with their partner lenders.
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