Ascend Analytics

Ascend Analytics

Software and consulting for renewable energy analytics

About

Ascend Analytics provides software and consulting services aimed at supporting the transition to renewable energy. Their products, which include Market Intelligence, BatterySIMM, SmartBidder, PowerSIMM, Ascend Energy Exchange, and EnSurance, help clients in the energy sector optimize electric power supply and make informed decisions. These tools assist power traders, risk analysts, resource managers, developers, and financiers in both real-time operations and long-term planning. Unlike many competitors, Ascend Analytics combines advanced software solutions with consulting expertise, allowing them to offer tailored insights that help clients navigate the complexities of the energy market. The company's goal is to empower clients to optimize their capital investments and effectively manage energy resources.

Company Stage

Growth Equity (Non-Venture Capital)

Employees

51-200

Industries

Data & Analytics, Energy

Total Funding

$704K

Headquarters

N/A

Founded

2003


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Simplify's Take

What believers are saying

  • The recent growth investment will likely accelerate Ascend's product innovation, enhancing its competitive edge in the energy analytics market.
  • Partnerships with significant entities like Clean Power Alliance demonstrate Ascend's capability to handle large-scale, impactful projects.
  • Leadership continuity with CEO Dr. Gary Dorris ensures stability and a clear strategic vision for the company's future.

What critics are saying

  • The specialized focus on energy transition analytics may limit Ascend's market reach compared to more diversified analytics firms.
  • Dependence on strategic investments for growth could pose financial risks if future funding rounds do not materialize as expected.

What makes Ascend Analytics unique

  • Ascend Analytics specializes in energy transition analytics, a niche yet rapidly growing sector, setting it apart from broader analytics firms.
  • The company's focus on empowering a wide range of energy market stakeholders, from utilities to financial institutions, provides a comprehensive approach to navigating the complex energy market.
  • Strategic investments from firms like Rubicon Technology Partners and Galvanize Climate Solutions enable Ascend to accelerate product innovation and expand its analytics solutions.

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Growth & Insights
Headcount

6 month growth

5%

1 year growth

5%

2 year growth

5%

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