Draft:Ascendion


Ascendion
IndustrySoftware engineering
Founded2022
FounderKarthik Krishnamurthy
Area served
Worldwide
ProductsAI Arbitrage Model, AVA+ platform
Websitehttps://ascendion.com/

Ascendion is a US-based AI-first software engineering firm that helps enterprises build, deploy, and scale technology.

Overview

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Ascendion was founded in 2022 by Karthik Krishnamurthy. It is headquartered in New Jersey with 40 offices across North America, Europe, and Asia and approx 11000 employees and 400 enterprise clients globally.[1][2][3]

In February 2025, Ascendion partnered with Axos Bank to upgrade its high-net-worth banking and accounting through the Zenith platform.[4].

Ascendion was named Market Leader for Generative Enterprise Services, 2025 and Enterprise Innovator for Digital Engineering Service Providers, 2023 by HFS Horizons.[5]

In 2023, Ascendion received a Globee Award for Company of the Year in IT Services.[6] As well as recognized by Great Places to Work.[7]

References

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  1. ^ "Former Apax India PE head picks up stake in AI firm Ascendion". VCCircle. Retrieved 15 April 2025.
  2. ^ "Ascendion to open AI studio in downtown Austin, double local headcount". www.bizjournals.com. Retrieved 15 April 2025.
  3. ^ Rashmi; Bisinfotech (2025-02-07). "Ascendion Boosts AI-Driven Software Engineering in Philippines". Bisinfotech. Retrieved 15 April 2025.
  4. ^ "Ascendion and Axos Bank partner to transform digital banking". thepaypers.com. Retrieved 15 April 2025.
  5. ^ "Ascendion Named Market Leader in Generative Enterprise Study from HFS Research". ANI News. Retrieved 15 April 2025.
  6. ^ Awards, Globee (7 October 2024). "2023 Winners | Leadership Awards". Globee® Business Awards. Retrieved 16 April 2025.
  7. ^ "Ascendion recognized among the Top 50 India's Best Workplaces in Health and Wellness ™ in 2024". APN News. 29 March 2025. Retrieved 16 April 2025.

Categories

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