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Ascent Funding

Ascent Funding

Private
San Diego, CaliforniaFinTechhttps://www.ascentfunding.com/

Last Round

Series C

Feb 19, 2026

Total Funding Raised

$544.48M

Momentum

Top 5%

of companies Caplight tracks

Company Overview

Ascent Funding is a financial services company that provides an online platform for private student loans and career training loans for undergraduate, graduate, and bootcamp programs.

Sector

FinTech

Verticals

Lending & Credit, Credit Scoring, Personal Finance

Business Model

B2C

Customer Profile

Payment Processing Fee

AI Layer

Application

Keywords

private student loansstudent lendingloan originationalternative underwritingstudent loan refinancingeducation financingbootcamp loansdigital lendingfintech lendernon-traditional lendingcredit scoringconsumer financestudent loan marketplaceneobank

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Ascent Funding Comparables

Compare Ascent Funding with similar companies based on industry and business-model similarity.

Ascent Funding comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
OneMain Financial
86%
Funding U
85%
Sallie Mae
80%

Ascent Funding Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series CFeb 19, 2026
Series BAug 1, 2025
DebtSep 11, 2024
DebtMay 23, 2024
SeedOct 21, 2015

Key People

Founding team and executive leadership

Ken Ruggiero

Chairman, CEO and Co-Founder

Founding Team

Garrett Galley

Chief Technology Officer

Executive Team

Ryan Gray

COO CFO, Chief Financial Officer, Board Member

Executive Team

Ascent Funding Investors

Notable investors and investment history

Market signals

Structured signals derived from secondary market and firmographic data.

  • Aug 22, 2026

    Monthly visitors grew 87% MoM, reaching 478.6K.

  • Jul 26, 2026

    Monthly visitors increased 36% MoM to 255.5K.

Recent news

Latest coverage and updates

  • recognized_asAug 6, 2026

    Ascent Funding, LLC recognized as 2026 Best Student Loan Overall on Aug 6th '26.

  • recognized_asAug 6, 2026

    Ascent Funding, LLC recognized as Best Overall Private Student Loan on Aug 6th '26.

Ascent Funding Filings

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Ascent Funding filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about Ascent Funding's valuation, stock price, and market status.

Is Ascent Funding a public or private company?

Ascent Funding is a private company.

What is the current stock price of Ascent Funding?

Ascent Funding is a private company with no public stock price. No recent secondary market data is available.

How much is Ascent Funding worth (valuation)?

Valuation information for Ascent Funding is not publicly available.

Can I buy Ascent Funding stock?

Ascent Funding shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Ascent Funding's last funding round?

Ascent Funding's most recent funding round was Series C on February 19, 2026.

Who are the main investors in Ascent Funding?

Key investors in Ascent Funding include ISL Education Lending.

Will Ascent Funding IPO soon?

No public IPO plans have been announced for Ascent Funding.

How can I track Ascent Funding secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Ascent Funding's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersSan Diego, California
Employee Range95
Year Founded2016
Last FundingFeb 19, 2026

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