Ascend
Facts
- HQ
- Seattle, WA, US
- Sectors
- Venture Capital and Private Equity Principals
- Founded
- 2019
- Employees
- 23
- Last fund
- Ascend Venture Capital III, LP · 2025 SEC Form D
- Funds raised
- 3 funds SEC Form D filings
- Total capital
- $12.5M SEC Form D filings
Seattle VC Firm Ascend Raises Third Fund to Back Early-Stage AI Startups After $25M Second Fund in 2023
Seattle venture capital firm Ascend is raising its third fund to invest in early-stage tech startups focused on vertical AI and infrastructure, following a $25 million second fund in 2023. Founder Kirby Winfield launched Ascend in 2019 and the firm primarily supports Seattle-area founders with investments ranging from $250,000 to $750,000.
Fuse leads $10M Seed in Avante to build AI-powered infrastructure for employer healthcare benefits
Fuse led a $10 million Seed round, joined by HighSage Ventures, in Avante—an infrastructure platform that centralizes benefits data and uses AI to help employers manage employee healthcare more efficiently. Avante, led by CEO Rohan D’Souza and co-founder Carly Eckert, plans to expand its team and hire five roles as it scales its platform to reduce administrative burden and improve benefits outcomes.
Madrona Venture Group Marks 30 Years with $770M Raised for New Funds, Continuing Strong Seattle Investments
Madrona Venture Group, a Seattle-based venture capital firm celebrating its 30th anniversary, has invested in major startups like Amazon and recently raised $770 million for two new funds to support about 40 investments. While expanding beyond the Pacific Northwest with a Palo Alto office, Madrona continues to focus most of its investments locally.
Ascend founding partner Kirby Winfield says Seattle is the U.S. ’s No.2 AI hub as startups, talent and investors converge
Seattle has quietly become a major AI hub—home to numerous startups, deep talent pools, cloud providers, and research centers—driving investor interest and practical applications across sectors while facing questions about sustainability and competition.
Stifel Bank’s Minh Le Urges Startups to Use Two Banks and Highlights Stifel’s $250M FDIC-Insured Cash Sweep
Minh Le, Managing Director at Stifel Bank, advises startup founders to maintain two banks (a primary strategic bank and a backup), prioritize cash safety and liquidity (highlighting Stifel’s Insured Cash Sweep offering up to $250M FDIC coverage), and consider bank choice based on platform, relationships, and product fit rather than just UI. He discusses pros and cons of Stifel, big banks, and fintechs like Mercury and Brex, and offers practical guidance on sweep accounts, treasuries, venture debt terms, working-capital facilities, and equipment financing.
Former Microsoft engineers Koukoumidis and Elachqar launch Bellevue AI lab Oumi with $10M seed round
Bellevue-based AI lab Oumi, founded by former Microsoft engineers Manos Koukoumidis and Oussama Elachqar, launched with $10 million in seed funding to build a collaboration platform for AI researchers and developers and has partnered with academics from Caltech, MIT, UW and Stanford. The startup has 10 employees, one research fellow, dozens of founding scholars, and space in UW's Global Innovation Exchange in Bellevue.
Seattle Startup Overland AI Raises $32M Series A to Develop Off-Road Autonomous Tech for U.S. Military
Seattle startup Overland AI raised $32 million in a Series A funding round led by 8VC to advance its off-road autonomous driving technology for the U.S. military. The company, founded in 2022, has contracts with the U.S. Army, Marine Corps, and DARPA to develop systems enabling robotic vehicles to operate in complex terrain without GPS or human drivers.
Seattle VCs, Including Pioneer Square Labs, Invest $8.5M in Denver Startup Kamiwaza to Boost Enterprise AI Adoption
Kamiwaza, a Denver-based startup founded in 2023, raised $8.5 million in a seed round led by S3 Ventures and Pioneer Square Labs to provide a software platform enabling enterprise AI adoption without major data migration. The company's tools support AI across cloud, on-premise, and edge infrastructure, serving Fortune 500 and government clients.
Seattle Startup Lumen Orbit Raises $11M Seed Round to Build Space-Based Data Centers for AI
Lumen Orbit, a Seattle-area startup founded in 2023, raised $11 million in seed funding to develop data centers in space for AI and technology services on Earth. The company, valued at $40 million, plans to launch a full-scale prototype in 2025 and is led by CEO Philip Johnston and co-founders with aerospace and space tech backgrounds.
Seattle’s Inflection Raises $7.6M to Advance B2B Marketing Automation Software
Seattle-based startup Inflection raised $7.6 million from existing investors to enhance its marketing automation software for B2B companies, bringing total funding to $14 million since its 2021 founding. CEO Aaron Bird highlighted that the company expects to be cash flow positive and is focused on growing its enterprise customer base.
#87 DocuSign Founder on Building $16B Company | Court Lorenzini
Guest: Court Lorenzini | Founder of DocuSign & FounderNexus Host: Nataraj | Senior PM at Azure, Creator of Startup Project & Angel Investor Subscribe to Startup Project Newsletter for valuable founder insights: https://startupproject.substack.com/ Join Nataraj in conversation with Court Lorenzini, co-founder of DocuSign and serial entrepreneur, as they delve into the world of startups. Court shares his incredible journey, from early engineering roles to leading DocuSign to its multi-billion dollar company. **Timestamps & Topics:** * **00:01:246 - 00:35:234:** Introduction and welcome to Court Lorenzini. * **00:40:246 - 01:16:782:** Court's background – Engineering career and early entrepreneurial ventures. * **01:50:102 -…
Seattle Startup Groundlight Uses AI, Strobe Lights, and Radio to Stop Raccoons Invading Home via Cat Door
A Seattle AI startup called Groundlight helped solve a homeowner's raccoon problem using a system combining strobe lights, public radio, and AI to prevent raccoons from entering through a microchip-detecting cat door. The raccoons had learned to bypass the specialized cat door's intruder mode, but the AI-based solution effectively deterred them.
Seattle Startup Moondream Raises $4.5M Pre-Seed to Develop Edge-Friendly Vision Language Model
Seattle startup Moondream raised $4.5 million in a pre-seed round to develop a 1.6 billion-parameter vision language model capable of running on edge devices. Led by CEO Jay Allen, an AWS veteran, the company aims to integrate vision AI into various industries including transportation, retail, and manufacturing.
Seattle Tech Founder Adam Doppelt Launches Fireball.xyz to Guide Consumers on Smoke Detectors and False Alarm Solutions
Adam Doppelt, a Seattle tech founder, created Fireball.xyz, a comprehensive online guide to smoke detectors aimed at reducing consumer frustration with false alarms and providing safety information. The site offers reviews, installation tips, and purchase links, inspired by Doppelt’s personal experiences with malfunctioning detectors.
'Seattle Freeze' Social Dynamic Criticized and Debated at WTIA FullConTech; Industry Leaders Call for Action in Seattle Startup Scene
Discussion about the 'Seattle Freeze' social dynamic resurfaced at the WTIA FullConTech conference, highlighting challenges for startup founders in Seattle. Industry leaders debated the issue, with some urging focus on actionable solutions over complaints.
Ascend Launches Seattle-Focused Co-Founder Matching Program at Annual Founders Bash
Ascend, an early stage venture firm, launched a Seattle-focused co-founder matching program at its annual Founders Bash, emphasizing the importance of selecting co-founders with complementary skills and past working experience. Entrepreneurs highlight trust and proven partnerships as key factors for startup success.
Humanizing Your Brand with Kirby Winfield
What does it take for a venture capitalist to build a successful brand strategy that resonates with founders and investors alike? In this episode, host Lindsay Pedersen sits down with Kirby Winfield, the founding general partner at Ascend, to explore the importance of defining and embodying a brand identity in the world of venture capital. Kirby shares insights on the value of authenticity, problem-driven processes, and the power of being intentional in shaping a brand that stands out in a competitive market. Define Your Brand Early: It's crucial to define your brand early on to...
8 tips for how to pick great Pre-Seed Founders by Kirby Winfield from Ascend.vc
Kirby's original post https://www.linkedin.com/posts/winfield_preseed-investing-is-easy-a-dont-activity-7186077270862659584-J1J4/?utm_source=share&utm_medium=member_desktop
What's happening at the seed stage? Featuring Jenny Fielding, Kirby Winfield, and Nate Williams
Follow me @samirkaji for my thoughts on the venture market, with a focus on the continued evolution of the VC landscape.This week we're doing another special roundtable discussion with a focus on the seed stage market. Joining us are Jenny Fielding of Everywhere Ventures, Kirby Winfield of Ascend, and Nate Williams of UNION Labs.This whole conversation was focused on seed stage investing. We spent most of our time discussing how the market reset affects seed-stage decision-making, fund sizing, and reserve strategies. We also touched on what they are seeing and hearing from LPs...
Jen Haller Named Partner at Ascend VC to Enhance Founder Support and Community Engagement
Jen Haller has been promoted to partner at Seattle-based pre-seed VC firm Ascend, expanding her role in operational guidance and community engagement for founders. The firm has over 80 portfolio companies, mostly in the Seattle area, and Haller is recognized for significantly enhancing Ascend's early-stage support offerings.
Ignite VC: Shaping the Future of Startups and Venture Capital with Kirby Winfield of Ascend VC | Ep41
In this episode of the Ignite podcast, Kirby Winfield, founding general partner of Ascend VC, shares his journey from a marketing executive in early internet startups to a seasoned venture capitalist. Kirby's narrative begins with his roots in Seattle, detailing his initial foray into the startup world with GoToNet and his subsequent ventures, including Marchex and Dwellable, highlighting the lessons learned from each. He candidly discusses the challenges and personal sacrifices involved in the startup ecosystem, such as the impact on his health and family life, which led to a significant personal and professional recalibration. Kirby's transition to venture...
Ignite VC: Shaping the Future of Startups and Venture Capital with Kirby Winfield of Ascend VC| Ep41
In this episode of the Ignite podcast, Kirby Winfield, founding general partner of Ascend VC, shares his journey from a marketing executive in early internet startups to a seasoned venture capitalist. Kirby's narrative begins with his roots in Seattle, detailing his initial foray into the startup world with GoToNet and his subsequent ventures, including Marchex and Dwellable, highlighting the lessons learned from each. He candidly discusses the challenges and personal sacrifices involved in the startup ecosystem, such as the impact on his health and family life, which led to a significant personal and professional recalibration. Kirby's transition to venture capital…
Avante Raises $10 Million Seed Round Led by FUSE; Kellan Carter to Join Board
Avante, a stealth Seattle startup led by former OliveAI executives Rohan D’Souza and Carly Eckert, raised $10 million in seed funding led by Bellevue-based FUSE with participation from Ascend Venture Capital, Highsage and angel investors. The funding will accelerate product development, expand engineering and data science teams, and FUSE’s Kellan Carter will join Avante’s board as the company scales after beginning development in fall 2023.
Ascend.vc’s Kirby Winfield Highlights AI Investing Strategy and Pacific Northwest Startup Growth on Shift AI Podcast
Kirby Winfield, founding general partner at Ascend.vc, discusses his shift from entrepreneur to Seattle-based AI-focused venture capitalist and shares insights on AI investing, emphasizing use cases solving real problems efficiently. Ascend.vc positions itself as a prolific pre-seed investor in the Pacific Northwest, focusing on applied AI as a next-generation vertical software.
AI Investing in Seattle with Ascend.vc General Partner Kirby Winfield
In this episode of Shift AI, Kirby Winfield General Partner at Ascend.vc shares his journey from founding multiple successful startups to becoming a leading AI investor and outlines lessons learned, insights on the Seattle startup ecosystem, and his optimistic yet pragmatic views on generative AI and the future of work. Summary of topics covered: Background and early career: Kirby gained experience as an entrepreneur early in his career through founding multiple companies. Transition to Venture capital: Looking for a new challenge, Kirby leveraged his experience operating startups to co-found Ascend and advise other founders. Investment thesis and framework for evaluating…
Fund History
People
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Kirby Winfield Founder, Founder and Founding General Partner
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Court Lorenzini LP Investor
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Jen Haller Partner and Chief Of Staff
