Ascent Solutions

Ascent Solutions

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DateInvestorsAmountRound
N/A

$2.3m

Series A
*

N/A

Growth Equity VC
*

N/A

Acquisition
Total FundingAUD3.5m

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MyAscents.com is a company specializing in Internet of Things (IoT) solutions that provide comprehensive track and trace capabilities for the global industrial community. The business focuses on enhancing supply chain sustainability and traceability through advanced technologies such as AI, Computer Vision, and blockchain. MyAscents.com serves a diverse range of clients including logistics companies, manufacturers, and financial institutions involved in commodity trade financing. The company operates in the industrial IoT market, providing solutions that optimize fleet operations, enhance cargo security, and improve efficiency at checkpoints and ports.

The business model revolves around offering subscription-based services and customized solutions that generate recurring revenue. MyAscents.com makes money by providing high-value services that reduce tax revenue leakage, deter pilferage and theft, and lower reliance on armed escorts. Additionally, the company offers smart collateral management systems that create trust and transparency among stakeholders, thereby mitigating fraud risks for lenders and financiers.

Keywords: IoT, track and trace, supply chain, AI, blockchain, Computer Vision, cargo security, fleet optimization, trade financing, industrial solutions.

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