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About Ascend Analytics
Company Overview
Ascend Analytics
Boulder, Colorado, United States
2002
Approximately 170 employees (source: builtincolorado.com). Revenue of $31.5 million (date unspecified, potentially pre-2023) (source: cbinsights.com).
What They Do
Ascend Analytics specializes in market intelligence and analytics solutions tailored for the energy transition, focusing on advanced analytics and AI-driven software. Their offerings include tools for energy storage, renewables valuation, grid optimization, and power market modeling, which span from hourly forecasts to 30-year projections. Notably, their SmartBidder tool has been shown to deliver over 50% more revenues than average battery energy storage system projects in ERCOT and CAISO, achieving an impressive 90-95% of perfect foresight (source: cbinsights.com). The company serves a diverse clientele, including utilities, merchant operators, corporations, electric retailers, investors, banks, and developers, leveraging multiple models for predictive power and risk-based optimization to maintain a competitive edge in the market.
Projects & Track Record
Ascend Analytics has established a strong track record through its software's deployment in critical energy operations, supporting over $50 billion in project financing assessments. While specific project names and capacities are not publicly detailed, the firm's expertise has been recognized in various regulatory cases, including Dr. Gary Dorris's testimony as lead witness for Merrill Lynch during the Enron proceedings (source: ascendanalytics.com). The company is currently expanding its market intelligence capabilities into Great Britain and the Netherlands, focusing on battery storage opportunities in collaboration with Vision Ridge Partners, showcasing its commitment to international growth and innovation in energy solutions.
Recent Developments
In the past two years, Ascend Analytics has made significant strides in enhancing its market intelligence capabilities, including the publication of its inaugural Energy Transition Predictions on January 14, 2025, which forecasted critical trends in load growth and renewable innovation. The firm announced its expansion into Great Britain and the Netherlands on December 4, 2024, partnering with Vision Ridge Partners to provide strategic guidance in battery storage (source: zoominfo.com). Additionally, the company has undergone private equity funding rounds, securing under $5 million from notable investors, while maintaining a focus on organic growth without any recent acquisitions or mergers.
Working There
Ascend Analytics offers a range of roles primarily in software engineering, data analytics, and energy modeling, with job postings concentrated in Boulder, Colorado. The company emphasizes an onsite workspace model, fostering collaboration among teams focused on product development and market intelligence. With over 170 employees, the culture is characterized by its employee-owned structure, which promotes direct involvement in energy analytics and innovation (source: builtincolorado.com). Employees benefit from professional development opportunities, including customized training tracks, conferences, and subscriptions to online courses, reflecting the company's commitment to continuous learning and growth.
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