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Companies

ONOW Ascent

Chat-based bookkeeping for underbanked small businesses

Raised to date

$50K

of $90K offered across 1 Form D filing

Still open
$40K
Investors
7
Last filed
Mar 26, 2026

About

ONOW Ascent is an Indiana-based software company building AI-powered financial tools for micro, small, and medium enterprises in low- and middle-income countries, primarily across Sub-Saharan Africa and Southeast Asia. Its Ascent app uses a chat-based interface to let business owners record revenue, expenses, assets, and liabilities and automatically generates income statements and transaction records from that data. The platform layers on an AI business assistant that answers questions in the user's own language, and uses the accumulated financial history to help underbanked owners build a credit profile and access capital. It is part of the broader ONOW Group, whose earlier work was micro-enterprise incubation and coaching.

Delivers bookkeeping, financial statements, and business coaching through a plain chat interface in local languages, so owners with no accounting background can build the transaction history needed for a credit score and access to capital.

Funding

  • Option to acquireFiled Mar 26, 2026Form D
    $50K/ $90K

Product

Ascent

SMB financial management app

A chat-based financial tracking and AI advisory app for micro, small, and medium enterprises, which records revenue, expenses, assets, and liabilities from conversational input and turns them into automated financial statements.

  • Chat-based interface for recording revenue, expenses, assets, and liabilities
  • Automated income statements and transaction records
  • AI business assistant available 24/7 in the user's preferred language

Built for

Micro, small, and medium enterprise owners in low- and middle-income countries, especially Sub-Saharan Africa and Southeast Asia, plus the incubators and entrepreneur-support organizations serving them

People on file