Startup Ascerta collects $18M in funding to help enterprises understand the value AI provides
Many businesses are spending enormous sums of money on artificial intelligence, but they don’t have any way to understand how much value those investments are returning — and that’s a challenge that a startup called Ascerta Inc. wants to solve after raising $18 million in an early-stage round of funding today. Today’s Series A round […] The post Startup Ascerta collects $18M in funding to help…
Artificial intelligence investments by businesses often lack clear insight into their value, presenting a challenge addressed by Ascerta Inc. After securing $18 million in Series A funding, the startup aims to help enterprises maximize their return on AI investments. This round was led by Dell Technologies Capital, with participation from Hitachi Ventures, BGV, and Wipro Ventures, bringing Ascerta's total funding to $22.9 million.
Ascerta's co-founder and CEO David Tepper explains that while traditional software tools can measure costs and resource usage, they fall short in quantifying the real business impact of AI agents and coding assistants. The company's platform offers a unified system to track AI usage, outcomes, and economic impact down to individual users, teams, and applications.
Its three main components include Atlas, which measures AI adoption, value, and return on investment; Forge, providing insights into engineering teams' use of coding agents; and Convoy, helping companies understand and optimize their AI-related computing resource usage.
Ascerta has already helped organizations like Atos SE and Wipro Ltd. achieve significant improvements in their AI investments. Atos Group Chief AI Officer Florin Ratar highlights the platform's instrumental role in scaling Atos' Sovereign Agentic Studios initiative, providing visibility and control. Dell Technologies Capital managing director Ramana Khanna supports Ascerta's mission, emphasizing the need for enterprises to focus on measurable business value from AI initiatives.
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