Casca Gets $29M to Bring AI-Native Loan Origination Tech to Local Banks - SiliconANGLE
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Casca gets $29M to bring AI-native loan origination tech to local banks - SiliconANGLE
A startup called Cascading AI Inc. said today it has closed on a $29 million Series A funding round to support the expansion of its artificial intelligence-native loan origination platform, bringing its total amount raised to date to $33 million. Today’s round was led by Canapi Ventures and saw support from customers including Live Oak […] The post Casca gets $29M to bring AI-native loan origination tech to local banks appeared first on SiliconA…
Casca Raises $29 Million Series A for AI Loan Origination
Casca has raised a $29 million Series A round led by Canapi Ventures, with participation from major bank customers including Live Oak, Huntington, and Bankwell. Today’s investment comes just 15 months after its pre-seed round and brings Casca’s total funding to $33 million. Casca’s AI-powered loan origination platform helps smaller financial institutions compete with fintechs and large banks by accelerating loan processing, reducing costs, and k…
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