Cascading AI (Founding)
Funding Details
- Awarder
- YCombinator
- Date Award
- August 08, 2023
- Vertical
- Fintech
- Funding URL
- View Funding Page
Company Info
- Founding Year
- 2023
- Company Description
- Casca is building AGI for banking. We are replacing 30+ year-old legacy technology with AI-native systems of record that automate 90% of the manual work humans used to have to do. Our first product is an AI-native Loan Origination System - with a built-in AI Agent, called Sarah. Sarah communicates with small business loan applicants via email or sms, guides them through the application process and prepares the loan file for a human underwriter. Why? Small businesses are the heart of the American economy and a lot of banks shy away from providing funding because of the manual effort in pursuing those deals. With us, that changes and unlocks affordable, quick bank funding for the 30M+ small businesses in the US as opposed to the high interest rates from online lenders.
- Market
- Fintech
- Location
- San Francisco, CA, USA
- Coinvestors
- YCombinator