Casca is an AI-native loan origination platform that accelerates the loan application and origination process using responsible AI. Its platform automates commercial loans and claims to fund loans up to 10× faster than other fintechs and 30× faster than industry averages. Flagship customers include Live Oak Bank, Huntington National Bank, and Bankwell Bank, and several of those customers invested in the round. Casca will use the funding to scale operations, expand its team, and accelerate go-to-market to make the platform accessible to additional financial institutions. The company was founded in 2023 by banking IT experts and Stanford AI researchers and is based in San Francisco. To date Casca has raised $33 million. Cascading AI is a fintech software company that builds AI-native solutions to help banks automate manual processes in legacy systems. Its flagship product, Casca, is described as the first AI-native Loan Origination System and streamlines tasks like document collection, account setup, and compliance for commercial loan origination. The company uses artificial intelligence to reduce manual effort for banks, credit unions, and non-bank lenders. Founded in 2023 and based in San Francisco, Cascading AI plans to expand its team of AI and machine learning engineers. The startup will use funding to accelerate Casca's development, enhance AI capabilities and compliance features, and onboard a select group of new banks to scale operations. Cascading AI raised $3.9M in a February 2024 pre-seed round to support these initiatives.

Total raised

$33M

Funding rounds

2

Latest round

Series A

Latest activity

Aug 2025