SAN FRANCISCO, CA, Casca, the first AI-native loan origination platform, today announced it raised $29 million in its Series A, bringing its total in funding to-date to $33 million.
Canapi Ventures, a venture and growth equity firm backed by over 70 financial institutions, led the round.
Casca accelerates the loan application and origination process using responsible AI. It is the loan origination platform used by the nation's leading SBA lenders and FDIC-Insured banks. Founded in 2023 by banking IT experts and AI researchers from Stanford University, Casca is backed by Y Combinator, Canapi Ventures, Peterson Ventures, Clocktower Ventures, The Fintech Fund, and the Sarah Smith Fund.
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