Fundz

Cascading AI secures $3.9m in pre-seed funding

PRIVATEFeb 10, 2024

Amount Raised

$3.9 Million

Round Type

Pre-Seed

Financial ServicesArtificial IntelligenceFintechLending

Investors

Clocktower Technology VenturesThe Sarah Smith FundY CombinatorPeterson Ventures

Description

Cascading AI has secured $3.9m in pre-seed funding round led by Peterson Ventures, with additional participation from Y Combinator, The Sarah Smith Fund, and Clocktower Technology Ventures. The funding will be used to expand the team, accelerate product development, enhance responsible AI capabilities, and onboard new banks.

Quick answer

Cascading AI raised $3.9 Million in a Pre-Seed round, dated February 10, 2024. Investors: Clocktower Technology Ventures, The Sarah Smith Fund, Y Combinator and Peterson Ventures.

How much did Cascading AI raise?
Cascading AI raised $3.9 Million in a Pre-Seed round on February 10, 2024.
Who invested in Cascading AI?
Clocktower Technology Ventures, The Sarah Smith Fund, Y Combinator and Peterson Ventures are named as investors in this round.
What does Cascading AI do?
Cascading AI is a fintech startup founded by alumni of Stanford University and Y Combinator, with a focus on revolutionizing the lending landscape with its flagship product, Casca, an AI-native Loan Origination System.

Source: Fundz verified event record.

Who else raised in Financial Services and Fintech around the same time

Companies in the same sectors as Cascading AI that raised within 45 days of this round, from Fundz verified event records.

  • Grupago raised $4.3M (Seed) on March 12, 2024.
  • LoanPass raised $5M (Series E) on March 26, 2024.
  • Ameetee raised $1M (Seed) on March 25, 2024.
  • Akulaku raised $100M (Funding Round) on March 25, 2024.
  • Copilot Money raised $6M (Series A) on March 25, 2024.
  • Yenmo raised $500K (Seed) on March 22, 2024.

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Company Information

Company

Cascading AI

About

Cascading AI is a fintech startup founded by alumni of Stanford University and Y Combinator, with a focus on revolutionizing the lending landscape with its flagship product, Casca, an AI-native Loan Origination System.

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