Casca
Casca builds an AI-native loan origination platform that automates small business and commercial lending for banks and lenders in the United States.
Casca builds AI-native economic infrastructure for banking. Its loan origination platform automates small business and commercial lending for banks and lenders, replacing legacy systems with intelligent automation. The company reports that the platform automates 90% of the manual effort involved in lending and processes loans ten times faster than traditional methods. It targets a lending industry worth $7 trillion and says it is trusted by leading FDIC-insured banks and nationally recognised lenders in the United States.
The product set includes a digital loan application for borrowers, AI-powered loan assistants supporting the origination process, automated credit analysis tooling for lenders, and integrations with core banking systems and credit bureaus. The technical work spans AI and machine learning, large language models, credit analysis automation and banking systems integration.
Casca was founded by banking IT experts and AI researchers from Stanford University, Georgia Tech and Goldman Sachs. It is backed by investors including Y Combinator, Canapi Ventures, Peterson Ventures and Clocktower Technology Ventures, and has raised significant funding, the amount of which has not been disclosed. The company's stated focus is on replacing decades-old legacy systems with intelligent automation.
