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AI-Native Loan Origination Platform Casca Raises $29 Million to Replace Legacy Lending

“Casca’s flagship customers – Live Oak Bank, the nation’s leading U.S. Small Business Administration SBA 7(a) lender by dollar volume, Huntington National Bank, the nation’s largest originator, by volume of SBA 7(a) loans, and Bankwell Bank, Casca’s first customer – all invested. Bankwell, Y Combinator, and Peterson Ventures, a renowned investor in the vertical SaaS sector, multiplied their investments from the pre-seed raise. Alliance Funding Group, one of the fastest-growing independent leasing companies in the U.S., participated as well.”

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