Casap Secures $56 Million Series B Funding to Expand Agentic AI Platform for Financial Services
Casap, an AI agent platform specializing in financial services, has raised $56 million in a Series B funding round led by Base10 Partners. The oversubscribed round included strategic participation from Experian and Synchrony, bringing the company's total funding to $90 million. This follows a period of rapid growth where Casap reported a 10X increase in revenue, exceeding its initial targets. The company utilizes specialized AI agents to automate high-stakes operations such as fraud investigation and dispute resolution. By integrating with existing institutional systems, the platform allows banks and fintechs to execute complex decision-making processes that were previously too costly or time-consuming to scale. Casap currently serves over 100 financial institutions, including banks, credit unions, and processors.
Topics: Agentic AI Artificial Intelligence Financial Services Series B funding
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