Casap Secures $56 Million In Series B Funding Led By Base10 Partners

Casap, an AI agent platform for financial services, raised $56 million in a Series B round led by Base10 Partners, with strategic participation from Experian and Synchrony and continued backing from Emergence Capital and Lightspeed Venture Partners. The round brings the company’s total funding to $90 million and follows a period in which revenue grew 10X. Co-founded by CEO Shanthi Shanmugam and Saisi Peters, Casap provides AI agents that automate complex financial operations, including fraud investigations and dispute resolution, helping more than 100 banks, credit unions, fintechs and processors reduce fraud losses, accelerate case resolution and improve operational efficiency. The company will use the new capital to advance its AI platform and expand into collections, claims and other high-stakes financial operations.

FOUNDERS: Shanthi Shanmugam & Saisi Peters

INVESTORS: Base10 Partners, Experian, Synchrony, Emergence Capital, Lightspeed Venture Partners & Primary

ROUND: Series B AMOUNT: $56,000,000

HQ: San Francisco, California

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