Casap Raises $56M Series B

Casap, based in New York, is an AI agent platform designed for the financial services industry. The company has announced a $56 million Series B funding round, which brings its total funding to $90 million following its $25 million Series A round approximately one year ago.

Investors

The funding round was led by Base10 Partners. Additional participants in the round include strategic investors Experian and Synchrony, alongside existing investors Emergence Capital and Lightspeed Venture Partners.

Casap Use of Funds

Casap plans to utilize the capital to advance its AI platform and expand its service offerings to help financial institutions achieve high-stakes operational outcomes that were previously considered too expensive, complex, or time-consuming to scale.

About Casap

Founded by Shanthi Shanmugam and Saisi Peters, Casap provides an AI agent platform that enables financial institutions to automate high-stakes operations. The platform deploys specialized AI agents that investigate, make decisions, and take actions across existing financial systems while applying institution-specific policies and maintaining human oversight.

Funding Details

Company Website: https://casap.ai

Company: Casap
Raised: $56M
Round: Series B
Funding Date: October 28, 2026
Lead Investor: Base10 Partners
Additional Investors: Experian, Synchrony, Emergence Capital, Lightspeed Venture Partners
Company Website: casap.ai
Software Category: Financial Technology
Source: https://www.prnewswire.com/news-releases/casap-raises-56m-series-b-to-deliver-agentic-outcomes-for-financial-services-302921778.html