AI Startup Casap Raises $25 Million to Fight First-Party Fraud

Casap Raises $25M Series A to Revolutionize Payment Disputes With AI and Eliminate First Party Fraud Losses

Casap, the leader in intelligent automation for dispute and fraud operations, has raised $25 million in Series A funding led by Emergence Capital, with participation from Lightspeed Venture Partners, Primary Venture Partners, SoFi and others. This brings Casap’s total funding to $33.5 million and sets a new record for venture investment in the payment disputes category.

Casap Raises $25M Series A to Transform AI-Powered Payment Dispute Resolution Casap Raises $25M Series A to Transform AI-Powered Payment Dispute Resolution

Casap secures $25 million in funding, bringing its total to $33.5 million, to fuel AI-driven automation in dispute handling, boost fraud prevention, and enhance customer loyalty. Highlights $25M Series A Funding: Casap has raised $25 million in a Series A round led by Emergence Capital, bringing its total funding to $33.5 million. Other investors include Lightspeed Venture Partners, Primary Venture Partners, and SoFi. AI-Powered Disputes Platf…

New York-based Casap, which helps banks automate disputes and fight fraud, raised a $25M Series A led by Emergence Capital, bringing its total funding to $33.5M

Jeff Kauflin / Forbes: New York-based Casap, which helps banks automate disputes and fight fraud, raised a $25M Series A led by Emergence Capital, bringing its total funding to $33.5M  —  Cofounders Shanthi Shanmugam and Saisi Peter started Casap after working on customer service projects at Robinhood and Chime.

AI Startup Casap Raises $25 Million to Fight First-Party Fraud

Casap is the first company to fight first-party fraud, when customers deceive financial institutions by falsely disputing real transactions.

AI fraud and disputes platform Casap raises $25m

Casap raises $25m to fight fraud and modernise dispute resolution with AI. Discover how its platform is reshaping FinTech