Casap, a NYC-based firm which focuses on clever automation for dispute and fraud operations, raised $25M in Sequence A funding.
The spherical was led by Emergence Capital, with participation from Lightspeed Enterprise Companions, Main Enterprise Companions, SoFi and others.
The corporate intends to make use of the funds to speed up the growth of its first-party fraud scoring and AI decisioning, assist key hiring and proceed executing on its imaginative and prescient of eliminating friction throughout the funds lifecycle.
Led by CEO Shanthi Shanmugam, Casap is a supplier of an AI-powered disputes automation and fraud prevention platform that analyzes proof, predicts outcomes, and key actions, corresponding to issuing credit, submitting chargebacks and responding to retailers. Its proprietary fraud rating identifies suspicious customers and retailers to proactively scale back disputes.
Prospects profit from real-time choices, predictive win scores, and self-service experiences that construct belief.
Rising monetary establishments use it to scale with a triple protect—back-office efficiencies, fraud safety, and shopper delight.
FinSMEs
07/08/2025
