Full-Time
Senior Machine Learning Engineer
Confirmed live in the last 24 hours
Casca
11-50 employees
Senior
San Francisco, CA, USA
You match the following Casca's candidate preferences
Employers are more likely to interview you if you match these preferences:
- 4+ years of experience in software engineering, with a strong skillset at the intersection of natural language processing, machine learning and full-stack development
- Proven track record of planning and executing significant projects with long-term impacts
- Solid understanding of modern programming languages and (AI) frameworks (e.g., Python, LangChain, Vercel AI-SDK, React, TypeScript, Next.js, etc.)
- Experience with database technologies (Postgres) and cloud platforms (AWS)
- Strong problem-solving skills and a knack for innovative thinking
- Excellent communication skills and a collaborative team spirit
- Contribute rapidly to our software platform that automates the lending process and helps our customers operate their banks more efficiently
- Develop and own new features that increase value for our customers
- Propose meaningful improvements to our AI system, software architecture and design patterns
- Learn and drive engineering best practices
- Leverage automating testing and continuous integration / continuous delivery in order to rapidly iterate on our product
Company Size
11-50
Company Stage
Seed
Total Funding
$3.8M
Headquarters
New York City, New York
Founded
2023
Simplify's Take
What believers are saying
- Casca secured $3.9 million in pre-seed funding, indicating strong investor confidence.
- Casca reduces manual effort in the back office by 90%, increasing operational efficiency.
- High-quality leads from Casca improve customer acquisition strategies for banks.
What critics are saying
- Competition from established financial institutions like J.P. Morgan could challenge Casca.
- Rapid AI innovation may lead to market saturation, pressuring Casca to innovate.
- Reliance on a single AI Loan Assistant, Sarah, poses risks if technical issues arise.
What makes Casca unique
- Casca is the first AI-native Loan Origination System in the market.
- Casca's AI Loan Assistant, Sarah, offers instant responses, enhancing customer experience.
- Casca achieves nearly 3x higher conversion rates than traditional methods.
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Benefits
Company Equity
Professional Development Budget
Growth & Insights and Company News
6 month growth
↓ -20%1 year growth
↓ -7%2 year growth
↓ -14%Financial institutions are embracing the integration of generative artificial intelligence into their operations, recognizing it as a vital step to remain competitive in today’s fast-evolving financial services landscape. Industry players are transforming traditional methods of data analysis and client interaction through GenAI capabilities, which include automating complex tasks, extracting deeper insights from data, and improving communication channels with clients and stakeholders. In December, J.P. Morgan announced that it is “pursuing” a conversational analytics assistant, aimed at enhancing the corporate treasurer experience by simplifying access to complex data — a task that it said remains daunting for many treasury departments
Cascading AI raises $3.9 million to revolutionize banking with AI Loan Origination System.
SAN FRANCISCO, Feb. 9, 2024 /PRNewswire/ -- Cascading AI , a cutting-edge fintech startup founded by alumni of Stanford University and Y Combinator, is thrilled to announce the successful completion of its $3.9 million pre-seed funding round to unlock $1 trillion in value of advanced AI for the global banking industryCasca, the flagship product of Cascading AI, is revolutionizing the lending landscape as the first AI-native Loan Origination System.Cascading AI Secures $3.9 Million in Pre-Seed Funding to Revolutionize the Banking Industry with AI-native Software Post this"The real game changer is our AI Loan Assistant, Sarah," says Lukas Haffer, CEO of Cascading AI. "Imagine a small business owner applying for a loan on a Friday evening and waiting 72 hours for a response from a loan officer. With Casca, they receive an email response within minutes from Sarah - who leads them through the entire application process. Sarah is infinitely patient and infinitely kind; every loan applicant receives the care and attention they deserve."Casca is already showing results by achieving nearly 3x higher conversion rates and reducing manual effort in the back office by 90% compared to traditional methods."We've just seen tremendous success with Casca, even in the first months," said Ryan Hildebrand, Chief Innovation Officer at Bankwell Bank, Casca's first customer. "Casca helps bring leads that are five or six times the quality of what was coming in through organic marketing."The pre-seed funding round was led by Peterson Ventures, a renowned investor in the vertical SaaS sector known for identifying disruptive startups
Cascading AI recently secured pre-seed funding from a consortium of investors, including Peterson Ventures, Y Combinator, The Sarah Smith Fund, and Clocktower Technology Ventures.
Y Combinator の2023年夏バッチのデモデイに集まった起業家の皆さんImage credit: Y Combinator. 先週、Y Combinator （YC）が2023年夏バッチのデモデイを開催した。24,000チームの応募から200チームが選ばれ、発表した企業の75％は採択時点でマネタイズができていないアーリースタートアップだった。コロナ禍ではオンライン参加が多かったこともあり世界中のスタートアップが集積したが、コロナ沈静化で対面制に復帰したこともあり、多くの採択チームがサンフランシスコに拠点を置いていた。. 分野でみると、採択チームの7割が B2B SaaS／エンタープライズ分野だった。また、今バッチの最大の特徴は AI 関連が多く採択されたことだ。60％以上の企業が AI 関連であることがわかった。YC のデモデイはシリコンバレーで最も人気のあるアーリー投資イベントの一つだが、投資家たちの関心が以前と同じではないということがわかる。投資家たちは、デモデイ登壇よりも前に全チームに会う機会を得て、条件が合えば投資を実行しているそうだ。