# Cascade Innovations

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cascade-innovations

- Industry: Software
- Headquarters: Bellevue, US
- Website: www.gocascade.ai/
- Total disclosed funding: $3.8M
- Latest round: Seed (Oct 24, 2024)
- Investors on record: 3

## About

Founded in 2022 by Ana-Maria Constantin, and Pulak Goyal, and based in Washington, US, Cascade Innovations Inc. is a technology company that provides artificial intelligence-powered human resources solutions for enterprises. In October 2024, Cascade AI raised USD 3.75 million in seed funding led by Gradient Ventures, with participation from Myriad Venture Partners and Success Venture Partners.

Cascade AI specializes in providing an enterprise AI solution specifically designed for employee assistance within Human Resources (HR) and Benefits departments. The core offering is an advanced AI platform that utilizes Large Language Models and generative AI technology to deliver personalized, and on-demand support for employees. This solution enhances the capabilities of HR teams, enabling them to address employee inquiries, and is focused on optimizing HR and benefits engagement in various geographical markets including North America and Europe. The end users of their services are HR professionals and employees seeking streamlined support for benefits, total rewards, and leave management. 

Cascade AI operates on a subscription-based revenue model, providing various service tiers that cater to the specific needs of their clients. 

In October 2024, Cascade AI raised USD 3.75 mn in Seed funding led by Gradient Ventures, with participation from Myriad Venture Partners and Success Venture Partners, which will be utilized to build artificial intelligence agents and enhance support for global workforces. The company has plans to launch new products aimed at further improving employee assistance and HR functionalities. Additionally, Cascade AI is targeting expansion into new markets with a focus on enhancing its presence in North America and Europe by 2025.

## Funding rounds

- Seed, Oct 24, 2024, $3.8M — Gradient Ventures, Myriad Venture Partners, Success Venture Partners

## Investors

- Gradient Ventures (https://capitalatlas.ai/funds/gradient-ventures) — Seed
- Myriad Venture Partners (https://capitalatlas.ai/funds/myriad-venture-partners) — Seed
- Success Venture Partners (https://capitalatlas.ai/funds/success-venture-partners) — Seed