Cascade AI, a US-based startup with Romanian roots, has recently secured a $3.75 million seed investment led by Gradient, Google’s early-stage AI fund. Myriad Venture Partners and Success Venture Partners also participated in the deal. The company shared the news in its Linkedin post.

About Cascade AI

  • Cascade AI is a US-based startup co-founded by Romanian Ana-Maria Constantin and her partner Pulak Goyal. The startup develops an AI assistant designed to respond to HR inquiries at individual employee levels. 

  • The platform supports various HR functions, including benefits, total rewards, and open enrollment.

  • Cascade generates revenue through a per-employee-per-month pricing structure and works with organizations with over 1,000 employees across tech, energy, and healthcare industries.

“Fast uptake from employees has proven that personalized HR support can be scaled in a way that both frees up HR and improves the employee experience,” said Ana-Maria Constantin, CEO of Cascade AI. 

Investment details 

  • Gradient Ventures, a seed AI-focused fund founded by Google in 2017 and based in San Francisco, is the lead investor in the company, enabling it to expand its platform and build customer-requested features.

  • Other participants include Myriad Venture Partners, a Boston-based early-stage venture firm and Success Venture Partners, a San Francisco-based value-add fund. 

“We see Cascade AI as a game-changer for both daily operations and complex initiatives like mergers and acquisitions, global growth, and other business transformation,” Eylul Kayin, Partner at Gradient, commented.

The investment will aid Cascade AI in developing initiatives like AI agents for employee information updates, office-level utilization reporting, and global workforce support.