# Cascade funding: rounds and investors

> Cascade has raised $97M across 5 rounds since 2021. Investors include Coinbase Ventures, Polychain and Variant. Every round with its source.

Source: https://millionrounds.com/company/cascade (Millionrounds; every figure on the page links to its filing or article)

United States · [Seed startup](https://millionrounds.com/companies)

# Who invested in *Cascade*

5 rounds we have observed, with the 14 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AI Big Data & Analytics Construction Fintech

Raised 4 months ago

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Funding summary Updated 5 Nov 2026

**$97M** raised across 5 rounds since 2021, from 5 sources

**$72M** Venture

- **Latest round:** Seed, $3.5M Jul 2026
- **Led by:** Andreessen Horowitz Speedrun
- **Biggest round:** $72M Venture · Feb 2026
- **Step-up i:** 7×
- **Investors:** 14 (4 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2022 2023 2024 2025 2026

**$5.3M** Seed

**$15M** Round

**$72M** Venture

**$3.5M** Seed

- **First round:** Seed, $5.3M
- **Biggest round:** $72M
- **Usual gap between rounds:** 5 months

## The rounds

- **Jul 2026** Seed **$3.5M** *4 new* [Andreessen Horowitz Speedrun](https://millionrounds.com/fund/andreessen-horowitz-speedrun) Lead [Ada Ventures](https://millionrounds.com/fund/ada-ventures) [Indico Capital Partners](https://millionrounds.com/fund/indico-capital-partners) [Snowball VC](https://millionrounds.com/fund/snowball-vc) Reported by TechCrunch
- **Mar 2026** Pre-seed **$500K** *1 new* [Y Combinator](https://millionrounds.com/fund/y-combinator) Source recorded SEC filing: $15 sold, first sale Jan 2026
- **Feb 2026** Venture **$72M** *2 new* [Gaorong Capital](https://millionrounds.com/fund/gaorong-capital) [Puhua Capital](https://millionrounds.com/fund/puhua-capital) Source recorded SEC filing: $15 sold, first sale Jan 2026
- **Dec 2025** Round **$15M** *4 new* [Coinbase Ventures](https://millionrounds.com/fund/coinbase) Lead [Polychain](https://millionrounds.com/fund/polychain) Lead [Variant](https://millionrounds.com/fund/variant) Lead [Archetype](https://millionrounds.com/fund/archetype) Reported by Ventureburn SEC filing: $15 sold, first sale Jan 2026
- **Nov 2021** Seed **$5.3M** *3 new* [First Round Capital](https://millionrounds.com/fund/first-round-capital) [Redpoint](https://millionrounds.com/fund/redpoint) [Susa Ventures](https://millionrounds.com/fund/susa-ventures) Source recorded

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2021 **Round** 2025 **Venture** 2026 **Pre-seed** 2026 **Seed** 2026 [Coinbase Ventures](https://millionrounds.com/fund/coinbase) L [Polychain](https://millionrounds.com/fund/polychain) L [Variant](https://millionrounds.com/fund/variant) L [Andreessen Horowitz Speedrun](https://millionrounds.com/fund/andreessen-horowitz-speedrun) L [Y Combinator](https://millionrounds.com/fund/y-combinator) [First Round Capital](https://millionrounds.com/fund/first-round-capital) [Redpoint](https://millionrounds.com/fund/redpoint) [Gaorong Capital](https://millionrounds.com/fund/gaorong-capital) [Susa Ventures](https://millionrounds.com/fund/susa-ventures) [Puhua Capital](https://millionrounds.com/fund/puhua-capital)

## Everyone who backed them

[Coinbase Ventures](https://millionrounds.com/fund/coinbase) Corporate VC **1** round, led 1

[Polychain](https://millionrounds.com/fund/polychain) VC firm **1** round, led 1

[Variant](https://millionrounds.com/fund/variant) VC firm **1** round, led 1

[Andreessen Horowitz Speedrun](https://millionrounds.com/fund/andreessen-horowitz-speedrun) VC firm **1** round, led 1

[Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **1** round

[First Round Capital](https://millionrounds.com/fund/first-round-capital) VC firm **1** round

[Redpoint](https://millionrounds.com/fund/redpoint) VC firm **1** round

[Gaorong Capital](https://millionrounds.com/fund/gaorong-capital) VC firm **1** round

[Susa Ventures](https://millionrounds.com/fund/susa-ventures) VC firm **1** round

[Puhua Capital](https://millionrounds.com/fund/puhua-capital) VC firm **1** round

[Archetype](https://millionrounds.com/fund/archetype) VC firm **1** round

[Ada Ventures](https://millionrounds.com/fund/ada-ventures) VC firm **1** round

[Indico Capital Partners](https://millionrounds.com/fund/indico-capital-partners) Accelerator **1** round

[Snowball VC](https://millionrounds.com/fund/snowball-vc) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=cascade).

## Quick answers about Cascade

### Who invested in Cascade?

Cascade's investors include Coinbase Ventures, Polychain, Variant, Andreessen Horowitz Speedrun and Y Combinator, and 9 more on record. Andreessen Horowitz Speedrun led its latest round.

### How much has Cascade raised?

Cascade has raised $97M across 5 rounds since 2021.

### When did Cascade last raise?

Cascade's most recent round was a Seed of $3.5M in Jul 2026, led by Andreessen Horowitz Speedrun.

### What was Cascade's biggest round?

Cascade's largest round on record is $72M (Venture), in Feb 2026.

### Who backed Cascade first?

Cascade's first round on record, in Nov 2021, was backed by First Round Capital, Redpoint and Susa Ventures.

### What stage is Cascade at?

Cascade's latest named round is a Seed, in Jul 2026.

### Where is Cascade based?

Cascade is based in the United States.

### Who led Cascade's rounds?

Coinbase Ventures led the funding round in 2025; Andreessen Horowitz Speedrun led the Seed in 2026.

## Companies like Cascade

In the same sector, and raised in the last eighteen months.

[**Laza Medical** $160M · Nov 2026](https://millionrounds.com/company/laza-medical)[**Journify** $12M · Nov 2026](https://millionrounds.com/company/journify)[**Nooks** $543M · Nov 2026](https://millionrounds.com/company/nooks)[**Agrani Labs** $123M · Nov 2026](https://millionrounds.com/company/agrani-labs)[**Applied Compute** $580M · Nov 2026](https://millionrounds.com/company/applied-compute)[**Guava** $13M · Nov 2026](https://millionrounds.com/company/guava)

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