Cassidy Raises $10M in Series A

Cassidy has successfully raised $10M in a Series A at a $60M valuation led by Accel, Kleiner Perkins.

Company Overview

Cassidy is a AI/ML company headquartered in New York, NY, founded in 2023 with 45+ employees.

No-code AI workflow automation platform for business teams

Fundraising Details

- Amount Raised: $10M
- Round Type: Series A
- Valuation: $60M
- Date: 2025-09-06
- Investors: Accel, Kleiner Perkins

About Cassidy

No-code AI workflow automation platform for business teams The company is positioned in the AI/ML sector, serving a growing market with innovative solutions.

Key Information

- Headquarters: New York, NY
- Founded: 2023
- Team Size: 45+
- Industry: AI/ML

What This Means

This funding round demonstrates strong investor confidence in Cassidy's vision and execution. The capital will likely be used to:

- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The AI/ML sector continues to attract significant investment as companies innovate to meet evolving market demands. Cassidy's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $60M valuation marks an important milestone for Cassidy, positioning the company among notable players in the AI/ML industry.

Looking Ahead

With this new capital, Cassidy is well-positioned to execute on its growth strategy and continue building innovative solutions in the AI/ML space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

---

This fundraising news was reported on 2025-09-06. For more information about Cassidy, visit their headquarters at New York, NY.