Partnering with Cascade AI: Trusted AI for HR and Benefits
Human resources (HR) is the backbone of company operations, but the industry continues to struggle with high turnover and rising dissatisfaction among both HR professionals and company employees. With increasingly complex issues and heavier workloads, HR teams are often bogged down by time-consuming tasks that can feel thankless. The pressure to keep up with rising demands while addressing employee concerns is leading to frustration and burnout.
The message is clear: HR needs a reinvention⸺that's where Cascade AI comes in.
Organizations using Cascade AI have reduced HR inquiry volume by 50%⸺expecting up to 85% reduction as user adoption increases⸺and many have made it their primary global HR support resource. By automating tasks like benefits management, leave tracking, retirement planning, and employee relations, Cascade AI simplifies HR operations and streamlines workflows. Supporting the entire employee lifecycle⸺from onboarding to offboarding⸺it boosts employee satisfaction while freeing HR teams to focus on strategic work.
HR professionals spend up to 57% of their time on administrative tasks, according to a study by Deloitte. This overwhelming focus on routine work leaves little room for strategic initiatives that drive business growth. Cascade AI addresses this head-on by automating time-consuming tasks, allowing HR teams to reclaim their time and focus on what truly matters: the people.
Co-founded in 2022 by CEO Ana-Maria Constantin and CTO Pulak Goyal, Cascade AI enhances personalized employee support in HR processes by delivering the speed and specificity of generative AI. Recognizing that HR impacts overall business functions and directly influences employees’ lives more than any other department, Ana and Pulak developed a tool to simplify HR protocols while maintaining a personalized, high-quality employee experience.
At Myriad Venture Partners, we invest in companies driving the future of business solutions. That’s why we’re proud to be part of Cascade AI’s seed investment round, alongside Gradient Ventures, Google’s early-stage AI fund, and Success Venture Partners. This investment will enable Cascade AI to enhance its platform with customer-requested features and scale to meet growing demand, building on the momentum of its early successes.
From Overwhelmed to Optimized: Cascade AI Empowering HR Teams
As the HR landscape evolves, technologies like Cascade AI are not just beneficial⸺they're essential. The platform enhances the HR ecosystem to allow departments to scale effectively and meet the diverse needs of an increasingly global workforce. With Cascade AI’s customizable software, enterprises can rapidly scale their HR capabilities. The platform can be fully implemented within hours, achieving HR team collaboration and employee rollout in as little as two weeks. Organizations using Cascade AI have seen immediate benefits, including significant reductions in HR inquiry volume and improved employee satisfaction. This swift integration allows companies to experience the positive team impacts of Cascade AI right away.
Our investment will help Cascade AI further develop capabilities to assist employees with tasks such as updating personal information and enrolling in benefits, creating new reporting functions such as office-level utilization and enhancing support for companies with global workforces.
Shaping the Future of Work
At Myriad Venture Partners, we see Cascade AI as more than just a tool⸺it’s a catalyst for HR teams to provide personalized support and enhance the employee experience for all.
We’re excited to partner with Cascade AI on its journey to redefine HR’s role within organizations globally. By offering custom enterprise solutions to specifically cater to a company’s needs, Cascade AI delivers a scalable platform unseen in HR today. We’re eager to support its evolution as Cascade AI continues to bring transformative value to businesses across multiple sectors.
Stay updated on Cascade AI’s journey and explore how you can be part of this movement at https://www.myriadventures.com.
Explore our latest investments, news, and insights.
Please try different keywords.