FundedIQ
Financial Services

Candid Health: Funding, Investors & Team (Aug 2026)

Candid Health is a platform that has been created to streamline the revenue cycle management process for healthcare providers. Through the use of machine learning and artificial intelligence, the platform streamlines tasks such as medical billing, coding, and claims processing, allowing healthcare providers to reduce administrative tasks and improve efficiency in managing billing. Their ultimate goal is to improve financial operations for clinics and hospitals while also enhancing the overall patient experience by speeding up service reimbursement.

www.joincandidhealth.com LinkedIn San Francisco, United States 51-100 employees
Billing Health Care Medical Software Transaction Processing B2B
Total raised
$81.5M
Rounds
2
Latest
Series C
Feb 2025

Candid Health has raised $81.5M across 2 funding rounds on record, the most recent a Series C of $52.5M announced in Feb 2025.

That round is above the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

Candid Health Company Profile and Key Stats

Total funding raised
$81.5M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Series C
$52.5M in Feb 2025
Employees
51-100
reported band
Headquarters
San Francisco, United States

Latest funding round on record: Feb 2025.

Candid Health Funding Rounds

Date
Round
Amount
Series C
$52.5M
Series B
$29.0M

Candid Health raised $29.0M in a Series B announced in Sep 2024.

5 months later, a Series C of $52.5M was announced in Feb 2025.

Candid Health Founders and Leadership Team

Name
Role
Contact
Adam Reis
Founder
Locked

Contact details for the Candid Health team: 1 of 1 has an email address on file.

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Candid Health Funding Compared to Other Financial Services Startups

Segment
Companies
Median round
29,722
$7.5M
1,814
$58M

Candid Health's latest round of $52.5M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

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Candid Health Funding FAQs

What does Candid Health do?

Candid Health is a platform that has been created to streamline the revenue cycle management process for healthcare providers. Through the use of machine learning and artificial intelligence, the platform streamlines tasks such as medical billing, coding, and claims processing, allowing healthcare providers to reduce administrative tasks and improve efficiency in managing billing. Their ultimate goal is to improve financial operations for clinics and hospitals while also enhancing the overall patient experience by speeding up service reimbursement.

How much funding has Candid Health raised?

Candid Health has raised $81.5M across 2 rounds on record. The most recent is a Series C of $52.5M announced in Feb 2025.

When did Candid Health last raise funding?

Candid Health's most recent funding round on record is a Series C of $52.5M, announced in Feb 2025.

Who founded Candid Health?

FundedIQ lists Adam Reis (Founder) at Candid Health.

Where is Candid Health headquartered?

Candid Health is based in San Francisco, California, United States.

How many employees does Candid Health have?

Candid Health is in the 51-100 employee band.

How does Candid Health's funding compare to other Financial Services startups?

Candid Health's latest round of $52.5M is above the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.

About FundedIQ's Candid Health Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Candid Health is left off this page rather than filled in.

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