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Candid Health Stock

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Valuationn/a
Valuation DateJul 22, 2026
Implied Valuationn/a
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Total Funding$219.5M1
Latest Round Amount$120M2
Latest RoundSeries D
Funding Rounds5
IPO StatusUnknown
Expected IPO Daten/a
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About Candid Health

Candid Health is a revenue cycle management platform that automates medical billing and insurance claims for healthcare providers. Its software pulls clinical, billing and provider data into a single model, then uses a rules engine and AI agents to submit claims correctly the first time and reduce the manual work billing teams used to do. It targets enterprise providers such as medical groups, digital health companies and managed service organizations. The company says it serves more than 200 healthcare organizations, including Talkiatry, Tia and Nourish. Candid Health makes money by charging providers to use its platform. It was founded in 2019 by former Palantir engineers Nick Perry and Doug Proctor along with Adam Reis.

Founded 2019
Country United States
CEO Nick Perry
Founders Nick Perry, Doug Proctor, Adam Reis
Headquarters San Francisco, CA

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News

Candid Health Raises $120M Led by Sixth Street Growth to Fuel Autonomous Revenue Cycle Management in Healthcare

Sixth Street Growth led Candid Health's $120 million Series D as the company reported 190% year-over-year ARR growth.

6 weeks ago - Sixth Street

Candid Health Raises $120M Led by Sixth Street Growth to Fuel Autonomous Revenue Cycle Management in Healthcare

Candid Health raised $120M in Series D funding led by Sixth Street Growth, tripling its valuation since its February 2025 Series C and bringing total funding above $219M.

6 weeks ago - Candid Health

Candid Health Snags $120M for AI RCM Platform

Candid Health closed a $120M Series D round to invest in automation and agentic revenue-cycle management tools for healthcare providers.

6 weeks ago - MedCity News

Candid Health raises $120 million to take on America's $280 billion medical billing mess

Candid Health raised $120 million in Series D funding led by Sixth Street Growth to expand its automated medical billing platform. The company said the round tripled its valuation from its February 20...

6 weeks ago - Fortune

RCM automation company Candid Health secures $120M series D

Candid Health picked up $120 million in a Series D round as venture funding for AI-powered revenue cycle management surges. The company said it has raised more than $219 million to date.

6 weeks ago - Fierce Healthcare

Candid Health Named a Fierce Healthcare Innovation Awards Winner in the Financial Solutions Category

Candid Health was named a winner in the Financial Solutions category of the Fierce Healthcare Innovation Awards. The program recognizes products improving clinical and financial outcomes across health...

9 months ago - PR Newswire

Candid Health Raises $52.5 Million Series C

Candid Health raised $52.5 million in Series C funding led by Oak HC/FT, bringing its total raised to $99.5 million. The company said it would use the capital to enhance generative AI features and exp...

1 year ago - Candid Health