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Candid Health

Other Healthcare Services · San Francisco, CA · Founded 2019 · Privately Held (backing)

Developer of a revenue cycle automation platform designed to make medical billing easy. Candid Health is based in San Francisco, CA and was founded in 2019. It was valued at $250 million at its later-stage round in Jan 2025, the last priced event on record. It has raised $99.5 million across 1 recorded round; the latest was a $29 million Series B in Jun 2023.

PMV mark · valuation
$250.0M
Oct 2026
Priced at
its later-stage round
Jan 2025
Total raised
$99.5M
Last round
Early Stage VC (Series B)
Jun 2023

Candid Health key facts

as of Oct 2026
  • Developer of a revenue cycle automation platform designed to make medical billing easy.
  • Candid Health is valued at approximately $250.0M as of Oct 2026, set at its later-stage round, Jan 2025; nothing has traded since, per PrivateMarketView’s mark.
  • It has raised $99.5M across 1 recorded rounds; the latest was Early Stage VC (Series B) ($29.0M) in Jun 2023.
  • Notable investors include Y Combinator, Astir Ventures, BoxGroup, 8VC, First Round Capital — 13 tracked in total.
  • Status: Privately Held (backing).
PrivateMarketView mark
LOW confidence
$250.0M

Valued at $250.0M at its later-stage round, Jan 2025. Nothing has traded since.

set by its last priced roundas of Oct 2026question about this number?
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Candid Health funding rounds

1 rounds
Jun 2023Early Stage VC (Series B)$29.0M▮
Full funding history →

Candid Health leadership

Candid Health valuation

Candid Health was valued at $250 million at its later-stage round in Jan 2025. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has Candid Health raised?

Candid Health has raised $99.5 million in total; 1 of its rounds is on record. The largest on record was a $29 million Series B in Jun 2023.

Candid Health investors

13 investors are on record for Candid Health, including Y Combinator, Astir Ventures, BoxGroup and 8VC. By type, the record holds 5 venture capital firms and 1 angel investor. The Series B in Jun 2023 drew 5 investors.

Who runs Candid Health

3 people are listed on the Candid Health team: 3 executives, including Doug Proctor (Co-Founder) and Nicholas Perry (Co-Founder). 3 of them have a verified direct contact on file.

Comparable companies

Comparable other healthcare services names by valuation on PrivateMarketView: Omada ($1.1 billion), Caidya ($1 billion) and Ash ($45 million).

About Candid Health

Developer of a revenue cycle automation platform designed to make medical billing easy. The company's platform easily integrates with existing custom and commercial infrastructure and offers modern tools for managing the complexity of medical billing, enabling healthcare providers to focus on accessible care.

Industry
Other Healthcare Services
Sector
Healthcare
HQ
San Francisco, CA, United States
Founded
2019
Employees
164
Ownership
Privately Held (backing)

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