Candid Therapeutics

Drug Discovery · San Diego, CA · Founded 2024 · Privately Held (backing)

Operator of a biotechnology research designed to create novel, easy-to-administer therapies for autoimmune diseases. Candid Therapeutics is based in San Diego, CA and was founded in 2024. It was valued at $657 million at its Series B in Aug 2024, the last priced event on record. It has raised $445 million across 1 recorded round; the latest was a $370 million Series B in Aug 2024.

PMV mark · valuation
$657.0M
Oct 2026
Priced at
its Series B
Aug 2024
Total raised
$445.0M
Last round
Early Stage VC (Series B)
Aug 2024
How much has Candid Therapeutics raised?
$445.0Macross 1 recorded rounds · Aug 2024 – Aug 2024

Most recently, Candid Therapeutics raised $370.0M in its Early Stage VC (Series B) (Aug 2024).

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Candid Therapeutics round by round

1 rounds
Aug 2024Early Stage VC (Series B)$370.0M▮
+ 1 more investors · free account

How much has Candid Therapeutics raised?

Candid Therapeutics has raised $445 million across 1 recorded round since 2024. The largest was a $370 million Series B in Aug 2024.

Candid Therapeutics has filed 1 Form D with the SEC, most recently in Sep 2024 ($206 million sold to 33 investors).

Candid Therapeutics investors

21 investors are on record for Candid Therapeutics, including Fidelity Management & Research Company, Qiming Venture Partners, OrbiMed and Franklin Resources. By type, the record holds 6 venture capital firms, 2 private equity firms and 1 asset manager. The Series B in Aug 2024 drew 20 investors.

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Frequently asked about Candid Therapeutics

How much has Candid Therapeutics raised?
Candid Therapeutics has raised $445.0M in total across 1 recorded funding rounds.
When was Candid Therapeutics's last funding round?
Candid Therapeutics's most recent recorded round was Early Stage VC (Series B) in Aug 2024, raising $370.0M.