Candid Health
About Candid Health
Candid Health is a Healthtech startup based in San Francisco, California, United States that has raised $220M in venture capital across 4 funding rounds since 2019. The company reached Series D stage in July 2026 with a $120M round led by Sixth Street Growth. Candid Health's investor base includes 9 institutional funds, with Sixth Street Growth leading the most recent equity round.
Candid Health is an autonomous revenue cycle management (RCM) platform for healthcare providers, using AI agents and a proprietary knowledge graph to automate medical billing, claims processing, denial prevention, and collections. The platform achieves 95–99% first-pass claim resolution rates and sub-20-day payment cycles, integrating with leading EMRs and payment processors to serve 200+ medical groups and digital health companies. Founded in 2019 by former Palantir executives, the company delivered 190% year-over-year revenue growth in 2025 and 180% net dollar retention. In July 2026, Candid Health raised $120 million in Series D financing led by Sixth Street Growth, tripling its 2025 valuation and bringing total funding to approximately $219.5 million.
Candid Health Funding Rounds Timeline
4 rounds · $220M raised · since 2019
| Round | Date | Amount | Valuation | Lead investor | Co-investors |
|---|---|---|---|---|---|
| Series D | July 2026 | $120M | — | Sixth Street Growth | Oak HC/FT, 8VC, Y Combinator, First Round Capital |
| Series C | February 2025 | $53M | — | Oak HC/FT | 8VC, First Round Capital, Y Combinator |
| Series B | October 2024 | $29M | — | 8VC | First Round Capital, BoxGroup, Y Combinator |
| Series A | April 2022 | $16M | — | First Round Capital | Y Combinator, 8VC |
Investors in Candid Health
9 institutional investors across 4 rounds
Lead investors
Co-investors
Recent news about Candid Health
Questions about Candid Health
How much has Candid Health raised?
Candid Health has raised $220M across 4 funding rounds since 2019.
Who are the investors of Candid Health?
Candid Health's investors include Sixth Street Growth, Oak HC/FT, 8VC, First Round Capital, Oak HC/FT, 8VC, Y Combinator, First Round Capital, BoxGroup.
When was Candid Health's last funding round?
Candid Health's most recent round was a $120M Series D in July 2026, led by Sixth Street Growth.
Where is Candid Health headquartered?
Candid Health is headquartered in San Francisco, California, United States, and was founded in 2019 by Nick Perry, Doug Proctor, Adam Reis.