# Candex Solutions

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/candex-solutions

- Industry: Financial Services
- Headquarters: New York, US
- Website: www.candex.com
- Total disclosed funding: $121M
- Latest round: Series C (Mar 17, 2026)
- Investors on record: 16

## About

Candex Solutions, Inc. provides innovative logistics and supply chain solutions, enhancing operational efficiency through advanced data analytics and real-time tracking for businesses across various sectors. Founded in 2011, Candex Solutions, Inc. operates from New York, US, focusing on logistics and supply chain solutions. The company was established by Jeremy Lappin, who has a background in founding other ventures. In March 2026, Candex Solutions, Inc. raised USD 40 million in series C funding from HSBC Ventures. Candex specializes in providing innovative solutions designed to streamline operational efficiency within the logistics and supply chain sectors. Their core product offerings include a robust platform that integrates advanced data analytics with real-time tracking capabilities, enabling clients to optimize their inventory management and reduce operational costs. The company primarily targets businesses in the retail and manufacturing industries, offering tailored solutions that cater to their specific logistical challenges. Candex's services are designed for a diverse clientele, including large corporations and small-to-medium enterprises, with applications that span across North America and Europe. Since their launch, the platform has gained traction among clients seeking to enhance transparency and accountability in their supply chain processes.Candex generates revenue through a subscription-based model that enables clients to access its suite of services on a monthly or annual basis. Clients engage with the platform under various pricing tiers, which are structured to accommodate different business sizes and operational needs. The transactions typically involve contracts that stipulate a range of services, including data analytics, real-time tracking, and support, with flagship offerings often highlighted in promotional materials. The company also pursues strategic partnerships with distributors and logistics providers, enhancing their service delivery while expanding their market reach. This multifaceted approach to revenue generation ensures a steady stream of income as clients leverage Candex’s technology to enhance their supply chain efficiencies. 

The company will use the March 2026 funding to advance its long-term vision of automating and controlling high-volume, small-value supplier transactions within enterprise finance.

## Funding rounds

- Series C, Mar 17, 2026, $7M — HSBC Ventures
- Series C, Jul 7, 2025, $33M — Altos Ventures, Goldman Sachs Asset Management, Edenred Capital Partners, NFX, Craft Ventures, Hedosophia, 9Yards Capital
- Series B, Nov 28, 2023, $45M — Goldman Sachs Asset Management, World Innovation Lab
- Series A, Nov 3, 2022, $12M — Craft Ventures
- Series A, Apr 20, 2021, $20M — Altos Ventures, JP Morgan Asset Management, American Express Ventures, NFX
- Seed, Mar 23, 2018, $3.5M — Partech Partners, Big Sur Ventures, Tekton Ventures, Camp One Ventures, Edenred Capital Partners, NFX, Advisors.fund

## Investors

- Partech Partners (https://capitalatlas.ai/funds/partech-partners) — Seed
- Big Sur Ventures (https://capitalatlas.ai/funds/big-sur-ventures) — Seed
- Tekton Ventures (https://capitalatlas.ai/funds/tekton-ventures) — Seed
- Camp One Ventures (https://capitalatlas.ai/funds/camp-one-ventures) — Seed
- Edenred Capital Partners (https://capitalatlas.ai/funds/edenred-capital-partners) — Seed, Series C
- NFX (https://capitalatlas.ai/funds/nfx) — Seed, Series A, Series C
- Advisors.fund (https://capitalatlas.ai/funds/advisors-fund) — Seed
- Altos Ventures (https://capitalatlas.ai/funds/altos-ventures) — Series A, Series C
- JP Morgan Asset Management (https://capitalatlas.ai/funds/jp-morgan-asset-management) — Series A
- American Express Ventures (https://capitalatlas.ai/funds/american-express-ventures) — Series A
- Craft Ventures (https://capitalatlas.ai/funds/craft-ventures) — Series A, Series C
- Goldman Sachs Asset Management (https://capitalatlas.ai/funds/goldman-sachs-asset-management) — Series B, Series C
- World Innovation Lab — Series B
- Hedosophia (https://capitalatlas.ai/funds/hedosophia) — Series C
- 9Yards Capital (https://capitalatlas.ai/funds/9yards-capital) — Series C
- HSBC Ventures (https://capitalatlas.ai/funds/hsbc-ventures) — Series C