# Candid Health

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/candid-health

- Industry: Healthcare IT
- Headquarters: San Francisco, US
- Website: www.candidhealth.com/
- Total disclosed funding: $185M
- Latest round: Series D (Jun 3, 2026)
- Investors on record: 6

## About

Based in the US, Candid Group, Inc., doing business as Candid Health, operates as a provider of medical payments platform for healthcare providers to manage billing complexities. Based in California, US, and founded in 2019 by CEO Nick Perry and Doug Proctor (COO), Candid Group, Inc., doing business as Candid Health operates as a healthcare technology company that focuses on providing a revenue cycle automation platform for the medical sector to streamline medical billing processes. Candid Health raised venture funding from Snowpoint Ventures. In June 2026, Candid Health raised USD 104.8 million in series D funding led by Sixth Street, with participation from Oak HC/FT, 8VC, First Round Capital, and Y Combinator. The company will use the funding to continue investing in automation, accelerate development of agentic/autonomous RCM solutions, and expand its team.


Candid Health offers a revenue cycle automation platform designed for healthcare providers. The platform automates and optimizes various aspects of the revenue cycle, helping organizations detect, flag, and resolve issues efficiently. It supports integration with existing systems through modern APIs, facilitating seamless connectivity with both custom and commercial infrastructures. Candid Health also provides reporting tools that enable users to identify real-time opportunities for improvement in their revenue processes. By streamlining billing and payment processes, the platform enhances operational efficiency for healthcare providers, allowing them to focus on delivering patient care.

## Funding rounds

- Series D, Jun 3, 2026, $105M — First Round Capital, Y Combinator, Oak HC/FT, 8VC, Sixth Street
- Series C, Feb 12, 2025, $53M — Oak HC/FT
- Series B, Jan 10, 2024, $12M — First Round Capital, Y Combinator, BoxGroup, 8VC
- Series A, Apr 1, 2022, $16M — First Round Capital

## Investors

- First Round Capital (https://capitalatlas.ai/funds/first-round-capital) — Series A, Series B, Series D
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Series B, Series D
- BoxGroup (https://capitalatlas.ai/funds/boxgroup) — Series B
- 8VC (https://capitalatlas.ai/funds/8vc) — Series B, Series D
- Oak HC/FT (https://capitalatlas.ai/funds/oak-hc-ft) — Series C, Series D
- Sixth Street (https://capitalatlas.ai/funds/sixth-street) — Series D