# Candor Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/candor-technology

- Industry: Software
- Headquarters: Alpharetta, US
- Website: www.candortechnology.com
- Total disclosed funding: $13M
- Latest round: Series B (Feb 5, 2024)
- Investors on record: 3

## About

Based in Florida, US, and founded in 2018, Candor Technology, Inc. is a financial technology company that develops AI-based mortgage underwriting solutions. The company was founded by Thomas Showalter and is backed by investors led by Arthur Ventures in a USD 12.5 million Series A funding in August 2021.

Candor Technology uses Artificial Intelligence, known as Expert System Technology, that can replicate the thinking and decision-making ability of a human expert. The company's Loan Engineering System features three primary directives of mortgage lenders such as service borrowers, deliver quality loans to secondary market customers, and render increased value to shareholders. Its Mortgage Decision Science product feature extracting and analyzing data, accessing loan origination solutions, validating and verifying data. 

Candor Technology plans to further develop its patent-pending Loan Engineering System™, a machine that autonomously makes income, asset, and lending decisions that are backed by a defect policy.

## Funding rounds

- Series B, Feb 5, 2024 — Arthur Ventures, Assurant Growth Investing, Rice Park Capital Management
- Series A, Aug 13, 2021, $13M — Arthur Ventures

## Investors

- Arthur Ventures (https://capitalatlas.ai/funds/arthur-ventures) — Series A, Series B
- Assurant Growth Investing (https://capitalatlas.ai/funds/assurant-growth-investing) — Series B
- Rice Park Capital Management (https://capitalatlas.ai/funds/rice-park-capital-management) — Series B