# CandorIQ

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/candoriq

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.candoriq.com
- Total disclosed funding: $4.8M
- Latest round: Seed (Jul 22, 2025)
- Investors on record: 4

## About

Based in California, US, and co-founded by Varun Dodla, Haris Ikram (CEO), and Sutthipong Thavisomboon (CTO), in 2023, CandorIQ, Inc. operates as a software-as-a-service (SaaS) company offering HR and workforce software. Some of the firm’s clients include IntelliGuard, ELEVATE, Convex, BenchPrep, etc. In July 2025, CandorIQ, Inc. raised USD 4.8 million in seed funding led by new investor Array Ventures, with participation from other new investors Y Combinator, CRV, and Switch VC. The company offers a platform, CandorIQ for people spend management for organizations. The platform offers a suite of tools designed to streamline and optimize compensation and headcount practices, reducing reliance on manual processes and spreadsheets. With features such as global benchmarking data, churn prediction, and real-time merit cycle execution, CandorIQ provides actionable insights to enhance workforce management. Additionally, CandorIQ can be integrated with over 80 HR systems, including BambooHR, Workday, and Gusto, CandorIQ. The firm mainly caters to the diverse needs of HR, finance leaders, people managers, employees, candidates, recruiters, talent leaders, and compensation analysts. The company will use the July 2025 funding to accelerate product development, expand the platform's AI capabilities and grow its engineering and go-to-market teams.

## Funding rounds

- Seed, Jul 22, 2025, $4.8M — CRV, Y Combinator, Switch VC, Array Ventures

## Investors

- CRV (https://capitalatlas.ai/funds/crv) — Seed
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Switch VC (https://capitalatlas.ai/funds/switch-vc) — Seed
- Array Ventures (https://capitalatlas.ai/funds/array-ventures) — Seed