# Candu

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

- Industry: Software
- Headquarters: Los Angeles, US
- Website: www.candu.ai
- Total disclosed funding: $6.3M
- Latest round: Seed (Dec 10, 2020)
- Investors on record: 3

## About

Candu, Inc. is a no-code SaaS platform that empowers product and growth teams to create and manage in-app onboarding experiences and communications efficiently and intuitively, enhancing user engagement without the need for coding knowledge.Candu, Inc. is a technology company based in Los Angeles, US, founded in 2019 by Jonathan Anderson and Michele Esposito. The company focuses on providing a no-code platform that enables seamless in-app user experiences. In December 2020, Candu raised USD 5 million in SEED funding, led by Two Sigma Ventures, with participation from CRV, marking a pivotal moment as it expanded its operational capabilities. The company has completed a total of 4 deals, demonstrating its growth trajectory since inception.Candu is a no-code SaaS platform that enables product and growth teams to design, launch, and iterate on in-app onboarding experiences, banners, and product tours without the need for coding. The platform features a drag-and-drop editor with customizable components that are easily integrated into existing applications. It primarily serves non-technical individuals in SaaS companies and product management teams across North America, Europe, and emerging markets in Asia, facilitating personalized user experiences through data integration.Candu operates on a subscription-based revenue model, with pricing starting at USD 199 per month for its Starter plan. This structure allows clients to access comprehensive features including customizable onboarding experiences and in-app messaging capabilities. The pricing adjusts based on usage and additional features, fostering ongoing client relationships as they enhance their user experience strategies through the platform.Candu plans to leverage its recent SEED funding of USD 5 million, raised in December 2020, to develop new products and enhance its platform offerings. The company aims to expand into new geographical markets, particularly targeting regions in Asia by 2023, to tap into the growing demand for no-code solutions. This strategic direction seeks to capitalize on the evolving landscape of user engagement tools and position Candu for significant growth.

## Funding rounds

- Seed, Dec 10, 2020, $5M — CRV, Two Sigma Investments
- Seed, Jan 20, 2020 — Angular Ventures
- Seed, Jun 17, 2019, $1.3M — Angular Ventures

## Investors

- Angular Ventures (https://capitalatlas.ai/funds/angular-ventures) — Seed
- CRV (https://capitalatlas.ai/funds/crv) — Seed
- Two Sigma Investments (https://capitalatlas.ai/funds/two-sigma-investments) — Seed