
Candid Health is building a modern medical payments platform that enables healthcare providers to focus on delivering high-quality, affordable and accessible care, rather than spending half their time figuring out how to get paid by insurance.

Candid Health is building a modern medical payments platform that enables healthcare providers to focus on delivering high-quality, affordable and accessible care, rather than spending half their time figuring out how to get paid by insurance.
What they do: Revenue cycle automation platform for medical billing, claims validation, and collections
Founded / HQ: Founded 2019; San Francisco (teams also in New York and Denver)
Team size: Approximately 165 employees
Funding: Reported total funding around $97.8M (USD); recent Series C led by Oak HC/FT
Leadership: Co-founders include Nick Perry (CEO), Doug Proctor (COO), and Adam Reis
Medical billing, claims denials, and revenue cycle management for healthcare providers
2019
Hospitals and Health Care
29,000,000 USD
Reported prior round (~$29M) led by 8VC with participation from existing investors
52,500,000 USD
Most recent disclosed round reported as $52.5M led by Oak HC/FT
“Backed by institutional investors including Oak HC/FT, 8VC, First Round Capital, BoxGroup, and Y Combinator”
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