Candid Health

The revenue cycle automation platform.

joincandidhealth.com

HQ: San Francisco, CA, USA

51-200

Healthcare

Company research

Public company, workplace, funding, and market signals

Updated Aug 16, 2026

Overview

Candid Health is a healthcare revenue cycle management (RCM) automation platform that helps providers submit claims correctly the first time, reduce manual billing work, and improve net collections and cash flow.

Primary product

Autonomous revenue cycle management / medical billing automation platform

Founded

2019

Headquarters

San Francisco, California, United States

Team size

51-200 employees

Work style

Flexible

Industry

Hospitals and Health Care

Sub-industry

Revenue cycle management software / healthcare billing automation

Offices

New York City, New York, United States

Business model

B2B SaaS

enterprise software

usage/value-based services

Funding

Stage

Series D

Total raised

$219.4M

Latest round

Series D · Jul 2026

Latest amount

$120M

Series D

Jul 2026 · Sixth Street Growth

$120M

Series C

Feb 2025 · Oak HC/FT

$52.5M

Series B

Sep 2024 · 8VC

$29M

Series A

Apr 2022 · First Round Capital

$16M

Seed Round

Mar 2020 · 8VC

$2.3M

People & investors

Leadership

Nick Perry

Co-founder and CEO

Doug Proctor

COO & Co-founder

Bud M.

Chief Commercial Officer

Grace Romer

Head of People

Ruth Park

People Operations Lead

Brendan Sullivan

Head of Partnerships

Chris Schauerman

Director of Business Development

Daniel Kanter

Senior Product Manager

Founders

Adam Reis

Co-founder

Investors

Work & culture

Public signals emphasize rigor, automation, in-office collaboration in New York, and a highly execution-oriented culture focused on reducing manual work in healthcare billing.

Work style

Flexible

Compensation

Public evidence shows salary data for some roles on third-party company databases, but Candid’s own public compensation policy was not found.

Product & market

Pricing

Not publicly disclosed; likely enterprise SaaS / platform pricing with implementation and usage-based components.

Differentiators

—Automates claims submission and billing workflows end-to-end
—Claims correctly the first time with reduced manual intervention
—Unified data layer that can sit on top of or replace legacy RCM software
—Uses AI, machine learning, and automation for workflow orchestration
—Targets higher net collections and lower cost to collect

Technology

Google Cloud Platform

Google Cloud

Kubernetes

Docker

Terraform

React

TypeScript

Python

PostgreSQL

Snowflake

dbt

GraphQL

Auth0

Salesforce

HubSpot

Marketo

Looker

Tableau

6sense

Gong

Customers

Allara

Nourish

Talkiatry

Over 200 healthcare provider organizations

Competitors

athenahealth

Waystar

R1 RCM

Availity

Change Healthcare / Optum

Cedar

AKASA

Scale & contact

Estimated revenue

Approximately $1M-$10M annual revenue (Exa estimate); inconsistent with growth/funding signals and should be treated cautiously

Estimated monthly visits

23.7K

Traffic estimate as of Jun 2026

Latest news

Candid Health Snags $120M for AI RCM Platform

MedCity News · Jul 2026

Coverage of the Series D and the company’s stated plan to grow automation tooling and agentic RCM solutions.

Candid Health secures $120M in Series D

Candid Health · Jul 2026

Company announcement of a $120M Series D led by Sixth Street Growth with participation from Oak HC/FT, 8VC, and Y Combinator.

Candid Health Raises $120 Million in Series D Funding

Fierce Healthcare · Jul 2026

Candid announced a $120M Series D led by Sixth Street Growth; the report says total funding exceeded $219M and the company planned to invest in automation and agentic RCM.

Six months after raising $29M, Candid Health nabs another $52.5M to ease medical billing

TechCrunch · Feb 2025

TechCrunch reported on the Series C, the company’s growth, and customers including Allara, Nourish, and Talkiatry.

Candid Health Raises $52.5M in Series C Funding

Candid Health · Feb 2025

Primary-source announcement from Candid confirming the Series C, total funding at that time, and the company’s product mission.

About / team Blog Careers Company/About page Customer stories / case studies Homepage LinkedIn company page New York office lease coverage Partners Series D coverage

SourcesCandid Health homepage / company description Candid Health blog: Series C announcement AccessWire: Series B announcement TechCrunch: Series C coverage Fierce Healthcare: Series D coverage Commercial Observer: New NYC office lease

Jobs and careers at Candid Health

38 jobs at Candid Health

Technical Program Manager - Implementation

On-site

Product

San Francisco (CA), Denver (CO), New York (NY); San Francisco, Denver, California, Colorado, United States

1w ago

On-site

Full-time