Candid Health raised $52.5M in a Series C funding round led by Oak HC/FT to expand customer relationships with multi-site provider groups across the United States.

Feb 12, 2025•10 months ago

Amount Raised

$52.5 Million

Round Type

series c

San FranciscoHealth Care

Investors

Oak Hc/Ft

Description

Candid Health, a provider of autonomous revenue cycle automation solutions for healthcare providers, raised $52.5M in a Series C funding round. This investment brings Candid's total funding to $99.5M, aimed at enhancing their customer engagement and operational efficiency.

Company Information

Company

Candid Health

Location

San Francisco, California, United States

About

Candid Health is a billing automation company that specializes in streamlining healthcare billing processes. Their solutions aim to simplify the complexities involved in billing, making it easier for both patients and healthcare providers. With a focus on improving financial outcomes, Candid Health leverages technology to enhance the patient experience.

Related People

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Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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