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Candid Health raises $120 million in a Series D round led by Sixth Street Growth to tackle America's vast medical billing complexities.
PRIVATEJul 22, 2026•2 months ago
Amount Raised
$120 Million
Round Type
Series D
San FranciscoHealth Care
Investors
Y Combinator8 VCOak Hc/FtSixth Street Growth
Description
Candid Health has secured $120 million in a Series D funding, led by Sixth Street Growth. Existing investors Oak HC/FT, 8VC, and Y Combinator also participated. The funding will help enhance their AI-driven billing operations for healthcare providers. Candid's annual recurring revenue has grown 190% year-over-year as they continue to innovate in medical billing.
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.
Fundz sees it the moment Candid Health raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
San FranciscoHealth Care