# Candid Health

> Candid Health is a San Francisco-based revenue cycle management platform that uses automation and AI to fix one of healthcare's quietest disasters: medical billing. Founded in 2019 by ex-Palantir healthcare lead Nick Perry with Doug Proctor and Adam Reis, Candid treats claims submission as a data engineering problem, helping providers like Nourish, Allara, and Talkiatry collect more, faster, with less manual work.

- **Founded:** 2019
- **Headquarters:** San Francisco, United States
- **Founders:** Nick Perry (Co-founder & CEO), Doug Proctor (Co-founder & COO), Adam Reis (Co-founder & CTO)
- **Team size:** ~150
- **Products:** Revenue Cycle Automation Platform, Custom Rules Engine, Claims Data Export API, Analytics & Reporting
- **Notable:** Grew revenue nearly 250% year-over-year in 2024, Raised $97.78M in total funding across four rounds, Trusted by 200+ healthcare organizations

## Products & services

- **Revenue Cycle Automation Platform** — End-to-end automation across the claims lifecycle - eligibility checks, coding, submission, denial management, and payment posting.
- **Custom Rules Engine** — A reverse-engineered model of payer rules that catches errors before claims are submitted.
- **Claims Data Export API** — Interoperable APIs that push granular revenue data into customer warehouses and EHRs.
- **Analytics & Reporting** — Real-time dashboards on net collection rate, cost to collect, touchless claim rate, and denial trends.

## Achievements

- Grew revenue nearly 250% year-over-year in 2024
- Raised $97.78M in total funding across four rounds
- Trusted by 200+ healthcare organizations
- Brand relaunch in August 2025 signaling a new era for RCM

## Latest updates

- **2025-08** — Brand relaunch - new identity centered on a Venn-diagram icon symbolizing the intersection of finance and healthcare.
- **2025-02** — Closed $52.5M Series C led by Oak HC/FT to expand GenAI features and reach more multi-site provider groups.
- **2024-08** — Raised $29M Series B six months before the Series C.

## Links

- Website: https://candidhealth.com
- LinkedIn: https://www.linkedin.com/company/candid-health
- Twitter/X: https://twitter.com/candid_health

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Profile page: https://yespress.io/candid-health
Published by YesPress — https://yespress.io
Last updated: 2026-05-19