# Nick Perry

> Nick Perry is the co-founder and CEO of Candid Health, a San Francisco-based AI-powered revenue cycle management platform that is rebuilding how healthcare billing works from the ground up. A Stanford-trained biomedical informaticist and five-year Palantir veteran, Perry founded Candid in 2019 with co-founders Doug Proctor and Adam Reis to solve one of healthcare's most stubborn problems: the $280 billion annual cost of incorrect medical claims. Candid's platform focuses on submitting claims correctly the first time - rather than fixing them after denial - and has scaled to serve 200+ healthcare organizations with 95%+ touchless claim rates, nearly 250% revenue growth in 2024, and $99.5 million in total funding.

- **Role:** Co-founder and CEO at Candid Health
- **Organizations:** Candid Health, Palantir Technologies, Accenture Digital, Y Combinator, Institut Pasteur, Team Rubicon USA
- **Nationality:** American
- **Education:** B.A. in Human Biology, Stanford University, M.S. in Biomedical Informatics, Stanford University School of Medicine
- **Known for:** Co-founded Candid Health, growing it to 200+ healthcare organization customers, Raised $99.5M in total venture funding including a $52.5M Series C led by Oak HC/FT, Achieved 95%+ touchless claim rates and payor net collection rates for customers

## Career timeline

- **~2008-2010** — Undergraduate research at Stanford University and Institut Pasteur
- **2010-2012** — Consultant at Accenture Digital, advising on digital transformation
- **2012-2017** — Commercial Lead for Healthcare at Palantir Technologies - spent 5 years applying data infrastructure to enterprise healthcare
- **2017-2019** — Departed Palantir; explored healthcare's revenue cycle problem; associated with Team Rubicon USA
- **2019** — Co-founded Candid Health with Doug Proctor and Adam Reis; entered Y Combinator
- **2024** — Raised $29M Series B led by 8VC; company achieved ~250% YoY revenue growth
- **2025-02** — Raised $52.5M Series C led by Oak HC/FT, bringing total funding to $99.5M

## Achievements

- Co-founded Candid Health, growing it to 200+ healthcare organization customers
- Raised $99.5M in total venture funding including a $52.5M Series C led by Oak HC/FT
- Achieved 95%+ touchless claim rates and payor net collection rates for customers
- Drove nearly 250% year-over-year revenue growth in 2024
- Built a reverse-engineered rules engine covering thousands of insurer-specific billing rules
- Expanded Candid Health to serve major telehealth providers including Allara, Nourish, and Talkiatry
- Y Combinator alumni; backed by First Round Capital, BoxGroup, 8VC, and Oak HC/FT

## Latest updates

- **2025-02** — Candid Health raised $52.5M Series C led by Oak HC/FT, bringing total funding to $99.5M
- **2024-10** — Raised $29M Series B led by 8VC to expand the revenue cycle automation platform
- **2024-06** — Candid Health reported $8.3M in revenue; 2024 full-year growth reached nearly 250% YoY
- **2024** — Expanded customer base to 200+ healthcare organizations including major telehealth providers

## Links

- Website: https://candidhealth.com
- LinkedIn: https://www.linkedin.com/in/nick-perry-36b0364
- Twitter/X: https://twitter.com/nick_perry

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Profile page: https://yespress.io/nick-perry
Published by YesPress — https://yespress.io
Last updated: 2026-05-07
