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Candescent Health

Candescent Health
2009 FOUNDED
OOB STATUS
51-60 EMPLOYEES
Out of Business LATEST DEAL TYPE
Description

Developer of a cloud based radiology optimization software designed to improve the accuracy, speed and value of diagnostics. The company's software offers radiology-care delivery and manages radiology workflows for health systems and hospitals, enabling radiology providers to improve the quality, efficiency and value of the work.

Ownership Status
Out of Business
Financing Status
Formerly VC-backed
Primary Industry
Other Healthcare Technology Systems
Other Industries
Business/Productivity Software
Primary Office
  • 221 Crescent Street
  • Suite 301
  • Waltham, MA 02453
  • United States

+1 (866) 000-0000
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Candescent Health Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Out of Business 01-Mar-2018 000.00 Completed Out of Business
4. Later Stage VC (Series D) 28-Sep-2012 000.00 000.00 000.00 Completed Startup
3. Later Stage VC (Series C) 05-Oct-2010 000.00 0000 00000 Completed Startup
2. Early Stage VC (Series B) 24-Aug-2009 $12.6M $54.4M 00000 Completed Startup
1. Early Stage VC (Series A) 01-Apr-2009 $41.9M $41.9M 0000 Completed Startup
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Candescent Health Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned
Series D 0,000,000 00.000000 00 00.00 00.00 00 00.00 00.000
Series C 000,000 00.000000 00 0000.00 0000.00 00 0000.00 0.00
Series B 94,893 $0.000100 8% $140.68 $140.68 1x $140.68 2.66%
Series A 297,809 $0.000100 8% $140.68 $140.68 1x $140.68 8.34%
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Candescent Health Executive Team (15)

Name Title Board
Seat
Contact
Info
Andrew Webb Chief Financial Officer and Chief Administrative Officer
Jim Harper Vice President & Controller
Kevin Rego Director, Infrastructure
Diane Kaye Senior Vice President of Client Services
Lori Scanlon Vice President, Marketing and Communication

4 Former Executives

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Candescent Health Board Members (7)

Name Representing Role Since Contact
Info
Frank Seidelmann Self Chief Medical Officer and Board Member 000 0000
Jonathan Bush Self Board Member 000 0000
Randall Lipps Self Board Member 000 0000
Scott Seidelmann Self Founder, Chief Executive Officer and Board Member 000 0000

3 Former Board Members

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