Candex Overview

  • Year Founded
  • 2011

Year Founded

  • Status
  • Private

  • Employees
  • 120

Employees

  • Latest Deal Type
  • Series B

  • Latest Deal Amount
  • $45M

  • Investors
  • 26

Candex General Information

Description

Operator of an enterprise payment processing platform intended to assist businesses to make payments to vendors locally and globally. The company's platform acts as the master vendor for small suppliers allowing large companies to pay directly and then remit payments to the suppliers, enabling businesses to reduce friction and streamline business operations efficiently.

Contact Information

Website
www.candex.com
Formerly Known As
Candex Solutions
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Financial Software
Other Industries
Media and Information Services (B2B)
Business/Productivity Software
Corporate Office
  • 420 Lexington Avenue
  • Suite 300
  • New York, NY 10170
  • United States
+1 (215) 000-0000

Candex Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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Candex Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
9. Later Stage VC (Series B) 28-Nov-2023 $45M 000.00 Completed Generating Revenue
8. Later Stage VC (Series A2) 03-Nov-2022 0000 000.00 Completed Generating Revenue
7. Later Stage VC (Series A) 20-Apr-2021 0000 000.00 Completed Generating Revenue
6. Seed Round 06-Nov-2019 00.00 00.00 Completed Generating Revenue
5. Seed Round 10-Apr-2018 00.00 00.00 Completed Generating Revenue
4. Accelerator/Incubator 14-Feb-2018 Completed Generating Revenue
3. Accelerator/Incubator 19-Sep-2017 Completed Generating Revenue
2. Secondary Transaction - Private 01-Oct-2013 Completed Startup
1. Seed Round Completed Startup
To view Candex’s complete valuation and funding history, request access »

Candex Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Operator of an enterprise payment processing platform intended to assist businesses to make payments to vendors locally
Financial Software
New York, NY
120 As of 2023
000.00
00000000000 000.00

000000

cing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut
00000000000000000000
San Francisco, CA
000 As of 0000
00000
0000000000 0 00000

000000

lor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla paria
000000000 00000000
Montreal, Canada
000 As of 0000
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Candex Competitors (14)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Tradeshift Venture Capital-Backed San Francisco, CA 000 00000 0000000000 0 00000
Nakisa Corporation Montreal, Canada 000
Tableau Software Formerly VC-backed Seattle, WA 0000 00000 000000&0 00000
Basware Private Equity-Backed Espoo, Finland 0000 000.00 000000000
Calabrio Private Equity-Backed Minneapolis, MN 000 000.00 000000000 000.00
You’re viewing 5 of 14 competitors. Get the full list »

Candex Patents

Candex Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-9973552-B2 Systems and methods for organizational collaboration Active 04-Aug-2014 0000000000 0
US-20160036872-A1 Systems and methods for organizational collaboration Active 04-Aug-2014 0000000000 0
US-10284611-B2 Systems and methods for organizational collaboration Active 04-Aug-2014 0000000000 0
US-20180262543-A1 Systems and methods for organizational collaboration Active 04-Aug-2014 H04L65/403

Candex Executive Team (8)

Name Title Board Seat Contact Info
Jeremy Lappin Co-Founder & Chief Executive Officer
Prashan Kaitkay Chief Financial Officer
Danielle McQuiston Chief Customer Officer
Philip Gill Vice President of Operations
Shani Vaza-Wahrmann Co-Founder & Vice President, Research & Development
You’re viewing 5 of 8 executive team members. Get the full list »

Candex Board Members (5)

Name Representing Role Since
Clare Greenan Self Board Member 000 0000
Mark Goines Self Board Member 000 0000
Paul Fairbank Self Board Member 000 0000
You’re viewing 3 of 5 board members. Get the full list »

Candex Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Candex Investors (26)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
PROOF Venture Capital Minority 000 0000 000000 0
The Goldman Sachs Group Investment Bank Minority 000 0000 000000 0
WiL (World Innovation Lab) Venture Capital Minority 000 0000 000000 0
Altos Ventures Venture Capital Minority 000 0000 000000 0
Craft Ventures Venture Capital Minority 000 0000 000000 0
You’re viewing 5 of 26 investors. Get the full list »

Candex FAQs

  • When was Candex founded?

    Candex was founded in 2011.

  • Who is the founder of Candex?

    Jeremy Lappin and Shani Vaza-Wahrmann are the founders of Candex.

  • Who is the CEO of Candex?

    Jeremy Lappin is the CEO of Candex.

  • Where is Candex headquartered?

    Candex is headquartered in New York, NY.

  • What is the size of Candex?

    Candex has 120 total employees.

  • What industry is Candex in?

    Candex’s primary industry is Financial Software.

  • Is Candex a private or public company?

    Candex is a Private company.

  • What is Candex’s current revenue?

    The current revenue for Candex is 00000.

  • How much funding has Candex raised over time?

    Candex has raised $83.2M.

  • Who are Candex’s investors?

    PROOF, The Goldman Sachs Group, WiL (World Innovation Lab), Altos Ventures, and Craft Ventures are 5 of 26 investors who have invested in Candex.

  • Who are Candex’s competitors?

    Tradeshift, Nakisa, Tableau Software, Basware, and Calabrio are some of the 14 competitors of Candex.

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