Candex Overview

  • Year Founded
  • 2011

Year Founded

  • Status
  • Private

  • Employees
  • 214

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 in making 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
Corporate Office
  • 420 Lexington Avenue
  • Suite 300
  • New York, NY 10170
  • United States
+1 (202)
Primary Industry
Financial Software
Other Industries
Business/Productivity Software
Media and Information Services (B2B)
Vertical(s)
SaaS, FinTech
Corporate Office
  • 420 Lexington Avenue
  • Suite 300
  • New York, NY 10170
  • United States
+1 (202)

Candex Timeline

2022202320242025
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 Completed Generating Revenue
8. Later Stage VC (Series A2) 03-Nov-2022 Completed Generating Revenue
7. Later Stage VC (Series A) 20-Apr-2021 Completed Generating Revenue
6. Seed Round 06-Nov-2019 Completed Generating Revenue
5. Seed Round 10-Apr-2018 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 »

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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 in making payments to vendors locall
Financial Software
New York, NY
214 As of 2025

San Francisco, CA
 

Montreal, Canada
 
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Candex Competitors (13)

One of Candex’s 13 competitors is Tradeshift, a Venture Capital-Backed company based in San Francisco, CA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Tradeshift Venture Capital-Backed San Francisco, CA
Nakisa Corporation Montreal, Canada
Coupa Private Equity-Backed Foster City, CA
Beeline (Jacksonville) Private Equity-Backed Jacksonville, FL
Basware Private Equity-Backed Espoo, Finland
You’re viewing 5 of 13 competitors. Get the full list »

Candex Patents

  • 4

    Total Documents Applications and Grants

  • Total Patents Families

  • 4

    Granted

  • Pending

  • Expiring in next 12 mo

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
US-20160036872-A1 Systems and methods for organizational collaboration Active 04-Aug-2014
US-20180262543-A1 Systems and methods for organizational collaboration Active 04-Aug-2014
US-10284611-B2 Systems and methods for organizational collaboration Active 04-Aug-2014 H04L65/403

Candex Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Candex Investors (26)

Investor Name Investor Type Holding Investor Since Participating Rounds
Hedosophia Venture Capital Minority
PROOF Venture Capital Minority
The Goldman Sachs Group Investment Bank Minority
WiL (World Innovation Lab) Venture Capital Minority
Altos Ventures Venture Capital Minority
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Candex FAQs

  • When was Candex founded?

    Candex was founded in 2011.

  • Where is Candex headquartered?

    Candex is headquartered in New York, NY.

  • What is the size of Candex?

    Candex has 214 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 .

  • How much funding has Candex raised over time?

    Candex has raised $83.2M.

  • Who are Candex’s investors?

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

  • Who are Candex’s competitors?

    Tradeshift, Nakisa, Coupa, Beeline (Jacksonville), and Basware are some of the 13 competitors of Candex.

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