Candid Raises $200M in Series D

Candid has successfully raised $200M in a Series D at a $1.5B valuation led by General Catalyst, Index Ventures.

Company Overview

Candid is a AI/ML company headquartered in San Francisco, CA, founded in 2021 with 250+ employees.

AI for business intelligence

Fundraising Details

Amount Raised: $200M
Round Type: Series D
Valuation: $1.5B
Date: 2025-08-27
Investors: General Catalyst, Index Ventures

About Candid

AI for business intelligence The company is positioned in the AI/ML sector, serving a growing market with innovative solutions.

Key Information

Headquarters: San Francisco, CA
Founded: 2021
Team Size: 250+
Industry: AI/ML

What This Means

This funding round demonstrates strong investor confidence in Candid's vision and execution. The capital will likely be used to:

Scale Operations: Expand the team and operational capacity
Product Development: Enhance existing products and develop new features
Market Expansion: Enter new markets and strengthen presence in existing ones
Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The AI/ML sector continues to attract significant investment as companies innovate to meet evolving market demands. Candid's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $1.5B valuation marks an important milestone for Candid, positioning the company among notable players in the AI/ML industry.

Looking Ahead

With this new capital, Candid is well-positioned to execute on its growth strategy and continue building innovative solutions in the AI/ML space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2025-08-27. For more information about Candid, visit their headquarters at San Francisco, CA.