Biotech

Candid Therapeutics

Candid Therapeutics raises $370M Series A at $1.2B valuation

$370M
Total Raised
Series A
Latest Round
2023
Founded
70+
Employees
San Francisco, CA
1 min read

Quick Facts

Valuation
$1.2B
Latest Round Size
$370M
Latest Round Date
September 2024

Candid Therapeutics: Series A Funding Round

Candid Therapeutics has successfully raised $370M in Series A funding, reaching a valuation of $1.2B.

Company Overview

Developing novel therapeutics for autoimmune diseases

Funding Details

The Series A round was led by Venrock, with participation from Fairmount, TCGX.

Company Information

  • Headquarters: San Francisco, CA
  • Founded: 2023
  • Employees: 70+
  • Category: Biotech

Investment

Candid Therapeutics plans to use the funds to accelerate product development, expand its team, and scale operations globally.

About the Investors

  • Venrock: Verified investor in Series A
  • Fairmount: Verified investor in Series A
  • TCGX: Verified investor in Series A

Key Investors

Venrock
Lead Investor
Verified investor in Series A
Fairmount
Investor
Verified investor in Series A
TCGX
Investor
Verified investor in Series A

About the Author

Editorial Team
Editorial Team
Curated funding news from verified sources