Biotech
Candid Therapeutics
Candid Therapeutics raises $370M Series A at $1.2B valuation
San Francisco, CASeptember 9, 20241 min read
Total Raised
$370M
Valuation
$1.2B
Latest Round
Series A
Employees
70+
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
Company Info
Headquarters
San Francisco, CA
Founded
2023
Team Size
70+
Last Round
$370M(Sep 2024)
Investors (3)
V
VenrockLeadLead Investor
Verified investor in Series A
F
FairmountInvestor
Verified investor in Series A
T
TCGXInvestor
Verified investor in Series A
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