Candid Health Secures $29M Series B to Automate Healthcare Billing
Slice of Healthcare Team
09/13/2024
Key Highlights
- Candid Health raises $29M Series B led by 8VC.
- The platform automates medical billing for 150+ healthcare providers.
- Candid's automation enables 95-99% first pass resolution on claims.
- Supported by Y Combinator, First Round Capital, BoxGroup, and 8VC.
- The company has raised a total of $47M.
Source: Newswire
Notable Quotes
“ Candid Health transformed the way we do business. We went from a manual process to automation that submits claims efficiently and correctly. ”
Stephanie Liu, Co-founder at Nourish
“ We focus on submitting claims correctly the first time so that there are no issues to fix. ”
Nick Perry, CEO at Candid Health
“ Candid Health brings urgently needed simplicity to the complexity that characterizes medical billing. ”
Sebastian Caliri, Partner at 8VC
