AIFortuneabout 2 hours ago
Candid Health raises $120 million Series D
4 min read
Candid Health raised a $120 million Series D led by Sixth Street Growth, tripling its 2025 valuation. Annual recurring revenue grew 190% year over year. The company replaces outdated medical billing software with AI agents trained on over 1,000 insurers' rules, addressing the $280 billion annual U.S. billing administration cost.
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