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Candex

Candex

Private
New York City, New YorkFinTechhttps://www.candex.com/

Last Round

Series C

Extension

Mar 17, 2026

Est. Valuation

$333M

Total Funding Raised

$120.5M

Momentum

Top 50%

of companies Caplight tracks

Company Overview

Candex is a financial technology company that provides an enterprise procurement and payment processing platform designed to manage tail spend and streamline vendor onboarding for large organizations.

Sector

FinTech

Verticals

Digital Payments, Supply Chain, Workflow Automation

Business Model

B2B

Customer Profile

Payment Processing Fee, Subscription SaaS

AI Layer

Application

Keywords

tail-spend managementmaster vendorvendor onboardingspend managementglobal vendor paymentsprocurement automationB2B paymentsprocurement softwareprocurement techinvoice automationvendor-of-recordenterprise procurementpayment processingfintechSaaS platform

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Candex Comparables

Compare Candex with similar companies based on industry and business-model similarity.

Candex comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Tipalti
74%
Tradeshift
73%
Order.co
71%

Candex Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series C ExtensionMar 17, 2026
Series CJul 14, 2025
Series BNov 28, 2023
Series A ExtensionNov 2, 2022
Series AApr 20, 2021
Seed
Mar 23, 2018

Key People

Founding team and executive leadership

Shani Vaza-Wahrmann

Chief R D Officer, Co-Founder

Founding Team

Sagar Kumar

I'm ceo

Executive Team

Ankur G.

Chief Financial Officer

Executive Team

Candex Investors

Notable investors and investment history

Candex investors
InvestorRounds
World Innovation LabSeries B, Series C Extension
PartechSeed
Edenred Capital PartnersSeries A, Seed
Commerce VenturesSeries A
NFXSeries A, Series B, Series C Extension, Series C, Seed
Advisors.FundSeed
Goldman Sachs (Asia) LLCSeries C

Market signals

Structured signals derived from secondary market and firmographic data.

  • May 16, 2026

    Monthly visitors increased 40% MoM.

  • Apr 22, 2026

    Recognized in the ProcureTech 100 for Procurement Innovation.

Candex Filings

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Candex filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about Candex's valuation, stock price, and market status.

Is Candex a public or private company?

Candex is a private company.

What is the current stock price of Candex?

Candex is a private company with no public stock price. No recent secondary market data is available.

How much is Candex worth (valuation)?

Candex's valuation is estimated at $300.0M based on funding round data.

Can I buy Candex stock?

Candex shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Candex's last funding round?

Candex's most recent funding round was Series C Extension on November 28, 2023.

Who are the main investors in Candex?

Key investors in Candex include Partech, Edenred Capital Partners, NFX, Advisors.Fund, Goldman Sachs Asset Management Private Equity.

Will Candex IPO soon?

No public IPO plans have been announced for Candex.

How can I track Candex secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Candex's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersNew York City, New York
Employee Range248
Year Founded2011
Last FundingMar 17, 2026

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