How much funding has Candex raised?

Candex has raised $158.5M in total funding, most recently a Series B round.

Who are Candex's investors?

Candex's investors include Goldman Sachs, 9Yards Capital, Edenred Capital Partners, HSBC, Craft Ventures, Altos Ventures.

Where is Candex headquartered?

Candex is headquartered in San Francisco, California, United States.

What industry is Candex in?

Candex operates in Fintech, Payments, Workflow Automation.

Candex

Technology-Based Master Vendor for Tail-Spend Procurement

San Francisco, United States · Founded 2011 · $158.5M raised

Fintech

Payments

Workflow Automation

Headquarters: San Francisco, California
Employees: 51–200
Founded: 2011
Business Model: B2B

Website: candex.com
Total Funding: $158.5M
Last Round: $45.0M Series BMay 2026
Rounds: 8

About

Candex is a fintech master vendor platform that enables enterprises to engage, manage, and pay tail-spend vendors quickly and compliantly without complex onboarding or vendor record setup in financial systems. The platform delivers control, speed, tax compliance, and full visibility across all tail-spend purchasing, serving hundreds of Fortune 2000 companies across more than 50 countries. Candex has raised over $120M in funding and counts HSBC, Sanofi, Diageo, Roche, and Dell Technologies among its customers.

Summary

Candex is a Fintech company based in San Francisco, United States, founded in 2011. It has raised $158.5M in total across 8 rounds, most recently a $45.0M Series B round in May 2026. Investors include Goldman Sachs, 9Yards Capital and Edenred Capital Partners.