Candex
Technology-Based Master Vendor for Tail-Spend Procurement
San Francisco, United States · Founded 2011 · $158.5M raised
- 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.
Tech & App Stack
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Funding History
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May 2026
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Seed through Series B — per-round amounts, valuations, and who invested in each round.
Investors
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