Candid Therapeutics

Closed

Rewriting the Biology of Autoimmune Disease

San Diego, United States · Founded 2024 · $875.0M raised

Employees
11–50
Founded
2024
Business Model
B2B
Total Funding
$875.0M
Last Round
$505.0M Venture RoundMar 2026
Rounds
2

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

About

Candid Therapeutics is a clinical-stage biopharmaceutical company developing bispecific antibody therapies for autoimmune and inflammatory diseases. Founded in 2023 and backed by $370M in funding, the company is building a pipeline of next-generation immunology treatments targeting unmet medical needs in conditions such as lupus and myasthenia gravis.

Summary

Candid Therapeutics is a Biotech company based in San Diego, United States, founded in 2024. It has raised $875.0M in total across 2 rounds, most recently a $505.0M Venture Round in Mar 2026.

Funding & Exit History

MergerMerger with RallybioMar 2026

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Funding: Seed through Venture Round. Amounts, valuations, and investors where available.

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