Candesant

San Francisco, United States Founded: 2016 • Age: 10 yrs
Non-invasive energy device for hyperhidrosis treatment is provided.
Annual revenue - Latest available
Total funding $44.5M 2 rounds
Employees 3 Tracked headcount
Investors 4 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Candesant

Candesant is a company based in San Francisco (United States) founded in 2016 by Niquette Hunt. Candesant has raised $44.49 million across 2 funding rounds from investors including KCK MedTech, Polaris Partners and Astia. The company has 3 employees as of December 31, 2021. Candesant operates in a competitive market with competitors including Sebacia, PhotoSonix Medical, Luma Therapeutics, Nano Ceuticals and Tiny Fat Eraser, among others.

  • Headquarter San Francisco, United States
  • Employees 3 as on 31 Dec, 2021
  • Founders Niquette Hunt
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Candesant Biomedical, Inc.
Operational Areas
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $44.49 M (USD)

    in 2 rounds

  • Latest Funding Round
    $35.36 M (USD), Series B

    Jun 06, 2023

  • Investors
    KCK MedTech

    & 3 more

  • Employee Count
    3

    as on Dec 31, 2021

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People of Candesant

Headcount 1-10
Employee Profiles 7
Employee Profiles
People
Alexandra Tudoran
Senior Director, Consumer Marketing
People
Jacob Waugh
Founder and Chief Scientific Officer
People
Mary Beth Kreissler
Chief Financial Officer
People
Ignacio Avila
Director Of Lean Manufacturing

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Funding Insights of Candesant

Candesant has successfully raised a total of $44.49M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $35.36 million completed in June 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Candesant

Candesant has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include KCK MedTech, Polaris Partners and Astia.

All
Venture Fund
Investor Description Founded Year Domain Location
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US focused venture capital firm
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Women-led startups are funded through stage-agnostic investments and angel networks.
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Investor details for Candesant

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Investments & Acquisitions by Candesant

Investments
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Investment portfolio details for Candesant

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Financial Statements - Candesant

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Detailed financials for Candesant

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Candesant Comparisons

Candesant Primary company
Description
Non-invasive energy device for hyperhidrosis treatment is pr...
Location
San Francisco, United States
Founded Year
2016
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
3
As of 2021
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Peer comparison for Candesant

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Competitors of Candesant

Candesant operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Sebacia, PhotoSonix Medical, Luma Therapeutics, Nano Ceuticals and Tiny Fat Eraser, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Develops topical microparticle therapies for dermatological conditions.
Locked Locked Locked
Combination Ultrasound & Phototherapy transducer for antibiotic resistant skin infections
Locked Locked Locked
Offers coal tar and light combination therapy for effective psoriasis treatment.
Locked Locked Locked
Nanoparticle-based products for cosmetics and health sectors are developed.
Locked Locked Locked
Sells devices for fat reduction, body shaping, and skin firming online.
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Detailed competitors of Candesant

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Latest news on Candesant

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Complete news archive for Candesant

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Frequently Asked Questions about Candesant

Candesant was founded in 2016 and raised its 1st funding round 4 years after it was founded.

Candesant is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Niquette Hunt is the current CEO of Candesant. They have also founded this company.

Candesant is a funded company, having raised a total of $44.49M across 2 funding rounds to date.

As of Dec 31, 2021, the latest employee count at Candesant is 3.

Candesant Biomedical was founded in 2016 in San Francisco, United States, and operates in the biomedical sector. A proprietary non-invasive device, CDX-101, is offered for treating hyperhidrosis by targeting and inactivating overactive sweat glands. The device is applied under the arms like a patch, where alkali metals interact with water to generate energy that reduces sweating and inhibits bacterial growth.

Candesant's top competitors include PhotoSonix Medical, Nano Ceuticals and Sebacia.

Candesant has 4 investors. Key investors include KCK MedTech, Polaris Partners, Astia, and Correlation Ventures.

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