Candex

San Francisco, United States Founded: 2011 • Age: 15 yrs
Invoices are financed via an online platform for business payments.
Annual revenue - Latest available
Total funding $113.5M 6 rounds
Employees - Tracked headcount
Investors 18 Known backers
Products 1 Services tracked
Competitors 9 Brand Intelligence

About Candex

Candex is a company based in San Francisco (United States) founded in 2011 by Shani Vaza-Wahrmann. Candex has raised $113.5 million across 6 funding rounds from investors including American Express, Goldman Sachs and J P Morgan. Candex offers products and services including Candex Platform. Candex operates in a competitive market with competitors including LiquidX, LSQ, Nvoicepay, Shengye Capital and Kountable, among others.

  • Headquarter San Francisco, United States
  • Founders Shani Vaza-Wahrmann
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
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  • Social
    Locked
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $113.5 M (USD)

    in 6 rounds

  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    Not available
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Products & Services of Candex

Candex offers a comprehensive portfolio of products and services, including Candex Platform.

Product name locked
Category locked
Primary

Platform for engaging, tracking, and paying vendors compliantly

People of Candex

Headcount 50-200
Employee Profiles 69
Employee Profiles
People
Shruti Mehta
Manager, Data Analytics
People
Zac Schroepfer
Chief Of Staff
People
Jill Listak
Regional Vice President Customer Success
People
Sofina Lin
Product Manager

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Funding Insights of Candex

Candex has successfully raised a total of $113.5M across 6 strategic funding rounds. 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 Candex

Candex has secured backing from 18 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include American Express, Goldman Sachs and J P Morgan.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Investment banking services are delivered across multiple financial sectors.
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Venture capital firm focused on SaaS, mobile tech, AI, and multiple sectors
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Venture capital firm offering funding and tools for startups in technology and investment sectors.
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Investor details for Candex

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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Investments & Acquisitions by Candex

Investments
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Investment portfolio details for Candex

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
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Financial Statements - Candex

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Detailed financials for Candex

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  • Profit trends
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Candex Comparisons

Candex Primary company
Description
Invoices are financed via an online platform for business pa...
Location
San Francisco, United States
Founded Year
2011
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Candex

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Candex

Candex 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 LiquidX, LSQ, Nvoicepay, Shengye Capital and Kountable, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Provider of a blockchain-enabled marketplace for trade finance assets and supply chain financing
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Trade financing loans are facilitated via an online marketplace.
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AP automation, commercial cards, and cross-border payments are provided.
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Supply chain financing is facilitated through an online marketplace platform.
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Online trade financing is provided to SMEs in developing countries.
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Detailed competitors of Candex

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  • Full company profiles
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Latest news on Candex

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Complete news archive for Candex

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Candex

Candex was founded in 2011 and raised its 1st funding round 7 years after it was founded.

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

Candex is a funded company, having raised a total of $113.5M across 6 funding rounds to date.

Candex was founded in 2011 in San Francisco, United States, as an online platform in the fintech sector focused on invoice financing. Invoices from businesses are purchased to advance funds promptly. Payments between companies and vendors are facilitated through the system. Tools for employee management and expense tracking are provided to aid decision-making. Subsidiary operations are supported, with local invoicing enabled in multiple international markets.

Candex's top competitors include LiquidX, Nvoicepay and LSQ.

Candex offers Candex Platform.

Candex has 18 investors. Key investors include American Express, Goldman Sachs, J P Morgan, Partech Partners, and World Innovation Lab.

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