Candid

Atlanta, United States Founded: 2013 • Age: 13 yrs Acquired By McKinsey
Cloud computing services are provided by Candid to various clients.
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About Candid

Candid is a company based in Atlanta (United States) founded in 2013 was acquired by McKinsey in February 2021.. Candid operates in a competitive market with competitors including Datapipe, Crayon, 2nd Watch, All Cloud and SoftwareONE, among others.

  • Headquarter Atlanta, United States
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Enterprise IT Services & Distribution
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    McKinsey

    (Feb 10, 2021)

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Funding Insights of Candid

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Candid

Candid has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include McKinsey. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Global management consulting is provided to businesses and governments.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Candid

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Candid

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Candid Comparisons

Employees
+
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Competitors of Candid

Candid 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 Datapipe, Crayon, 2nd Watch, All Cloud and SoftwareONE, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Managed hybrid cloud services are provided for enterprises.
domain founded_year HQ Location
Crayon is involved in unspecified business activities.
domain founded_year HQ Location
Public cloud workload management tools and services are provided.
domain founded_year HQ Location
Services for the development and support of cloud-based applications
domain founded_year HQ Location
IT service suite solutions are provided globally by SoftwareONE.
domain founded_year HQ Location
Cloud services in PaaS, SaaS, and IaaS are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Candid

Frequently Asked Questions about Candid

When was Candid founded?

Candid was founded in 2013.

Where is Candid located?

Candid is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.

What does Candid do?

Candid was founded in 2013 and is headquartered in Atlanta, United States. Operations are centered on the delivery of cloud computing services, accessible via the domain candid.cloud. The company functions within the technology sector, offering infrastructure and platform solutions for data storage, processing, and scalability. Services are tailored for businesses seeking reliable cloud environments, with a focus on secure and efficient digital operations across the United States.

Who are the top competitors of Candid?

Candid's top competitors include Crayon, All Cloud and Ukcloud.

Who are Candid's investors?

Candid has 1 investor. Key investors include McKinsey.

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