Candid Health Raises $120 Million In Series D Round Led By Sixth Street

Candid Health, a healthcare infrastructure company focused on automating medical billing, has raised a $120 million Series D led by Sixth Street, with participation from Oak HC/FT, 8VC, Y Combinator, and other existing investors. Founded by Nick Perry (CEO) and Doug Proctor, the company uses AI agents and rules engines to help healthcare providers streamline claims processing, reduce administrative costs, and improve payment collection, bringing its total funding raised to more than $219 million.

FOUNDERS: Nick Perry & Doug Proctor

INVESTORS: Sixth Street, Oak HC/FT, 8VC & Y Combinator

ROUND: Series D AMOUNT: $120,000,000

HQ: San Francisco, California

#VentureCapital #CandidHealth #NickPerry #DougProctor #TradedVC