Candex is a great tool for communication and payments. For buyers, it is the world's simplest vendor management system, for sellers, it is the simplest crm.
Location: United States
Employees: 11-50
Total raised: $141.5M
Founded date: 2016
Investors 11
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Funding Rounds 5
| Date | Series | Amount | Investors |
| 17.03.2026 | Series C | $40M | - |
| 15.07.2025 | - | $33M | - |
| 29.11.2023 | Series B | $45M | - |
| 21.04.2021 | Series A | $20M | - |
| 26.03.2018 | Seed | $3.5M | - |
Mentions in press and media 16
| Date | Title | Description |
| 21.03.2026 | Candex Secures $40M+ HSBC Investment for Global Tail Spend Dominance | Candex closed over $40M in Series C extension funding. Strategic investment came from HSBC. Total funding now surpasses $120M. This capital targets massive global infrastructure growth. Expansion into Asia is a key focus. Platform capabilit... |
| 17.03.2026 | Candex: $40+ Million Series C Extension Raised To Scale Tail-Spend Management Platform | Candex, a technology-based vendor management platform focused on simplifying enterprise tail spend, has extended its Series C funding round to more than $40 million with a strategic investment from HSBC, bringing total funding to over $120 ... |
| 17.03.2026 | Candex Extends Series C to $40M+ with Strategic Investment from HSBC | Candex, a NYC-based vendor-management and tail-spend-solutions provider for global enterprises, extended its Series C funding to over $40M with a strategic investment from HSBC. The raise brought the total funding to over $120M and added HS... |
| 15.07.2025 | Candex raises USD $33 million to expand global procurement platform | - |
| 29.11.2023 | Candex Raises $45M in Series B Funding | Candex co-founders Shani Vaza and Jeremy Lappin (Photo: Business Wire) Candex, a NYC-based vendor management and tail spend solutions provider, raised $45M in Series B funding. The round, which brought the total amount to $85M, was led by G... |
| 28.11.2023 | Candex lands $45M infusion to grow its procurement management business | Candex, a startup that aims to simplify procurement — specifically vendor management and payment processes — for businesses, today announced that it raised $45 million in a Series B investment led by Goldman Sachs with participation from Wi... |
| 21.04.2021 | Enterprise Payments Platform Candex Secures $20M via Series A led by Altos Ventures | Enterprise payments platform Candex has reportedly secured $20 million in capital via a Series A funding round that was led by Altos Ventures along with participation from NFX, American Express Ventures, and JP Morgan. Launched in 2011, Can... |
| 21.04.2021 | Funding for fintechs: Nymbus raises additional $15M; Candex reels in $20M | Facebook Tweet Pin LinkedIn Email This week brings a double helping of fintech funding. Nymbus, a Miami Beach-based provider of banking-as-a-service solutions, received a $15 million investment from London-based Financial Services Capital, ... |
| 20.04.2021 | Candex Completes $20M Series A Round | SAN FRANCISCO, CA, Candex today announced it has raised $20 million as part of a Series A round. >> Click here for more funding data on Candex >> To export Candex funding data to PDF and Excel, click here Candex, a global... |
| 27.03.2018 | Term Sheet — Tuesday, March 27 | BIG M&A Good morning, Term Sheet readers. There’s a lot going on in the world of dealmaking today. Paid Content How can you protect what you can't see? From ExtraHop But there’s a small twist here that may prove favorable to the deal. E... |
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