NEWCaplight raises a $16M Series A, led by BlackRock and Fin Capital →
Skip to main content
Caplight Logo









Candex

Candex

Private
New York City, New YorkFinTechhttps://www.candex.com/

Last Round

Series C

Extension

Mar 17, 2026

Est. Valuation

$333M

Total Funding Raised

$120.5M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

Candex is a financial technology company that provides an enterprise procurement and payment processing platform designed to manage tail spend and streamline vendor onboarding for large organizations.

Sector

FinTech

Verticals

Digital Payments, Supply Chain, Workflow Automation

Business Model

B2B

Customer Profile

Payment Processing Fee, Subscription SaaS

AI Layer

Application

Keywords

tail-spend managementmaster vendorvendor onboardingspend managementglobal vendor paymentsprocurement automationB2B paymentsprocurement softwareprocurement techinvoice automationvendor-of-recordenterprise procurementpayment processingfintechSaaS platform

Historical Pricing

Historical view of private secondary pricing and transaction trends.

Unlock Pricing Charts

Sign up to view complete historical pricing and secondary transactions.

Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

View Momentum History

Track how buyer interest and sentiment changes over time.

Candex Comps

Public and private peers based on sector, stage, and business model.

Candex comps — public and private peers by sector, stage, and business model
CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

View Full Comps Set

Access detailed peer comparisons, multiples, and valuation benchmarks.

Candex Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series C ExtensionMar 17, 2026
Series CJul 14, 2025
Series BNov 28, 2023
Series A ExtensionNov 2, 2022
Series AApr 20, 2021
Seed
Mar 23, 2018

Key People

Founding team and executive leadership

Shani Vaza-Wahrmann

Chief R D Officer, Co-Founder

Founding Team

Sagar Kumar

I'm ceo

Executive Team

Ankur G.

Chief Financial Officer

Executive Team

Candex Investors

Notable investors and investment history

Candex investors
InvestorRounds
World Innovation LabSeries B, Series C Extension
PartechSeed
Edenred Capital PartnersSeries A, Seed
Commerce VenturesSeries A
NFXSeries A, Series B, Series C Extension, Series C, Seed
Advisors.FundSeed
Goldman Sachs (Asia) LLCSeries C

Market signals

Structured signals derived from secondary market and firmographic data.

  • May 16, 2026

    Monthly visitors increased 40% MoM.

  • Apr 22, 2026

    Recognized in the ProcureTech 100 for Procurement Innovation.

Candex Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation

Candex Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Candex's valuation, stock price, and market status.

Firmographic Details

HeadquartersNew York City, New York
Employee Range310
Year Founded2011
Last FundingMar 17, 2026

Institutional Data Access

Join leading institutional investors using Caplight to access private market data, discover pricing, and execute secondary block trades.

Requires verified institutional or accredited status.