Candid Therapeutics

Candid Therapeutics

Private
San Diego, CaliforniaHealthcare & Life Scienceswww.candidrx.com

Last Round

PIPE

Mar 2, 2026

Total Funding Raised

$370M

Momentum Score

25 /100

Company Overview

Candid Therapeutics is a biotechnology company focused on developing innovative, user-friendly therapies for autoimmune diseases.

Sector

Healthcare & Life Sciences

Verticals

Biotechnology, Drug Discovery, Clinical Trials, Precision Medicine

Business Model

B2B

Customer Profile

Revenue Share, Services & Consulting

AI Layer

Non-AI

Keywords

t-cell engagersbispecific antibodiesautoimmune disease therapyb-cell depletionTCEsimmunologydrug developmentBCMAxCD3CD20xCD3clinical-stage biotechbiopharma partnershipsdrug licensingrheumatoid arthritismyasthenia gravis

Historical Pricing

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Caplight Momentum Score

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Candid Therapeutics Comps

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

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Candid Therapeutics Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
PIPEMar 2, 2026
Series ASep 9, 2024

Key People

Founding team and executive leadership

Ken Song

President And CEO, Chairman Of The Board

Executive Team

Bernie Huyghe

Chief Technology Officer

Executive Team

Candid Therapeutics Investors

Notable investors and investment history

Market signals

Structured signals derived from secondary market and firmographic data.

  • Mar 2, 2026

    $505M raised in a PIPE round.

  • Jan 14, 2026

    Presenting at the 44th annual J.P. Morgan Healthcare Conference on January 14, 2026.

Candid Therapeutics Filings

SEC and related filings with document metadata.

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Candid Therapeutics Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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

Firmographic Details

HeadquartersSan Diego, California
Employee Range40
Year Founded2024
Last FundingMar 2, 2026

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