Series D
Candid Health raises 120 million dollars: ARR grew 190 percent on autonomous medical billing
Candid Health has raised a 120 million dollar Series D led by Sixth Street Growth to automate medical billing for US healthcare providers. The company grew ARR 190 percent year over year in 2025 with net dollar retention of 180 percent, and now serves more than 200 healthcare organizations. Its valuation tripled since the Series C of February 2025.