Tech Company Financing Transactions
Candex Funding Round
Candex, based in San Francisco, received $20 million from Altos Ventures, American Express Ventures and JPMorgan Partners.
Transaction Overview
Company Name
Announced On
4/21/2021
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series A
Investors
Proceeds Purpose
The new funding will be used to expand the Candex proprietary platform.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
2650 18th St.
San Francisco, CA 94110
USA
San Francisco, CA 94110
USA
Phone
Undisclosed
Website
Email Address
Overview
Candex collaboration apps manage payments between companies and their vendors. Blockchain technology benefits are realized with phenomenal ease of use, speed and security. Our solution is trusted by Fortune 500 leaders like BP, First Data and Pfizer.
Management Team
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