Tech Company Financing Transactions
Candor Technology Funding Round
On 8/19/2021, Candor Technology raised $12.5 million in Series A funding from Arthur Ventures and private investors.
Transaction Overview
Company Name
Announced On
8/19/2021
Transaction Type
Venture Equity
Amount
$12,500,000
Round
Series A
Investors
Arthur Ventures (Lead Investor) (Patrick Meenan)
Proceeds Purpose
The investment will further enhance the company's patent-pending Loan Engineering System, the only machine that autonomously makes income, asset, and lending decisions that are backed by a defect policy.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
3476 Dewitt Circle
The Villages, FL 32163
USA
The Villages, FL 32163
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Finally, lenders can use a machine to think through complex, dynamic lending problems to underwrite a loan with virtually no human assistance. Candor's patent-pending Knowledge Engineering Technology replicates expert thinking and problem solving to underwrite a loan. And every loan Candor underwrites is backed by a defect policy by a major carrier.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Thomas Showalter
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