Tech Company Financing Transactions
Candor Technology Funding Round
On 2/5/2024, Candor Technology raised Series B financing from Rice Park Capital Management, Arthur Ventures and Assurant.
Transaction Overview
Company Name
Announced On
2/5/2024
Transaction Type
Venture Equity
Amount
Unknown
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to expand its Loan Engineering System's capabilities and enhance the user experience.
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.
Management Team
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