Candex Raises $3.5M in Seed Funding

Funding Rounds

Summary

Candex, a San Francisco, CA-based fintech startup, raised $3.5m in seed funding.The company will use the funds to accelerate its business in Fortune 500 customers and beyond.Led by co-founder and CEO Jeremy Lappin, Candex provides a platform that allows enterprise users to engage with freelancers, gig economy participants and other vendors.They use a desktop or mobile app to collaborate, chat and send payments – and a private blockchain ensures compliance and streamlined records.Candex allows creation of private eMarketplaces where employees engage with approved vendors through a chat interface, track activities and performance, and authorize payments below $100,000 with a few clicks.

$ Funding

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Amount $3.5M Total raised
Date March 23, 2018 Announcement date
Investors Camp One Ventures, Big Sur Ventures Lead investors
Company http://www.candex.com Funded company

Classifications

industries
Fintech & Banking
applications
Accounting and Taxes

AskAI Classifications

Labels
fintech software SaaS payment platform

Linked Companies

Candex
$50M to $100M