Diligence memo · auto-generated · as of July 2, 2026
Candid Care Co.
Candid Care Co. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Candid Care Co. operates in Healthtech, based in NEW YORK.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Candid Care Co. has raised $79M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).
Largest single filing: $54M on 2020-11-18.
Most recent recorded round closed around 2020-11-18.
Valuation (modeled)modeled
Provath models Candid Care Co. at approximately $1.2B (range $196M–$3.1B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.14× the median modeled value of Series C Healthtech companies in 2019–2021 (33 peers) — value vs value, same stage and era. Within the normal band (114% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 18 months.
Last raise 5.6 yr ago; this sector typically re-raises about every 14 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 4.0× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 95% of Healthtech peers (2138 compared).
Modeled value ranks above 98% of those peers.
Closest niche peers: Virta Health Corp., Fresenius Medical Care Voorhees, LLC, Clear Health Pass Holdings LLC, Zealth, Inc., Jawbone Health Hub, Inc..
Peoplefiled
9 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.