Candex
Agent36Agent Readiness: 36/100. Below median. Measured by StartupHub.ai. Median 41.Candex simplifies and streamlines payments to one-time and irregular suppliers for large organizations globally.
About
Candex is a fintech master vendor that provides a technology-based solution for engaging, tracking, and paying for any good or service. It serves global enterprises by eliminating the complexity of vendor setups and enabling compliant transactions across 50+ countries. Candex acts as a master vendor, handling invoice processing for both buyers and sellers to accelerate business speed and provide control, visibility, and compliance.
Listed competitors
AI-driven cloud platform for business spend management, procurement, supply chain, and financial operations.
Stampli offers an AI-powered Procure-to-Pay platform that automates accounts payable, procurement, vendor management, and payments for finance teams.
Tipalti is a global payables automation platform that streamlines mass payments, supplier onboarding, and financial compliance for mid-market companies.
Key facts
At-a-glance profile data
- Website
- candex.com
- Headquarters
- New York, United States
- Founded
- 2010
- Employees
- 310
- Total funding
- $79M (Series B)
- Business model
- B2B
Candex pricing
| Plan | Price |
|---|---|
| Transaction Fee | 3% |
Candex charges transaction fees similar to credit cards. The fee can vary but is usually 3% and is clearly visible on each engagement. Managed deployments and custom integrations may carry additional fees.
Plans as published by Candex, checked September 2026. Current prices on candex.com
Funding rounds
| Date | Round | Amount | Lead investors |
|---|---|---|---|
| 29 Nov 2023 | Series B | $45M | Goldman Sachs Growth Equity, World Innovation Lab (WiL) |
| 20 Apr 2021 | Series A | $20M | Altos Ventures |
| 9 Mar 2021 | Seed | $10M | NFX, JVP |
| 23 Mar 2018 | Seed | $4M | NFX |
Tech stack
Detected on candex.com, last scanned 22 Sept 2026. Run your own scan
- Support
- Zendesk
- Email provider
- Google Workspace
“I have a new customer who requires that vendors invoice through a system called Candex. Now this is for a minor one-off job, so I am worried that this Candex system will require a lot of administrative overhead on my part and maybe not wort…”
View on Reddit“I have a new customer (huge company) who requires that vendors invoice through a system called Candex. Now this is for a minor one-off job, so I am worried that this Candex system will require a lot of administrative overhead on my part and…”
View on RedditSome comments are pulled from public discussions around the web (look for the source icon). Quotes are excerpts; click through to read the full thread.
Frequently asked
How much funding has Candex raised?
Candex has raised a total of $79M in funding. The most recent round on record is Series B.
How many employees does Candex have?
Candex has approximately 310 people on record.
SAP Ariba
SAP Ariba offers integrated procure-to-pay suites that include modules for managing tail spend, directly competing with Candex's specialized solution for streamlining payments to numerous small suppliers.
Coupa Business Spend Management
Coupa provides a comprehensive business spend management platform with modules that overlap with Candex's offerings in managing and processing payments for a wide range of vendors, including tail spend.
Global Technology Enterprise
Dell is an existing customer that has used Candex to reduce new vendor setups by 22% within the first year and streamline their payment process for non-strategic spend.
Global Financial Services Enterprise
HSBC is an existing customer and investor that has integrated Candex's technology into its global operations to streamline vendor onboarding and payment processes, demonstrating the platform's value in a highly regulated financial environme
Confirmed customer relationships for Candex. Speculative buyer-fit guesses are not shown.