Insights

Strong Financial Backing Candex has secured substantial Series C funding totaling over $113 million from prominent investors like Goldman Sachs, HSBC, and Edenred, indicating robust financial health and growth potential, making it an attractive partner for large-scale enterprise solutions.

Enterprise Market Focus Targeting large global organizations with complex procurement needs, Candex's platform effectively streamlines tail spend and vendor management, offering significant efficiency gains and compliance solutions that appeal to enterprise procurement departments.

Innovative Tech Ecosystem Utilizing advanced technology stacks such as Microsoft Azure, Java, and Python, along with seamless integrations like API and e-procurement systems, Candex provides a scalable, modern platform tailored to meet sophisticated enterprise procurement requirements.

Growth Through Strategic Investments The company's recent investments and Board additions, including Clare Greenan from Goldman Sachs, highlight strategic expansion and leadership strengthening, presenting opportunities to align with Candex’s future growth initiatives.

Market Position & Revenue With revenues estimated between $100 million and $250 million and a clear focus on tail spend management, Candex is positioned as a key player in procurement tech, offering multiple opportunities for partnerships or expansion into related financial and procurement services.

Candex Tech Stack

Candex uses 8 technology products and services including Zoho CRM, ProtonMail, Office 365, and more. Explore Candex's tech stack below.

  • Zoho CRM
    Customer Relationship Management
  • ProtonMail
    Email Hosting
  • Office 365
    Office Suites
  • Glassdoor
    Online Review Management
  • Microsoft Azure
    Platform As A Service
  • Java
    Programming Languages
  • Python
    Programming Languages
  • reCAPTCHA
    Security

Media & News

Candex's Email Address Formats

Candex uses at least 1 format(s):
Candex Email FormatsExamplePercentage
Last@candex.comDoe@candex.com
57%
First@candex.comJohn@candex.com
34%
FLast@candex.comJDoe@candex.com
6%
FirstLast@candex.comJohnDoe@candex.com
3%

Frequently Asked Questions

Where is Candex's headquarters located?

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Candex's main headquarters is located at 420 Lexington Avenue New York, New York 10170 United States. The company has employees across 4 continents, including North AmericaAsiaEurope.

What is Candex's official website and social media links?

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Candex's official website is candex.com and has social profiles on LinkedInCrunchbase.

How much revenue does Candex generate?

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As of April 2026, Candex's annual revenue is estimated to be $768K.

What is Candex's NAICS code?

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Candex's NAICS code is 5112 - Software Publishers.

How many employees does Candex have currently?

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As of April 2026, Candex has approximately 296 employees across 4 continents, including North AmericaAsiaEurope. Key team members include Chief Accounting Officer (cao): P. K.Chief Information Security Officer (ciso): O. P.Chief Legal Officer & Chief People Officer: E. L.. Explore Candex's employee directory with LeadIQ.

What industry does Candex belong to?

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Candex operates in the Software Development industry.

What technology does Candex use?

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Candex's tech stack includes Zoho CRMProtonMailOffice 365GlassdoorMicrosoft AzureJavaPythonreCAPTCHA.

What is Candex's email format?

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Candex's email format typically follows the pattern of Last@candex.com. Find more Candex email formats with LeadIQ.

How much funding has Candex raised to date?

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As of April 2026, Candex has raised $47M in funding. The last funding round occurred on Jan 01, 2017 for $24M.

When was Candex founded?

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Candex was founded in 2011.

Candex

Software DevelopmentNew York, United States201-500 Employees

Candex is a fintech master-vendor for large organizations so that they can make purchases from one-time, irregular and low risk suppliers using existing P2P processes. Candex operates globally managing setup, support, tax and regulatory complexity - making it simple, fast, and compliant to pay suppliers even across borders and cross currencies. Available in multiple deliveries, Candex works directly within existing e-procurement systems, via bulk uploads, or integrated into any workflow via API. In the end - Candex completely takes care of the 70-80% of vendors getting 3-5% of spend; ensures that "No PO, No Pay" becomes achievable; and the efficiency is so remarkable that our clients enter a sort of procurement zen.

Section iconCompany Overview

Headquarters
420 Lexington Avenue New York, New York 10170 United States
Website
candex.com
NAICS Code
5112 - Software Publishers
Founded
2011
Employees
201-500

Section iconFunding & Financials

  • $47M

    Candex has raised a total of $47M of funding over 3 rounds. Their latest funding round was raised on Jan 01, 2017 in the amount of $24Mas a private funding.

  • $100M$250M

    Candex's revenue is estimated to be in the range of $100M$250M

Section iconFunding & Financials

  • $47M

    Candex has raised a total of $47M of funding over 3 rounds. Their latest funding round was raised on Jan 01, 2017 in the amount of $24Mas a private funding.

  • $100M$250M

    Candex's revenue is estimated to be in the range of $100M$250M

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