Candid Health, the FINTECH AI-first revenue cycle management platform built for enterprise healthcare providers, has raised $120 million in a Series D led by Sixth Street Growth, with participation from Oak HC/FT, 8VC, and Y Combinator. The platform unifies clinical, billing, and provider data into a single model, pairing a configurable rules engine with AI agents to automate manual billing work, and now serves more than 200 healthcare organizations across the U.S., having raised $52.5 million in a Series C just 18 months ago. The raise reflects a broader FINTECH AI trend where autonomous agents are moving beyond back-office finance into healthcare revenue operations, one of the largest and most complex billing environments in the world, where manual claims processing and denial management collectively cost U.S. health systems tens of billions annually.
Candid Health Raises $120M Series D to Fuel Autonomous Revenue Cycle Management in Healthcare
