# Candid Health Secures $120M Series D to Scale AI-Powered Medical Billing Automation

> financing · REPORTED · 2026-07-01

San Francisco-based Candid Health raised $120 million in a Series D funding round to expand its AI-powered system that automates medical billing and health insurance claims for medical groups, managed service organizations, and digital health companies.

About Candid Health: Candid Health is a digital health company that automates medical billing and insurance claims processing using AI, helping healthcare providers get paid more accurately and quickly.

- Company: Candid Health
- Sector: digital health
- Primary source: https://medcitynews.com/2026/08/4-notable-health-tech-funding-announcements-in-july/

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Source: MedFuel Intel news monitor. Verification tier: REPORTED. Informational only, not investment advice. Corrections: media@medfuelinc.com.