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Candid Therapeutics

Biotech & Life Sciences · San Diego, United States · Founded 2024

A clinical-stage biotech firm focused on advancing treatments for a range of immunological conditions MoreLess

CandidRx is a biotechnology company focused on developing innovative therapies for autoimmune diseases. The company leverages known biological mechanisms to create novel, easy-to-administer treatments that offer significant benefits to patients. CandidRx operates in the healthcare and life sciences market, primarily serving patients suffering from autoimmune conditions. The company's business model revolves around rigorous scientific research and the development of T cell engager antibodies, which precisely redirect T cells to selectively eliminate autoreactive B cells, aiming for transformative efficacy and safety. Revenue is generated through the development and commercialization of these therapies, supported by investments from prominent stakeholders who share the company's vision. CandidRx's team comprises industry experts with a proven track record in creating stakeholder value. The company is committed to advancing the field of autoimmune therapy through its pioneering approach and deep understanding of immunological mechanisms.

Keywords: autoimmune diseases, T cell engager antibodies, biotechnology, novel therapies, immunological mechanisms, healthcare, life sciences, scientific research, stakeholder value, innovative treatments.

Company overview

Candid Therapeutics company information

The essential company record, classifications and operating signals in one place.

Status
Acquired
Founded
2024
Headquarters
San Diego, United States
Employees
32
Open positions
None listed
Dealroom signal
92.8
Investment activity
1 companies · latest Mar 2026
Capital deployed
Preferred round
ACQUISITION
client focusb2bsub industryPharmaceuticalsub industryBioTechnologybusiness modelManufacturingindustryHealthsectorBiotechnologysectorImmunotherapysectorVerified Unicorns and $1B ExitssectorBiotech and PharmasectorDT and LSsectorscience-based

Valuation & funding

Candid Therapeutics funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONOther financing May 2026 $2B $2B UCB
LATE VCOther financing Sep 2024 $370M $1.5B Polaris Partners · Fidelity Investments · Foresite Capital · Franklin Templeton Investments
Showing 2 recorded eventsUnlock the complete deal history →

Growth signals

Candid Therapeutics website traffic

Latest recorded traffic for Candid Therapeutics is 3.9K monthly website visits, down 37.1% over the last three months. Candid Therapeutics's team grew 0% over the past year.

Latest monthly visits3.9K 3-month web change-37.1% 1-year team growth0%
Monthly website visits23 observations · Sep 2024–Jul 2026
Hover or focus a point to see its exact monthly valueCompare with peers →

Comparisons

Candid Therapeutics compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

CompanyHeadquartersStatusEmployeesTotal fundingValuation
Apogee TherapeuticsDevelops advanced biologics for treating inflammatory and immune diseases like atopic dermatitis and asthma Waltham, United States Acquired 340 $169M $9.3B
Vera TherapeuticsA clinical-stage biotechnology company focused on transforming patients’ lives by developing and commercializing treatments for immunological and inflammatory diseases Brisbane, United States Operational
Human Immunology BiosciencesBiotechnology company focused on developing therapies for immune-mediated diseases San Francisco, United States Acquired
MetseraMetsera is a clinical-stage biopharmaceutical company dedicated to leading the next generation of medicines and solutions for obesity and metabolic diseases New York City, United States Acquired
Kelonia TherapeuticsDeveloping a new wave of genetic medicines using its next generation vivo gene delivery platform Boston, United States Acquired
Neumora TherapeuticsPioneering a new era of precision medicines for brain diseases Waltham, United States Operational
MoonLake ImmunotherapeuticsMoonLake Immunotherapeutics AG is a clinical-stage biopharmaceutical company leveraging revolutionary Nanobody® technology to develop next-level medicines for immunologic diseases, including inflammatory skin and joint diseases Zug, Switzerland Operational
ArriVent BiopharmaAccelerating the Global Development of Innovative Biopharmaceutical Products Upper Merion Township, United States Operational
Showing 8 of the closest matchesCompare every metric →

Capital deployed

Candid Therapeutics investments and acquisitions

Recent portfolio relationships for companies that also act as investors or acquirers.

Talent graph

Candid Therapeutics's talent

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Team profiled 4 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

20 investors on Candid Therapeutics's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Series B+ 19 investors entered at this stage
venBio Partners
Venrock
Fairmount Partners
TCGX
Polaris Partners
Fidelity Investments
Foresite Capital
Franklin Templeton Investments
LifeSci Venture Partners
Boxer Capital
Mirae Asset Capital Life Science
Third Rock Ventures
OrbiMed
Redmile Group
Two River
Vida Ventures
Samsara BioCapital
Soleus Capital
Qiming Venture Partners USA
Other known 1 additional known investor
UCB

Global footprint

Where Candid Therapeutics has talent and traffic

Workforce by country
3 countries with
team presence
🇺🇸 United States93.9%
🇨🇦 Canada3%
🇩🇪 Germany3%
3 countries shown

In the news

Latest news about Candid Therapeutics

Recent press, funding announcements, and product moves mentioning Candid Therapeutics — open to read from the original sources.

See all news

Market sentiment

What the market is saying about Candid Therapeutics

An AI-synthesized read of the highest-engagement posts about Candid Therapeutics on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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