Private Market View

Candid Therapeutics

Drug Discovery · San Diego, CA · Founded 2024 · Privately Held (backing)

PA Mark · $/share
$4
Sep 2026
Implied valuation
$657.0M
Total raised
$445.0M
Last round
Early Stage VC (Series B)
Aug 2024

Key facts

as of Sep 2026
  • Candid Therapeutics’s last known valuation is $657.0M.
  • It has raised $445.0M across 1 recorded rounds; the latest was Early Stage VC (Series B) ($370.0M) in Aug 2024.
  • Notable investors include Fidelity Management & Research Company, Qiming Venture Partners, OrbiMed, Franklin Resources, Venrock21 tracked in total.
  • 3 institutional filers report fund marks on Candid Therapeutics across 28 filings.
  • Candid Therapeutics has filed 1 Form D with the SEC, most recently Sep 2024 ($206.2M sold to 33 investors).
  • Status: Privately Held (backing).
PA Mark — composite indicative price
LOW confidence
~$4per share
as of Sep 2026 · the exact daily mark is a member feature
Composed from 1 inputs:N-PORT marks 100%
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Institutional fund marks

3 filers · latest Jun 2026

3 SEC-registered funds reported 28 fair-value marks on Candid Therapeutics between Apr 2025 and Jun 2026. Filer-level marks and implied $/share are available to Pro members.

Funding rounds

1 rounds
Aug 2024Early Stage VC (Series B)$370.0M

About Candid Therapeutics

Operator of a biotechnology research designed to create novel, easy-to-administer therapies for autoimmune diseases. The company offers advanced T-cell engager antibodies, precisely redirecting T-cells to selectively eliminate autoreactive B-cells, enabling patients with autoimmune diseases to experience transformative efficacy and improved therapeutic outcomes.

Industry
Drug Discovery
Sector
Healthcare
HQ
San Diego, CA, United States
Founded
2024
Employees
35
Ownership
Privately Held (backing)