Fundraising Fox

Candid Therapeutics

San Diego, US · Founded 2024 · Delaware corporation · 38 employees on LinkedIn · 7 known investors

CandidRx develops T-cell engager antibodies to treat autoimmune diseases by redirecting T-cells to eliminate autoreactive B-cells. The company focuses on creating therapies that are more effective and easier to administer than existing antibody and cell therapy approaches.

Founders & leadership

Candid Therapeutics was founded in 2024 by Ken Song and Kenneth Song, M.D..

KS
Ken SongChairman, President and CEO
KS
Kenneth Song, M.D.Co-founder
AKArvind Kush
Arvind KushExecutive
TL
Timothy Lu, M.D.Executive
BH
Bernie Huyghe, Ph.D.Executive

Board

JT
Jeffrey Tong, Ph.D.Board director
AR
Aaron Royston, M.D.Board director
MR
Michael Rome, M.D.Board director

Investors · 7

Reported raises · per SEC filings

Form D private placements

$206.2M disclosed across 1 round · 2024

$206.2MraisedSep 2024 · 33 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Jeffrey Tong, Ph.D.Director
  • Arvind KushExecutive Officer
  • Timothy Lu, M.D.Executive Officer
  • Kenneth Song, M.D.Executive Officer, Director
  • Aaron Royston, M.D.Director
  • Bernie Huyghe, Ph.D.Executive Officer
  • Michael Rome, M.D.Director
Offering amount
$206.2M
Amount sold
$206.2M
First sale
Aug 2024
Incorporated
Corporation, Delaware, 2024
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 3

by search overlap

Companies competing with Candid Therapeutics for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Frequently asked questions

What does Candid Therapeutics do?
CandidRx develops T-cell engager antibodies to treat autoimmune diseases by redirecting T-cells to eliminate autoreactive B-cells. The company focuses on creating therapies that are more effective and easier to administer than existing antibody and cell therapy approaches.
Who founded Candid Therapeutics?
Candid Therapeutics was founded by Ken Song, Kenneth Song, M.D. in 2024.
Who are Candid Therapeutics's investors?
Candid Therapeutics's investors include Foresite Capital, OrbiMed, Samsara BioCapital, TCG Crossover, Third Rock Ventures, venBio Partners, Vida Ventures.
How much funding has Candid Therapeutics raised?
Candid Therapeutics has disclosed $206.2M raised across 1 round.
Where is Candid Therapeutics headquartered?
Candid Therapeutics is headquartered in San Diego, US.