Candor was founded by Adarsh Ambati, Ansh Gupta, Aditya Iyengar in 2024.

Who are Candor's investors?

Candor's investors include Motier Ventures, Y Combinator, Afore Capital, Banana Capital, Global Founders Capital, Horizon, Metsu Capital, Transpose Platform Management.

Where is Candor headquartered?

Candor is headquartered in San Francisco, US.

Candor

YC W25

San Francisco, US · Founded 2024 · 3 employees · Hiring · 8 known investors

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Candor provides a data loss prevention (DLP) platform that uses AI to detect insider risks by analyzing user behavior and data movement patterns, surfacing only genuine security threats to organizations.

Also known as Physion Works, Inc. · Anomaly · Bastion · Haleum · Mirror · Physion Works

AI & Machine Learning Cybersecurity Enterprise Software AIUnited States of AmericaAmerica / Canada

Founders & leadership· Y Combinator alumni (W25)

Candor was founded in 2024 by Adarsh Ambati, Ansh Gupta, and Aditya Iyengar.

Adarsh Ambati CEO & Co-Founder (YC W25)2025–2026Adarsh Ambati is a Stanford graduate working as a founder at Candor.

Ansh Gupta Co-Founder & CTOAnsh Gupta is co-founder and CTO at Candor Security.

Aditya Iyengar Co-Founder & CEOAditya Iyengar is a software engineer who previously worked at Flutterflow, Uber, and NASA before co-founding Candor.

Ethne Laude Founder

Kelsey BishopFounder

Marcus Zimmerman Founder

Investors · 8

Motier Ventureslisted by Motier VenturesParis · $330K – $3.3M

How we know: Motier Ventures's portfolio page · Not right? Tell us

Y Combinatorlisted by Y CombinatorSan Francisco · $500K

How we know: the Y Combinator directory · open dataset · 5k.vc investor directory · Not right? Tell us

Afore CapitalreportedSan Francisco · $500K – $2M

How we know: open dataset · 5k.vc investor directory · Not right? Tell us

Banana CapitalreportedSeattle · $25K – $250K

How we know: funding news · Not right? Tell us

Global Founders CapitalreportedBerlin · $1M

How we know: funding news · Not right? Tell us

HorizonreportedMiami Beach

How we know: Y Combinator's founder network · Not right? Tell us

Metsu Capitalreported

How we know: Y Combinator's founder network · Not right? Tell us

Transpose Platform ManagementreportedSan Francisco

How we know: Y Combinator's founder network · Not right? Tell us

Funding

SEC filings, press & company announcements

Undisclosed amountSeedMay 2022
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Undisclosed amountSeries AAug 2021
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Undisclosed amountSeries SeedSep 2017
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Source: company announcements and press reports — follow each round's link for the claim.

Images

Founder mafia

2 people who came through Candor went on to found or lead other companies.

Marcus ZimmermanFounderFounded Candor Ethne LaudeFounderFounded Candor

Related companies · 5

Veria LabsVeria AI is an autonomous pentesting platform that identifies and exploits security vulnerabilities across code repositories, then generates fix recommendations. It integrates with developer tools to surface exploitable flaws that automated reviews and human security teams typically miss.

Gecko SecurityGecko is a code security platform that uses AI to analyze codebases, infrastructure, and logic to detect exploitable vulnerabilities and provide developer fixes. It targets enterprise and startup development teams seeking to find complex, multi-step attack chains and business logic flaws in their code and microservices.

GhostEyeGhostEye provides continuous employee security assessments and automated testing to identify vulnerabilities to social engineering attacks, helping organizations address exposures before they result in breaches.

VarianceVariance provides AI agents that conduct financial crime investigations for regulated institutions, automating evidence collection and analysis across compliance levels while maintaining audit trails and explainability.

CorgeaCorgea provides developer-first security solutions that enable developers and security teams to ship secure code without slowing down development velocity.

Companies working in the same space as Candor.

Legal entities · 1

corporate structure

Physion Works, Inc.

Frequently asked questions

What does Candor do?: Candor provides a data loss prevention (DLP) platform that uses AI to detect insider risks by analyzing user behavior and data movement patterns, surfacing only genuine security threats to organizations.
Who founded Candor?: Candor was founded by Adarsh Ambati, Ansh Gupta, Aditya Iyengar in 2024.
Who are Candor's investors?: Candor's investors include Motier Ventures, Y Combinator, Afore Capital, Banana Capital, Global Founders Capital, Horizon, Metsu Capital, Transpose Platform Management.
Where is Candor headquartered?: Candor is headquartered in San Francisco, US.