Candor Technology

A Revolution in Mortgage Technology

General Information
Company Name
Candor Technology
Founded Year
2018
Location (Offices)
Alpharetta, United States +1
Founders / Decision Makers
Number of Employees
33
Industries
Financial Services, Fintech
Funding Stage
Series B
Social Media

Candor Technology - Company Profile

Candor Technology Inc. is a trailblazer in the mortgage industry, with a focus on leveraging cutting-edge technology to revolutionize processes. The company's patented decision engine, CogniTechâ„¢, is powered by Aerospace expertise and has set a new standard for automated underwriting. This engine navigates complex underwriting scenarios with precision and speed, offering unparalleled accuracy and efficiency. The company's mission is centered on empowering clients to thrive in today's dynamic market by optimizing every aspect of the origination process, from POS to servicing. With a focus on seamless scalability, risk mitigation, and enhanced liquidity, Candor enables lenders to seize new opportunities and drive growth in the mortgage lending space. Established in 2018 and headquartered in the United States, Candor Technology Inc. received a Series B investment on 05 February 2024 from notable investors including Arthur Ventures, Assurant Ventures, and Rice Park Capital. This funding underscores the confidence of these investors in Candor's innovative approach to revolutionizing mortgage technology and its potential for future growth in the Financial Services and Fintech industries. Joining Candor Technology provides an opportunity to be on the forefront of innovation and discover the future of mortgage lending.

Taxonomy: mortgage technology, automated underwriting, aerospace technology, CogniTechTM, decision engine, loan origination system, process efficiencies, market share, quality assurance, fulfillment, loan servicing, capital investment, risk mitigation, innovation

Funding Rounds & Investors of Candor Technology (4)

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Funding Stage Amount No. Investors Investors Date
Series B Unknown 3 05 Feb 2024
Venture Round $10.00M - 18 Oct 2022
Series A $12.50M 1 18 Aug 2021
Debt Financing $1.35M - 01 Oct 2020

Latest News of Candor Technology

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No recent news or press coverage available for Candor Technology.

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