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Candor Technology - About the company

Candor Technology is a series B company based in Alpharetta (United States), founded in 2018 by Thomas Showalter. It operates as a Provider of AI-powered mortgage underwriting and loan fulfillment solutions. Candor Technology has raised $13.9M in funding from Arthur Ventures and Rice Park Capital Management. The company has 18 active competitors, including 3 funded and 3 that have exited. Its top competitors include companies like Closing, Lenders One and EPIC.

Company Details

Provider of AI-powered mortgage underwriting and loan fulfillment solutions. It offers a patented automated underwriting engine that streamlines the loan process, improving speed and accuracy. The platform analyzes loan data and borrower documents against investor guidelines, identifying exceptions and creating conditions before manual review. Additional services encompass the entire loan lifecycle, from disclosures to closing, enabling lenders to scale operations and reduce costs while maintaining high borrower satisfaction. The technology aims to replicate the decision-making process of human underwriters, eliminating bias and ensuring consistent loan scoring.
Email ID
*****@candortechnology.com
Phone Number
+1 **********
Key Metrics
Founded Year
2018
Location
Alpharetta, United States
Stage
Series B
Total Funding
$13.9M in 2 rounds
Latest Funding Round
Ranked
Employee Count
35 as on Apr 30, 2026
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Candor Technology's funding and investors

Candor Technology has raised a total funding of $13.9M over 2 rounds. Its first funding round was on Aug 18, 2021. Its latest funding round was a Series B round on Feb 05, 2024 for $*****. 3 investors participated in its latest round. Candor Technology has 3 institutional investors.

Here is the list of recent funding rounds of Candor Technology:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 05, 2024
2670577
Series B
5284982
2898439
3103409
9681589
Aug 18, 2021
2441458
Series A
1316078
7818971
6300850
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Candor Technology's founders and board of directors

Founder? Claim Profile
The founders of Candor Technology is Thomas Showalter. Thomas Showalter is the CEO of Candor Technology.
Here are the details of Candor Technology's key team members:

Candor Technology's employee count trend

Candor Technology has 35 employees as of Apr 26. Here is Candor Technology's employee count trend over the years:
Employee count trend for Candor Technology
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Candor Technology's Competitors and alternates

Top competitors of Candor Technology include Closing, Lenders One and EPIC. Here is the list of Top 10 competitors of Candor Technology, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Candor Technology
Candor Technology
2018, Alpharetta (United States), Series B
Provider of AI-powered mortgage underwriting and loan fulfillment solutions
$13.9M
59/100
2nd
Logo for Closing
Closing
2005, San Diego (United States), Acquired
Data and technology service provider for estimating the closing cost of real estate transactions
$45.4M
51/100
3rd
Logo for Lenders One
Lenders One
2000, Atlanta (United States), Unfunded
Software for mortgage digital closing and flood zone determination
-
-
43/100
4th
Logo for EPIC
EPIC
2016, Dallas (United States), Series A
Provider of solutions streamlining loan payoff to title release processes
$10M
34/100
5th
Logo for UnderwriteMe
UnderwriteMe
2012, London (United Kingdom), Funding Raised
Automated and data-driven underwriting software
-
-
32/100
7th
Logo for Cooabit
Cooabit
2022, Milan (Italy), Seed
Digital mortgage management platform for financial institutions
-
29/100
8th
Logo for ProText
ProText
2020, Atlanta (United States), Unfunded
Cloud-based loan closing software
-
-
25/100
9th
Logo for EarthLab Luxembourg
EarthLab Luxembourg
2015, Mamer (Luxembourg), Funding Raised
Big Data analytics platform for underwriting and risk management
-
25/100
10th
Logo for Areal.ai
Areal.ai
2020, San Francisco (United States), Funding Raised
AI-enabled document processing solutions for mortgage & insurance industries
-
25/100
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Candor Technology's Investments and acquisitions

Candor Technology has made no investments or acquisitions yet.

News related to Candor Technology

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Media has covered Candor Technology for a total of 3 events in the last 1 year, 3 of them have been about company updates.
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