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.
- Website
- candortechnology.com
- 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
Investors
Ranked
1st among 18 active competitors
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 |
View details of Candor Technology's funding rounds and investors
Candor Technology's founders and board of directors
Founder? Claim ProfileThe 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:
- Thomas Showalter: Co-Founder & CEO of Candor Technology. Contact Info: 1 email address
View details of Candor Technology's Founder profiles and Board 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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Candor Technology 2018, Alpharetta (United States), Series B | Provider of AI-powered mortgage underwriting and loan fulfillment solutions | $13.9M | 59/100 | |
2nd | 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 | Lenders One 2000, Atlanta (United States), Unfunded | Software for mortgage digital closing and flood zone determination | - | - | 43/100 |
4th | EPIC 2016, Dallas (United States), Series A | Provider of solutions streamlining loan payoff to title release processes | $10M | 34/100 | |
5th | UnderwriteMe 2012, London (United Kingdom), Funding Raised | Automated and data-driven underwriting software | - | - | 32/100 |
7th | Digital mortgage management platform for financial institutions | - | 29/100 | ||
8th | ProText 2020, Atlanta (United States), Unfunded | Cloud-based loan closing software | - | - | 25/100 |
9th | EarthLab Luxembourg 2015, Mamer (Luxembourg), Funding Raised | Big Data analytics platform for underwriting and risk management | - | 25/100 | |
10th | Areal.ai 2020, San Francisco (United States), Funding Raised | AI-enabled document processing solutions for mortgage & insurance industries | - | 25/100 |
Looking for more details on Candor Technology's competitors? Click here to see the top ones
Candor Technology's Investments and acquisitions
Candor Technology has made no investments or acquisitions yet.
News related to Candor Technology
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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Candor Technology Unveils Next-Generation Automated Underwriting ExperienceGlobeNewswire•Apr 22, 2026•Candor Technology
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Candor Secures Series B Funding, Led by Rice Park CapitalThe Joplin Globe•Feb 05, 2024•Candor Technology, Rice Park Capital Management, Arthur Ventures, Assurant
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Candor Technology Launches New Data Accuracy Tool Candor Pre-CheckBusiness Wire•Jul 11, 2023•Candor Technology
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Candor Technology Launches CandorPLUS™ to Enhance Mortgage FulfillmentTullahoma News•Feb 23, 2023•Candor Technology
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Candor Technology Launches First-Ever Loan Quality Services Underwriting EngineMortgageOrb.com•Dec 12, 2022•Candor Technology
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