Candex

Software DevelopmentNew York, New York, United StatesFounded 2011318 employees$122M raised

Candex is a fintech company that helps large organizations pay irregular suppliers through existing procurement systems. It has raised $122M and employs 318 people.

Employees
318
Total raised
$122M
Last: Series C
Open roles
11
+22% vs last year
Site visitors
115K
per month
Alumni founders

The growth story

Candex headcount and funding318 people today
318$20M$12M$45M$33M$7M31820192020202120222023202420252026
Data by CrustdataCrustdata

Candex grew from 40 to 318 employees between 2019 and 2026, raising $122M along the way, most recently a Series C in March 2026.

About

Candex simplifies payments to one-time and low-risk suppliers for large companies, handling setup, tax, and compliance across borders and currencies. It integrates with e-procurement systems, bulk uploads, or APIs, focusing on vendors that account for 3-5% of spend.

The company, founded in 2011, has grown to 318 employees and raised $122M, including a Series C round in 2026. Its focus on streamlining payments for irregular suppliers has attracted investors like American Express and Altos Ventures.

Founders and leadership

Candex's largest function is Customer Success and Support, with 47 employees. The company is headquartered in New York and operates globally.

The Candex org chart

Jeremy Lappin (Founder and CEO) leads 58 mapped leaders with 12 direct reports. Click +N to expand a team; names link to the person’s public profile.

Departments, and which ones grew

Headcount by functiongrowth vs 12 months ago
OOperations
55+6%
CCustomer Success and Support
44+19%
IInformation Technology
29+12%
SSales
28+87%
FFinance
27+17%
AAccounting
26+24%
EEngineering
17+13%
BBusiness Development
13+18%
PProgram and Project Management
12+20%
Data by CrustdataCrustdata

Headcount by function: Operations 55 (+6% YoY), Customer Success and Support 44 (+19% YoY), Information Technology 29 (+12% YoY), Sales 28 (+87% YoY), Finance 27 (+17% YoY), Accounting 26 (+24% YoY).

Talent flow

Candex recruits heavily from Payoneer (15 hires) and the Israel Defense Forces (9 hires). Alumni have moved to companies like Icertis and Shark Tooth Biotech.

Where Candex people come from, and where they go234 current + 82 former profiles
15 people: Payoneer → Candex9 people: Israel Defense Forces → Candex5 people: SuperDerivatives → Candex4 people: Coupa → Candex4 people: PwC → Candex4 people: SAP → Candex4 people: EL AL Israel Airlines → Candex4 people: Oracle → Candex2 people: Candex → Icertis1 people: Candex → AltiSales1 people: Candex → W A Chump & Sons1 people: Candex → in-manas: intelligent management solutions1 people: Candex → Shark Tooth Biotech1 people: Candex → ICON1 people: Candex → NetCov1 people: Candex → MHS CapitalCandex318 peopleCAME FROMWENT TOPayoneer15 peopleIsrael Defense Forc…9 peopleSuperDerivatives5 peopleCoupa4 peoplePwC4 peopleSAP4 peopleEL AL Israel Airlin…4 peopleOracle4 peopleIcertis2 peopleAltiSales1 peopleW A Chump & Sons1 peoplein-manas: intellige…1 peopleShark Tooth Biotech1 peopleICON1 peopleNetCov1 peopleMHS Capital1 people
Data by CrustdataCrustdata

Most common previous employers of Candex staff: Payoneer (15), Israel Defense Forces (9), SuperDerivatives (5), Coupa (4), PwC (4), SAP (4). Former Candex employees most often moved to Icertis (2), AltiSales (1), W A Chump & Sons (1), in-manas: intelligent management solutions (1), Shark Tooth Biotech (1), ICON (1).

Alumni worth knowing

Hiring now

Product ManagerIT Support EngineerEvent SpecialistCustomer Support Specialist - Hebrew and English SpeakerCustomer Support Specialist - French SpeakerAccounts Receivable AssociateAccountantAccount Executive - Tail (new logo)

Web traffic

candex.com monthly visitors-7% month over month
33,94478,710123,475114,635202420252026
Data by CrustdataCrustdata

Traffic mix: 39% direct, 16% search, 5% social, 1% paid.

What this company is made of

Headcount by skillwhat people list on their profiles
MMicrosoft Office
104
MMicrosoft Excel
92
PProject Management
90
LLeadership
81
CCommunication
79
MManagement
79
CCustomer Service
79
AAnalytical Skills
78
PProblem Solving
71
TTeamwork
70
Data by CrustdataCrustdata

Most common skills at Candex: Microsoft Office (104), Microsoft Excel (92), Project Management (90), Leadership (81), Communication (79), Management (79), Customer Service (79), Analytical Skills (78).

Where the team actually sits

Headcount by regionHQ: New York, New York, United States
TTel Aviv District, Israel
62
IIsrael
35
FFlorida, United States
10
NNew York, United States
10
UUnited Kingdom
9
CCenter District, Israel
8
MMassachusetts, United States
7
EEngland, United Kingdom
7
Data by CrustdataCrustdata

Candex people are concentrated in Tel Aviv District, Israel (62), Israel (35), Florida, United States (10), New York, United States (10). 10 offices on record.

Search footprint

Organic clicks
311
per month
Traffic worth
$8K
if bought as ads
Ranking keywords
426

Candex attracts about 311 organic search visits a month, traffic worth roughly $8K a month if bought through ads. It gained 58 ranking keywords and lost 23 in the last period.

What employees say

Compensation
4.30 / 5
Career opportunities
4.30 / 5
Senior management
4.20 / 5
Work-life balance
4.40 / 5

Frequently asked

How many employees does Candex have?

Candex has 318 employees as of September 2026.

How much has Candex raised?

Candex has raised $122M in total, most recently a Series C round in March 2026.

Who founded Candex?

Candex was founded in 2011 by Jeremy Lappin, Shani Vaza-Wahrmann.

Who is the CEO of Candex?

Jeremy Lappin (Founder and CEO) sits at the top of Candex's reporting structure, with 12 direct reports.

Where does Candex hire from?

The most common previous employers of current Candex staff are Payoneer (15 people), Israel Defense Forces (9 people), SuperDerivatives (5 people).

Where do Candex employees go after leaving?

Former Candex employees most often move to Icertis (2), AltiSales (1), W A Chump & Sons (1).

How much traffic does Candex get from search?

Candex attracts about 311 organic search visits a month, worth roughly $8K a month in equivalent ad spend.

What skills do people at Candex have?

The most common skills among Candex staff are Microsoft Office, Microsoft Excel, Project Management, Leadership, Communication.

Where is Candex's team located?

Candex staff are concentrated in Tel Aviv District, Israel (62), Israel (35), Florida, United States (10).

How big is Candex's operations team?

Candex has about 55 people in Operations, up 6% over the past year, as of September 2026.

How big is Candex's customer success and support team?

Candex has about 44 people in Customer Success and Support, up 19% over the past year, as of September 2026.

Computed from 234 current and 82 former Candex profiles, as of September 2026. Source: Crustdata.

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