Candid Health, which develops tech and AI agents to automate medical billing and claims processing workflows, raised a $120M Series D led by Sixth Street Growth (Lily Mae Lazarus/Fortune)

<a href="https://fortune.com/2026/07/22/candid-health-raises-120-million-to-take-on-americas-280-billion-medical-billing-mess/"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260725/i7.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260725/p7#a260725p7" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Lily Mae Lazarus / <a href="http://www.fortune.com/">Fortune</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://fortune.com/2026/07/22/candid-health-raises-120-million-to-take-on-americas-280-billion-medical-billing-mess/">Candid Health, which develops tech and AI agents to automate medical billing and claims processing workflows, raised a $120M Series D led by Sixth Street Growth</a></b></span>&nbsp; &mdash;&nbsp; Candid Health cofounder Doug Proctor spun his laptop around to show me a herd of wild horses grazing behind him in upstate New York during our first Zoom call.</p>