Question 1

What is CandorIQ?

Accepted Answer

CandorIQ is a San Francisco-based HR tech company that provides a headcount and compensation management platform for businesses. Founded in 2023, the company offers a single platform that connects HR and Finance systems to manage employee compensation, headcount spend, and enable workflow automation.

Question 2

What products and services does CandorIQ offer?

Accepted Answer

CandorIQ offers a comprehensive headcount and compensation management platform that includes benchmarking data, HR/Finance stack integration, insights and workflow automation, and collaboration tools. The platform aims to eliminate spreadsheet chaos by providing a single solution for managing employee compensation and headcount planning.

Question 3

Who is CandorIQ designed for?

Accepted Answer

CandorIQ targets Finance teams, HR teams, and Management teams who need to manage headcount spend and employee compensation. The platform is designed for organizations looking to streamline collaboration between HR and Finance departments through a unified system.

Question 4

When was CandorIQ founded and by whom?

Accepted Answer

CandorIQ was founded in 2023 by Sutthipong Thavisomboon and Haris Ikram. The company participated in Y Combinator's S23 batch.

Question 5

Where is CandorIQ located?

Accepted Answer

CandorIQ is based in San Francisco, California, United States.

Question 6

How much funding has CandorIQ raised?

Accepted Answer

CandorIQ has raised $5.3M in total funding, including a $4.8M seed round in July 2025. The seed round was led by Array Ventures with participation from Y Combinator, CRV, and Switch Ventures.

Question 7

What are CandorIQ's key achievements and metrics?

Accepted Answer

CandorIQ achieved $3.2M in revenue in 2024, just one year after being founded in 2023. The company currently operates with a team of 17 employees and is backed by Y Combinator.

Question 8

What technology approach does CandorIQ use?

Accepted Answer

CandorIQ provides a single integrated platform that connects with existing HR and Finance technology stacks. The platform enables insights, workflow automation, and collaboration while providing benchmarking data to help teams make informed compensation decisions.

Question 9

How does CandorIQ solve traditional compensation management problems?

Accepted Answer

CandorIQ eliminates spreadsheet chaos by providing a unified platform for managing headcount and compensation. The platform replaces fragmented processes with automated workflows, benchmarking data, and collaborative tools that connect HR and Finance teams.

Question 10

What is CandorIQ's recent news and developments?

Accepted Answer

Most recently, CandorIQ raised a $4.8M seed round in July 2025 led by Array Ventures. The company achieved $3.2M in revenue in 2024 and continues to grow its headcount and compensation management platform with backing from Y Combinator, CRV, and Switch Ventures.

CandorIQ

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Frequently Asked Questions

What is CandorIQ?

What products and services does CandorIQ offer?

Who is CandorIQ designed for?

When was CandorIQ founded and by whom?

Where is CandorIQ located?

How much funding has CandorIQ raised?

What are CandorIQ's key achievements and metrics?

What technology approach does CandorIQ use?

How does CandorIQ solve traditional compensation management problems?

What is CandorIQ's recent news and developments?

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