Startup Candor lands VC to expand its automated underwriting platform


    Mortgage artificial intelligence startup Candor Technology Inc. will expand after snagging more than $12.5 million in a recent venture capital round. 

    The company, based in The Villages, raised $12.5 million in a Series A round that will enable the company’s patent-pending platform to analyze more types of loans, founder and CEO Thomas Showalter told Orlando Inno. Candor filed documents for the raise with the U.S. Securities and Exchange Commission on Aug. 18.