Key Points:
Tandem Health raised $50 million in Series A funding to expand its AI healthcare workflow and documentation solutions.
The platform supports tens of thousands of clinicians across Europe, including more than 200,000 NHS staff.
Key Background :
Stockholm-headquartered Tandem Health was founded in 2023 and is disrupting the healthcare industry with its artificial intelligence-driven solutions designed to streamline the administrative load for physicians and healthcare professionals. The company's flagship product is an AI "medical copilot" that receives consultations, transcribes them real-time, and generates structured clinical documentation. Such records, including referral letters and patient summaries, are synchronised directly with EHR systems in real-time, speeding up clinical workflows and making them leaner.
The platform has been taken up broadly across Europe. Today, it is utilized by healthcare professionals in the UK, Germany, France, Spain, and Tandem's home nation, Sweden. Among its best features has been being taken on by a leading healthcare communication platform in the UK, providing access to more than 200,000 NHS clinicians. This release was one of the biggest AI deployments ever in European healthcare and highlights the trust placed in Tandem's technology.
The firm was awarded the latest $50 million Series A round by Kinnevik, which was supported by Northzone, Amino Collective, and Visionaries Club. The firm will use the funds to build its technology and strengthen its service lines. Investors have praised Tandem for its strong leadership, swift execution, and capacity to revolutionize the management of clinical documentation and workflow processes.
Tandem is broadening its scope to go beyond documentation. Tandem is creating an operating system that is AI-native and will assist with critical clinical care areas—such as suggesting the right billing codes, managing care coordination, and offering AI-powered clinical decision support tools. In the coming months, the platform will also include intelligent features like automated sharing of notes, follow-up reminders, and other agent-driven behaviors, all within a platform that is subject to rigorous data privacy regulations.
The company has grown very quickly from a team of five to a team of 50 in the past year and aims to double that in the near future. Its approach to recruitment is to recruit clinicians and healthcare professionals who have domain expertise and will ensure the product remains aligned with the needs of healthcare in the real world.
Looking ahead, Tandem is dedicated to going deeper into markets it already knows and venturing into new ones such as Italy. Its aspiration for the future is clear: to be the AI foundation for the clinical operations of Europe and enable the possibility of a future where physicians can do less paperwork and more healing.