Tandem Health raises €42.6 million to give clinicians more time for patient care with AI-powered documentation

Swedish Startup Tandem Health Raises €42.6 Million to Ease Clinician Admin Work

Stockholm-based Tandem Health, a HealthTech startup, has secured €42.6 million in a Series A funding round to accelerate its AI-driven solutions that reduce administrative tasks for clinicians. The investment, led by Kinnevik with contributions from Northzone, Amino Collective, and Visionaries Club, aims to help Tandem expand across Europe and develop its product further.

AI That Supports Clinicians, Not Replaces Them

Founded in 2023, Tandem Health offers an AI assistant that generates medical notes in real-time during patient consultations. This tool ensures clinical documentation is accurate, compliant, and done without disrupting the clinician’s workflow. The company emphasizes its goal to support clinicians by removing friction in documentation, rather than replacing human expertise.

To ensure the platform fits clinical environments well, Tandem has involved over 20 experienced doctors and psychologists in its design process. Its AI solutions are already in use by healthcare providers across the UK, Germany, France, Spain, and more.

Backing from Experienced Investors

Georgi Ganev, CEO of Kinnevik, highlighted Tandem’s clear vision, fast execution, and deep product insight as key reasons for their investment. He expressed pride in partnering with a Nordic company that is building next-generation healthcare infrastructure for Europe.

Impact and Reach

Tandem’s tool is currently used by tens of thousands of healthcare professionals. A partnership with UK-based communication platform Accurx has extended access to over 200,000 NHS staff, broadening its impact within one of Europe’s largest healthcare systems.

Plans for Growth and Product Expansion

The fresh funding will enable Tandem to evolve from a documentation assistant into a broader AI-native operating system. Future features aim to capture clinical codes, support clinical decision-making, and coordinate care — all while keeping clinicians in control.

The Tandem team stated, “This funding helps us support more of that work. We’re grateful to those who believe in the vision, and even more grateful to the clinicians putting Tandem to use every day.”

Addressing Burnout and Overload in Healthcare

With administrative overload contributing to clinician burnout across Europe, Tandem’s approach offers a practical solution. By using AI to handle routine documentation, clinicians can focus more on patient care. This aligns with the growing need for technology that enhances healthcare delivery without replacing the human touch.

• AI-powered medical note generation during consultations
• Designed with input from medical professionals
• Used by tens of thousands of healthcare workers across Europe
• Partnership extends reach to over 200,000 NHS staff
• Plans to expand into a comprehensive clinical operating system

For product developers interested in AI-driven healthcare tools, Tandem Health presents a clear example of integrating AI to solve real-world problems while respecting professional expertise.

Learn more about AI applications and training that could support product innovation in healthcare at Complete AI Training.