Stockholm-based Tandem Health, a HealthTech startup transforming how clinicians manage administrative tasks through AI-powered documentation, has announced a €42.6 million Series A funding round to accelerate its product development and expand across Europe.
The investment was led by Kinnevik, with participation from Northzone, Amino Collective, and Visionaries Club. The round marks a significant milestone in Tandem’s mission to free up clinicians from the burden of documentation, giving them back the time to focus on patient care.
Georgi Ganev, CEO at Kinnevik: “At Kinnevik, we’ve spent over a decade investing in healthcare across Europe and the US and few teams have impressed us like Tandem. Their clarity of vision, execution speed, and product intuition are world-class. It is especially exciting for us to partner with a company from the Nordics that is pioneering the next generation of healthcare infrastructure in Europe. We are proud to join Tandem on this journey.”
Founded in 2023, Tandem offers an AI assistant that generates medical notes during patient consultations, enabling real-time, accurate, and compliant clinical documentation.
The company was launched with the goal of supporting clinicians rather than replacing them. Tandem has recruited over 20 experienced doctors and psychologists to help design a platform that fits within existing clinical environments.
Its AI-powered solutions currently serve healthcare providers in the UK, Germany, France, Spain, and beyond.
“We don’t believe in replacing clinicians. We believe in removing friction, quietly and respectfully, so their attention can go where it’s needed most,” said the Tandem Team.
The tool is reprotedly already used by tens of thousands of healthcare professionals across Europe and, thanks to a partnership with UK-based communications platform Accurx, over 200,000 NHS staff now have access to Tandem’s technology.
The fresh funding will allow Tandem to expand its product from documentation to a broader AI-native operating system that captures clinical codes, supports decision-making, and coordinates care – all while keeping the clinician in control.
“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,” they added.
As healthcare systems across Europe face burnout and administrative overload, Tandem’s human-centric approach to AI offers a compelling alternative.
With new capital and a growing presence across key European markets, Tandem is positioning itself as a vital part of the future of healthcare – one where technology supports empathy, rather than replacing it.
Read the orginal article: https://www.eu-startups.com/2025/06/swedish-startup-tandem-secures-e42-6-million-to-reduce-admin-burden-on-clinicians/
