Tandem Health at a glance
As of- [1] Equity raised: Sum of the 1 sourced equity round in the funding history below (debt, tender offers and rumored rounds excluded), September 14, 2026
- [2] Total funding (reported): Tech.eu, September 14, 2026
- [3] Lead investors: Tech.eu, September 14, 2026
What Tandem Health does
Tandem Health is a Swedish health-tech startup.[1] Lukas Saari founded Tandem in 2023 with Oliver Åstrand and Oscar Boldt-Christmas.[1] Saari previously led McKinsey's Nordic healthcare analytics team.[1] He then worked on machine learning at Spotify.[1] The company started as an AI scribe that drafts clinical notes from consultations.[1] Its tool now prepares patient summaries before an appointment and offers clinical decision support during it.[1] Afterwards, it handles documentation, coding and follow-up tasks.[1] The scribe, coding assistant and decision support tools hold Class IIa certification under the EU Medical Device Regulation.[1] Tandem says 10,000 care organizations in 14 European markets use its software, including Ramsay Santé, Humanitas and the NHS.[1] In January 2026 it acquired Juvoly, a Dutch AI scribe.[1] The company did not disclose its valuation.[1] Part of the money will go to deeper expansion in markets where Tandem already has offices.[1] The rest will build what it calls an AI-native clinic operating system, adding triage, scheduling and patient communications.[1]
Business model and customers
It sells what it calls an AI medical assistant for clinicians.[1]
Leadership
- Saari is chief executive.[1]
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Recent changes
- Sep 14, 2026Sep 14, 2026Raised $100M Series B Tech.eu
- Sep 14, 2026Sep 14, 2026First reported total funding: $160M Tech.eu
- Sep 14, 2026Sep 14, 2026New investor: Northzone Tech.eu
- Sep 14, 2026Sep 14, 2026Tandem Health Raises $100M For Clinical AI Co-Pilot Pulse story
- Sep 14, 2026Sep 14, 2026Tandem Health Raises $100M To Build An AI Clinic OS Pulse story
Funding history
1 equity event · newest first · sources dated per row| Date | Round | Amount | Valuation | Lead investors | Source |
|---|---|---|---|---|---|
| Sep 14, 2026 | Series B | $100M | — | Tech.eu |
Equity only. “Equity raised” above sums the rounds with a dated, linked source; rumored rounds, tender offers and secondary sales are listed but not counted, and debt financing is listed separately.
How Tandem Health has been funded
Tandem raised a $50 million Series A in 2025.[1] On September 14, 2026, it announced a $100 million Series B led by the EQT-managed Scaleup Europe Fund.[1] The round brought Tandem's total funding to $160 million.[1]
Investors and their roles
- Existing investors Kinnevik, Northzone, Amino Collective and Visionaries also took part.[1]
Investors
Latest Pulse
- Sep 25, 2026Digital Health Quietly Has Its Best Year Since 2021Digital health raised $7.4 billion in H1 2026 after two lean years, and Pulse's own tracker shows the pace hasn't slowed since -- roughly $1.85 billion more across nine disclosed rounds in just the past 30 days.→
- Sep 14, 2026Tandem Health Raises $100M For Clinical AI Co-PilotStockholm's Tandem Health raised €86.5 million in a Series B led by EQT's Scaleup Europe Fund to build an AI co-pilot for clinical documentation, betting European healthcare fragmentation favors a local-native builder over Abridge or Microsoft's Nuance.→
- Sep 14, 2026Tandem Health Raises $100M To Build An AI Clinic OSStockholm-based Tandem Health raised $100 million in Series B funding led by EQT's Scaleup Europe Fund, its first healthtech investment, bringing Tandem's total funding to $160 million as it expands from AI documentation into a full clinic operating system.→
Coverage Timeline
newest firstAll Coverage
Tandem Health Raises $100M For Clinical AI Co-Pilot
Stockholm's Tandem Health raised €86.5 million in a Series B led by EQT's Scaleup Europe Fund to build an AI co-pilot for clinical documentation, betting European healthcare fragmentation favors a local-native builder over Abridge or Microsoft's Nuance.
Tandem Health Raises $100M To Build An AI Clinic OS
Tandem Health Raises $100M To Build An AI Clinic OS
Stockholm-based Tandem Health raised $100 million in Series B funding led by EQT's Scaleup Europe Fund, its first healthtech investment, bringing Tandem's total funding to $160 million as it expands from AI documentation into a full clinic operating system.
Tandem Health FAQ
What is Tandem Health's valuation?
Tandem Health did not disclose its valuation.[1]
How much has Tandem Health raised?
Tandem raised a $50 million Series A in 2025.[1]
Who invested in Tandem Health?
On September 14, 2026, it announced a $100 million Series B led by the EQT-managed Scaleup Europe Fund.[1]
Who is the CEO of Tandem Health?
Saari is chief executive.[1]
What does Tandem Health do?
Tandem Health is a Swedish health-tech startup.[1]
References
researched 2026-10-24Sources & methodologyshow
- Tech.eumajor outlet2 facts
Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.