Sweden’s Tandem Health secures €42.6M to build AI-native OS that empowers clinicians

Stockholm-based Tandem Health, a healthtech company transforming clinical workflows with AI, has raised $50M (approximately €42.6M) in a Series A funding round.

The round was led by Kinnevik, with participation from Northzone, Amino Collective, and Visionaries Club.

The investment will accelerate Tandem’s mission to remove the administrative burden from healthcare professionals and enable more time for patient care.

With this new funding, the Swedish company plans to expand beyond documentation to build a complete AI-native operating system for healthcare.

The next phase of development will include tools to capture the right clinical codes, coordinate care more effectively, and provide decision support at the point of need.

Tandem Health: Medical notes that write themselves

Founded by Lukas Saari, Oliver Åstrand, and Oscar Boldt-Christmas, Tandem Health develops AI-powered tools to support clinicians across Europe.

Its platform automates clinical documentation and is evolving into an end-to-end operating system for healthcare workflows.

“But this isn’t about automation for its own sake. It’s about making room for care that feels more personal, more focused, more human,” says the company.

As clinicians speak with patients, Tandem’s assistant creates accurate, compliant notes instantly, freeing them from typing and dictation.

As per the company’s claims, across Europe, tens of thousands of clinicians rely on its AI assistant every day.

In the UK, a partnership with Accurx has enabled more than 200,000 NHS professionals to access Tandem’s solution, one of the largest deployments of healthcare AI worldwide.

“We’ve brought in over 20 experienced doctors and psychologists and worked with hundreds of healthcare organisations to design a solution grounded in real clinical work. Every health system is different, and we knew we had to understand each one from the inside out. The future of healthcare will be shaped by whether healthcare workers can spend their time doing the work only they can do,” says the company.