United States · Series B startup

Who invested in Tandem

6 rounds we have observed, with the 14 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

FintechHealthtechSports

Raised 9 months agoY Combinator: S19

Funding summaryUpdated 5 Nov 2026

$140Mraised across 6 rounds since 2023, from 6 sources

$25MVenture$100MSeries B
Latest round
Series B, $100MJan 2026
Led by
Accel
Step-upi
20×
Investors
14 (1 led)
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2023202420252026
$5.0MSeed$25MVenture$3.7MSeed$1.1MCrowdfunding$5.0MPre-seed$100MSeries B
First round
Seed, $5.0M
Feb 2023
Biggest round
$100M
Series B · Jan 2026
Usual gap between rounds
6 months
the median of 5

The rounds

  1. Jan 2026
    Series B$100M1 new

    Reported by AlleyWatchSEC filing: $100K sold, first sale Mar 2026

  2. May 2025
    Pre-seed$5.0M1 new

    Source recorded

  3. May 2024
    Crowdfunding$1.1M

    No investor was named in the report.

    Source recorded

  4. Jan 2024
  5. Jul 2023
  6. Feb 2023
    Seed$5.0M2 new

    Source recorded

Founders and team

From Tandem's own website: 3 on the team.

  • David WagonfeldPartner
  • Doug RenertPartner
  • Sunil BhargavaPartner

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

AccelVC firm1round, led 1
AntlerVC firm1round
Goodwater CapitalVC firm1round
QED InvestorsVC firm1round
HeadlineVC firm1round
Everywhere VenturesVC firm1round
SeedrsVC firm1round
AscensionVC firm1round
Drive CapitalVC firm1round
Corazon CapitalVC firm1round
Michigan RiseVC firm1round
SBXi FundVC firm1round
Flourish VenturesVC firm1round
Groove CapitalVC firm1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

This firm lists Tandem as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

Jayesh ParekhAngelPer its own site

Quick answers about Tandem

Who invested in Tandem?

Tandem's investors include Accel, Antler, Goodwater Capital, QED Investors and Headline, and 9 more on record. Accel led its latest round.

How much has Tandem raised?

Tandem has raised $140M across 6 rounds since 2023.

When did Tandem last raise?

Tandem's most recent round was a Series B of $100M in Jan 2026, led by Accel.

What was Tandem's biggest round?

Its most recent round, $100M in Jan 2026, is also its largest on record.

Who backed Tandem first?

Tandem's first round on record, in Feb 2023, was backed by Drive Capital and SBXi Fund.

What stage is Tandem at?

Tandem's latest named round is a Series B, in Jan 2026.

Where is Tandem based?

Tandem is based in the United States.

Who led Tandem's rounds?

Accel led the Series B in 2026.

Companies like Tandem

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