# Tandem Health funding: rounds and investors

> Tandem Health has raised $150M across 2 rounds since 2025. Investors include Northzone, Visionaries Club and Scaleup Europe Fund. Every round with its source.

Source: https://millionrounds.com/company/tandem-health (Millionrounds; every figure on the page links to its filing or article)

Sweden · [Series B startup](https://millionrounds.com/companies)

# Who invested in *Tandem Health*

2 rounds we have observed, with the 6 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.

AI Healthcare

Raised 1 month ago

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Funding summary Updated 27 Oct 2026

**$150M** raised across 2 rounds since 2025, from 3 sources

**$50M** Series A **$100M** Series B

- **Latest round:** Series B, $100M Sept 2026
- **Led by:** Scaleup Europe Fund
- **Step-up i:** 2×
- **Investors:** 6 (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.

2026

**$50M** Series A

**$100M** Series B

- **First round:** Series A, $50M
- **Biggest round:** $100M
- **Between rounds:** 15 months

## The rounds

- **Sept 2026** Series B **$100M** *4 new* *2 returning* [Scaleup Europe Fund](https://millionrounds.com/fund/scaleup-europe-fund) Lead [Northzone](https://millionrounds.com/fund/northzone) [Kinnevik](https://millionrounds.com/fund/kinnevik) [Visionaries Club](https://millionrounds.com/fund/visionaries-club) [EQT](https://millionrounds.com/fund/eqt) [Amino Collective](https://millionrounds.com/fund/amino-collective) Reported by ArcticStartup and 1 other
- **Jun 2025** Series A **$50M** *2 new* [Northzone](https://millionrounds.com/fund/northzone) [Visionaries Club](https://millionrounds.com/fund/visionaries-club) Source recorded

## 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.

**Series A** 2025 **Series B** 2026 [Northzone](https://millionrounds.com/fund/northzone) [Visionaries Club](https://millionrounds.com/fund/visionaries-club) [Scaleup Europe Fund](https://millionrounds.com/fund/scaleup-europe-fund) L [Kinnevik](https://millionrounds.com/fund/kinnevik) [EQT](https://millionrounds.com/fund/eqt) [Amino Collective](https://millionrounds.com/fund/amino-collective)

## Everyone who backed them

[Northzone](https://millionrounds.com/fund/northzone) VC firm **2** rounds

[Visionaries Club](https://millionrounds.com/fund/visionaries-club) VC firm **2** rounds

[Scaleup Europe Fund](https://millionrounds.com/fund/scaleup-europe-fund) Growth equity **1** round, led 1

[Kinnevik](https://millionrounds.com/fund/kinnevik) VC firm **1** round

[EQT](https://millionrounds.com/fund/eqt) Private equity **1** round

[Amino Collective](https://millionrounds.com/fund/amino-collective) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=tandem-health).

## Also claim to have backed them

This firm lists Tandem Health 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.

[Navisalma](https://millionrounds.com/fund/navisalma) Venture studio Per its own site

## Quick answers about Tandem Health

### Who invested in Tandem Health?

Tandem Health's investors include Northzone, Visionaries Club, Scaleup Europe Fund, Kinnevik and EQT, and 1 more on record. Scaleup Europe Fund led its latest round.

### How much has Tandem Health raised?

Tandem Health has raised $150M across 2 rounds since 2025.

### When did Tandem Health last raise?

Tandem Health's most recent round was a Series B of $100M in Sept 2026, led by Scaleup Europe Fund.

### What was Tandem Health's biggest round?

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

### Who backed Tandem Health first?

Tandem Health's first round on record, in Jun 2025, was backed by Northzone and Visionaries Club.

### What stage is Tandem Health at?

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

### Where is Tandem Health based?

Tandem Health is based in Sweden.

### Who led Tandem Health's rounds?

Scaleup Europe Fund led the Series B in 2026.

## Companies like Tandem Health

In the same sector, and raised in the last eighteen months.

[**Holyvolt** $45M · Oct 2026](https://millionrounds.com/company/holyvolt)[**Legora** $1.3B · Oct 2026](https://millionrounds.com/company/legora)[**MAIA Universe** $1.1M · Oct 2026](https://millionrounds.com/company/maia-universe)[**OlsAro** $8.2M · Oct 2026](https://millionrounds.com/company/olsaro)[**Neko Health** $1.7B · Sept 2026](https://millionrounds.com/company/neko-health)[**IPercept** $17M · Sept 2026](https://millionrounds.com/company/ipercept)

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