TERN Group, a UK- and UAE-based AI-powered global healthcare talent mobility platform, has raised $24 million in Series A, bringing its total funding to $33 million.
Investors
The round was led by Notion Capital (UK), with participation from EQ2 Ventures (UAE), RTP Global, LocalGlobe, Leo Capital, Presight Capital, and DST Global’s Tom Stafford.
Notion Capital is a London-based venture capital firm specializing in early-stage investments in European SaaS and fintech companies. The firm primarily targets Series A and growth-stage opportunities. Notion has over $1 billion in assets under management.
TERN Group Use of Funds
The company will use the funds to expand its AI, training, and compliance infrastructure, strengthen partnerships in the GCC, and support growth in Europe and the UK.
About TERN Group
Founded in 2023 by Avinav Nigam and Krishna Ramkumar, TERN Group is a global healthcare recruitment company that specializes in sourcing, recruiting, and relocating international nurses and doctors to address healthcare worker shortages. It provides a full-stack solution to train, certify, and deploy healthcare professionals from 13 countries into high-demand global markets. TERN’s clinical AI workforce platform offers faster hiring, cost savings, and industry-leading retention rates. Serving over 100 global healthcare clients, the platform supports more than 650,000 professionals worldwide.
Funding Details
Company: TERN Group
Raised: $24.0M
Round: Series A
Funding Date: September 2025
Lead Investor: Notion Capital
Additional Investors: EQ2 Ventures, RTP Global, LocalGlobe, Leo Capital, Presight Capital, Tom Stafford
Company Website: https://www.tern-group.com/
Software Category: AI Healthcare Talent Mobility / Workforce Management
Source: https://www.wamda.com/2025/09/tern-group-closes-24-million-series-accelerate-europe-expansion