TERN Group Raises $24 Million to Expand Partnerships Across Europe and the Gulf

TERN Group, an AI-powered global workforce-mobility platform for healthcare professionals headquartered between the UK and the UAE, has secured $24 million in a Series A funding round, bringing its total capital raised to $33 million.

The round was led by Notion Capital (UK) with participation from EQ2 Ventures (UAE), RTP Global, LocalGlobe, Leo Capital, Presight Capital, and investor Tom Stafford, co-founder of DST Global.

Founded in 2023 by Avinav Nigam and Krishna Ramkumar, TERN trains, certifies, and places healthcare professionals from 13 countries, cutting international hiring timelines from 6–12 months to under 10 weeks.

The new funds will be used to:

• Scale the company’s AI platform.
• Enhance training and compliance infrastructure.
• Strengthen partnerships with healthcare providers across the Gulf region while supporting growth in Europe and the UK.

CEO Avinav Nigam emphasized TERN’s mission to make global healthcare hiring faster and more transparent, noting the UAE’s rapidly growing demand for skilled professionals—healthcare spending there is projected to exceed $50 billion by 2029.

The platform already serves more than 650,000 healthcare professionals and over 100 healthcare organizations, offering end-to-end solutions including résumé analysis, compliance tracking, and initial interviews, with a support team that assists candidates with training, relocation, and cultural integration.

Notion Capital highlighted TERN’s ability to address the global shortage of healthcare workers by combining AI-driven efficiency with strict regulatory compliance, making it a trusted partner for health systems in the UK, UAE, Germany, and beyond.

With this investment, TERN Group plans to accelerate expansion in the Gulf and deepen integration with regional health systems, building a sustainable workforce infrastructure that enables hospitals and governments to meet rising healthcare demand efficiently and confidently.