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Series A

TERN Group raises £17.7m Series A funding led by Notion Capital

TERN Group

The Series A round was led by Notion Capital with participation from multiple venture firms and angel investors.

£17.7MSeries A

TERN Group operates a clinical AI workforce platform designed to help healthcare providers source, secure and relocate talent. The firm works with numerous global health providers and NHS trusts to address staffing shortages.

TERN Group has secured £17.7m in Series A funding to expand its clinical workforce platform. The round was led by Notion Capital, with participation from several other investors including RTP Global, LocalGlobe, EQ2 Ventures, Leo Capital, PreSight Capital, Lord David Prior, the CEO of AXA Health, and Tom Stafford.

The capital will be directed towards growing UK operations, strengthening relationships with NHS trusts, and advancing product development for compliance automation and system integrations. Additional focus will be placed on candidate preparation across clinical, linguistic, and cultural dimensions to support long-term retention.

Healthcare providers globally face mounting workforce gaps, prompting reliance on expensive locum cover. TERN Group offers an alternative infrastructure that integrates sourcing and onboarding, aiming to reduce hiring times and improve talent supply alignment.


From the founder

"Every Trust we meet tells us the same story: they need qualified staff now, but they cannot risk patient safety or compliance. Our platform gives them speed without compromise, predictability without cost inflation, and sustainability where locum dependency has become unsustainable. TERN Group’s mission is for every placement to set off a chain reaction: anurse arriving on time means a ward runs smoothly, which means patients get treated faster. This raise enables us to make those chain reactions happen at scale, across the UK and beyond."
AN

Avinav Nigam

Founder and CEO at TERN Group


Investor perspective

"TERN Group is tackling one of thehealthcare industry’s most urgent structural challenges: affordable, reliable and sustainable recruitment. By combining compliance with AI-driven efficiency, they are proving that workforce delivery doesn’t have to be slow or fragmented. It can be predictable infrastructure, which is why they are already becoming the trusted partner for healthcare systems in the UK and beyond."
Id

Itxaso del Palacio

General Partner, Notion Capital


Use of funds

  1. 01Continue product development
  2. 02Scale operations
  3. 03Fund research and development

Investors

Notion Capital

Itxaso del Palacio

Notion Capital

RG

RTP Global

LocalGlobe

LocalGlobe

EV

EQ2 Ventures

Leo Capital

Leo Capital

PC

PreSight Capital


Categories

AI/MLHealthTechMarketplace

About the company

TERN Group

TERN Group

TERN Group builds an AI platform for sourcing and relocating clinical workforce talent.

London, UK Website
£17.7MRaised