When was TERN founded?

TERN was founded in 2023 and raised its 1st funding round within a year of its incorporation.

Where is TERN located?

TERN is headquartered in London, United Kingdom. It is registered at 3RD FLOOR,1 ASHLEY ROAD,ALTRINCHAM,CHESHIRE,UNITED KINGDOM,WA14 2DT.

Who is the current CEO of TERN?

Avinav Nigam of TERN. They have also founded 1 company.

Which legal entities is TERN associated with?

TERN is associated with TERN TECHNOLOGIES LTD.

How many employees does TERN have?

As of Sep 30, 2026, the latest employee count at TERN is 110.

Is TERN a funded company?

TERN is a funded company, having raised a total of $33M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Sep 28, 2023.

How much is TERN worth?

The latest valuation of TERN is £***** as of Aug 27, 2025.

When was the latest funding round of TERN?

TERN's latest funding was a $***** Series A round on Sep 10, 2025, with participation from 7 investors. Its primary sector is Healthcare IT. In United Kingdom, the Healthcare IT sector has seen $397M in funding in 2026 to date.

Where does TERN rank among its competitors?

TERN ranks 8th amongst 590 active competitors, of which 35 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Hippocratic AI, which secured $126M in Nov, 2025.

Who are the top competitors of TERN?

TERN's top competitors include ShiftKey, Hippocratic AI and M3. Among them, Hippocratic AI secured the most recent funding round in November, 2025.

TERN - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Provider of international healthcare recruitment and relocation services. It sources and verifies healthcare professionals, facilitating the entire hiring process from matching candidates to vacancies to visa assistance, housing, and onboarding support. The company offers pre-screening interviews and streamlined interview scheduling. It also provides optional services such as visa processing and banking setup to ease the relocation process for both employers and candidates. The platform aims to expedite international healthcare recruitment, addressing shortages by connecting employers with qualified professionals and managing the complexities of cross-border hiring.

Website: www.tern-group.com/
Social
Email ID: *****@tern-group.com
Phone Number: +44 **********
Registered Address: 3RD FLOOR,1 ASHLEY ROAD,ALTRINCHAM,CHESHIRE,UNITED KINGDOM,WA14 2DT

Key Metrics

Founded Year

2023

Location

London, United Kingdom

Stage

Series A

Total Funding

$33M in 3 rounds

Latest Funding Round

Series A, Sep 10, 2025, $*****

Post Money Valuation

£***** as on Aug 27, 2025

Investors

Notion Capital & 13 more

Ranked

8^th among 590 active competitors

Employee Count

110 as on Sep 30, 2026

Similar Companies

ShiftKey & 374 more

View TERN's full profile

TERN is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
TERN TECHNOLOGIES LTD CIN: 15073307 , United Kingdom, Active	Aug 14, 2023	-	11 (As on Mar 31, 2025)

TERN has raised a total funding of $33M over 3 rounds. Its first funding round was on Sep 28, 2023. Its latest funding round was a Series A round on Sep 10, 2025 for $*****. 7 investors participated in its latest round. TERN has 12 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of TERN:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 10, 2025	7998837	Series A	7398781	6674732	7918418	7023827
Jul 01, 2024	2745571	Seed	2216881	8589661	4658004	9412198
Sep 28, 2023	2563057	Seed	5071859	6024862	Presight Capital	Firedrop & 1 more

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View details of TERN's funding rounds and investors

The founders of TERN are Krishna Ramkumar and Avinav Nigam. Avinav Nigam is the CEO of TERN.

Here are the details of TERN's key team members:

Krishna Ramkumar: Co-Founder & COO of TERN and founder of 1 other company. They are also an angel investor in 2 startups and serve on the board of 1 company.
Contact Info: 1 email address and 2 phone numbers
Avinav Nigam: Co-Founder & CEO of TERN and founder of 4 other companies, including IMMO, Zaza Box and Zaza Box. They serve on the boards of 2 companies.
Contact Info: 2 email addresses and 1 phone number

TERN's Board of Directors

TERN's board has 3 active members. Avinav Nigam is part of team and Galina Chifina and Fabian Leonardo Hansen are independent board members.

Here is the list of TERN's board of directors:

Name	Type	Representing	Status	Duration
Avinav Nigam	Team	-	Current	3y 2m
Galina Chifina	Independent board member	-	Current	2y 3m
mo{rhwm	Independent board member	-	Current	2y 3m

View details of TERN's Founder profiles and Board Members

TERN's employee count trend

TERN has 110 employees as of Sep 26. Here is TERN's employee count trend over the years:

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Top competitors of TERN include ShiftKey, Hippocratic AI and M3. Here is the list of Top 10 competitors of TERN, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	ShiftKey 2016, Irving (United States), Series A	Platform that connects licensed professionals with healthcare facilities	$300M	Lorient Capital, Pantheon International & 8 others	74/100
2nd	Hippocratic AI 2022, Palo Alto (United States), Series C	Developer of safety-focused generative AI for healthcare	$404M	General Catalyst, Premji Invest & 18 others	68/100
3rd	M3 2000, Tokyo (Japan), Public	Japan's networking site dedicated to healthcare professionals	-	-	65/100
4th	OpenLoop 2020, United States, Series A	Provider of work opportunities digital platform for healthcare professionals	$26.1M	SpringTide, Nava Ventures & 9 others	63/100
5th	Medley 2009, Tokyo (Japan), Public	Online portal for disease-specific medical information and medical jobs	$4.4M	Gree, Mitsui Sumitomo Insurance Venture Capital ... & 10 others	63/100
6th	Clipboard Health 2016, San Francisco (United States), Series C	Connecting healthcare facilities with quality professionals, offering flexibility and reliable staffing	$90M	IVP, Sequoia Capital & 12 others	63/100
7th	Apploi 2013, New York City (United States), Acquired	Healthcare recruitment software offering applicant tracking solutions	$54M	Underscore VC, m]x[v Capital & 10 others	62/100
8th	TERN 2023, London (United Kingdom), Series A	Provider of international healthcare recruitment and relocation services	$33M	Presight Capital, Notion & 12 others	62/100
9th	DirectShifts 2017, New York City (United States), Series A	Online job board platform for the healthcare sector	$150K	Y Combinator, For Good Ventures & 8 others	60/100
10th	BioSpace 1985, Urbandale (United States), Series A	Online job board for life science industry	$10M	Brentwood Associates, Sequoia Capital & 2 others	59/100