TERN Group raises $24 Mn in Series A round led by Notion Capital

TERN Group, a global talent mobility platform for healthcare workers, has raised $24 million in Series A funding led by UK-based Notion Capital. 

The round also saw participation from RTP Global, LocalGlobe, EQ2 Ventures, and Leo Capital, along with existing backers including Presight, Tom Stafford (Co-founder, DST Global), and senior healthcare policymakers. 

This brings TERN’s total funding to $33 million.

The proceeds will be used to expand into new geographies, enhance its AI-powered Clinical Workforce platform, and scale training operations. 

Founded by Avinav Nigam and Krishna Ramkumar, both former executives at Urban Company and Cars24, TERN enables Indian nurses and care workers to access global careers with transparent hiring, AI-led matching, and zero-fee recruitment.

TERN claims to have grown 10x in the last year, nearing Rs 200 crore in annualised revenues, with a presence in 13 countries including India, the UK, Germany, Saudi Arabia, and the UAE. 

Over 650,000 professionals are registered on its platform, with partnerships with NSDC, TNAI, and state governments to scale training and compliance.

TERN competes with global healthcare staffing and mobility players such as AMN Healthcare and MedPro International.