Dubai-founded healthcare talent mobility platform Tern Group raised USD 24 mn in a series A round, bringing its total funding to date to USD 33 mn, according to a statement. The UAE’s EQ2 Ventures and Presight participated in the round, which was led by UK-based Notion Capital. RTP Global, LocalGlobe, Leo Capital, DST Global’s Tom Stafford, NHS’ former chairman, AXA Healthcare’s CEO, and several policymakers also took part.

Where the funds will go: The company plans to expand into Europe, the GCC, Japan, and the US, invest further in AI tools such as predictive matching and adaptive language systems, and scale training and compliance operations through partnerships with governments, nursing colleges, and hospitals.

More on Tern: Founded in 2023 by Avinav Nigam (LinkedIn) and Krishna Ramkumar (LinkedIn), the company runs an AI-powered platform that trains, certifies, and deploys healthcare workers from 13 countries. It aims to address the infrastructure gap that has led to an oversupply of healthcare professionals in some countries and understaffing issues in others. Tern says it can cut international hiring timelines from 6-12 months to under 10 weeks.

By the numbers: Tern has built a vetted pipeline of over 650k professionals, partnered with more than 100 hospitals and care groups, and is generating upwards of USD 20 mn in annualized revenues. The company claims a 96% post-placement retention rate and monthly growth of 40% over the past year.

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