Tandem

Boise, United States Founded: 2023 • Age: 3 yrs
AI solutions are provided by Tandem for prior authorizations.

About Tandem

Tandem is a company based in Boise (United States) founded in 2023 by Sahir J. It operates as a AI-as-a-Service, and HealthTech. Tandem offers products and services including AI Prior Authorization Solution, Pharmacy Coordination Service, and Affordability Assistance. Tandem operates in a competitive market with competitors including Capsule, Blink Health, NimbleRx, Phil and Scriptdrop, among others.

  • Headquarter Boise, United States
  • Founders Sahir J
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Tandem Technology, Inc.
Operational Areas
Healthcare → Health Technology & Digital Health
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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Products & Services of Tandem

Tandem offers a comprehensive portfolio of products and services, including AI Prior Authorization Solution, Pharmacy Coordination Service, and Affordability Assistance. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

AI is used to automate prior authorizations efficiently.

Prescriptions are routed to pharmacies based on preferences.

Best pricing options are found for patient prescriptions.

Funding Insights of Tandem

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2023 Amount Seed - Tandem Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Tandem

Tandem has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Bain Capital Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Venture capital fund focused on investing in multiple sectors
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Tandem

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Tandem

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Tandem Comparisons

Employees
+
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Competitors of Tandem

Tandem operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Capsule, Blink Health, NimbleRx, Phil and Scriptdrop, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
An online pharmacy platform is operated for medicine delivery services.
domain founded_year HQ Location
Discounted prescription drugs are provided via an online pharmacy platform.
domain founded_year HQ Location
Prescriptions are delivered same-day through an online platform.
domain founded_year HQ Location
Prescription drugs refill management solutions
domain founded_year HQ Location
On-demand prescription delivery is facilitated for patients through pharmacists' workflows.
domain founded_year HQ Location
Software is offered for executive assistants' task tracking and scheduling.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Tandem

Frequently Asked Questions about Tandem

When was Tandem founded?

Tandem was founded in 2023.

Where is Tandem located?

Tandem is headquartered in Boise, United States. It is registered at Boise, Idaho, United States.

Who is the current CEO of Tandem?

Sahir J is the current CEO of Tandem. They have also founded this company.

What does Tandem do?

AI technology is utilized by Tandem to streamline prior authorizations, pharmacy coordination, and affordability for prescriptions. Services are offered to healthcare practices to reduce administrative burdens and ensure faster medication access for patients. The focus is placed on automating paperwork, handling payer interactions, and optimizing prescription routing within the healthcare sector.

Who are the top competitors of Tandem?

Tandem's top competitors include Capsule, Blink Health and Phil.

What products or services does Tandem offer?

Tandem offers AI Prior Authorization Solution, Pharmacy Coordination Service, and Affordability Assistance.

Who are Tandem's investors?

Tandem has 1 investor. Key investors include Bain Capital Ventures.

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