Tendo
Overview
Tendo is a healthcare technology company that provides software aimed at improving patient experiences and clinician workflows. Founded in Philadelphia in 2020 by siblings Dan and Jen Goldsmith, Tendo aims to create seamless, intuitive user experiences throughout the care journey. The company has raised several millions in funding from investors such as Lux Capital and General Catalyst and focuses on integrating healthcare services to enhance quality and affordability.
Recent Developments
- April 2025: Tendo secured a $20 million investment from Vistara Growth to further expand its healthcare technology platform. This funding aims to enhance Tendo's technology, scale its operations, and increase its impact on health systems and employer-sponsored healthcare.
- 2024: Tendo was recognized by Forbes as one of America's Best Startup Employers. The acknowledgment highlights Tendo’s commitment to building an innovative workforce aimed at transforming healthcare.
- September 2023: Tendo announced its acquisition of MDsave, a transaction valued at $150 million. This acquisition is aimed at integrating MDsave's healthcare marketplace with Tendo's technology platform, enhancing the offering of affordable and transparent healthcare services.
- 2022: Tendo partnered with healthcare systems like Jefferson Health to create a digital engagement platform. The collaboration is intended to provide patients with a unified view of health records across different hospital systems.
Company Information
| Attribute | Information |
|---|---|
| Founding Date | 2020 |
| Headquarters | Philadelphia, Pennsylvania, USA |
| Founders | Dan Goldsmith, Jen Goldsmith |
| Revenue | Not publicized |
| Profits | Not publicized |
| Key Investors | Lux Capital, General Catalyst |
| Industry | Healthcare technology |
| Number of Employees | 160 (post-acquisition) |
Early History
Tendo was founded by Dan and Jen Goldsmith in 2020, leveraging their 25+ years of experience in life sciences and education to address challenges in healthcare. The company's initial focus was on creating a patient-centered platform that integrates various health services into a seamless digital experience. By collaborating with healthcare providers like Jefferson Health, Tendo quickly emerged as a player in the digital healthcare landscape.
Company Profile and Achievements
Tendo operates by developing software and analytics tools that improve the quality of patient care. Its major achievements include:
- Developing the Tendo Care Journey application that connects patients and healthcare providers, improving collaboration and reducing costs.
- Launching the Tendo Insights solution, which helps health systems improve patient data capture, affecting care outcomes and quality rankings positively.
- The acquisition of MDsave, enabling Tendo to offer a comprehensive healthcare marketplace including shoppable medical procedures with transparent pricing.
Tendo has consistently aimed to bring continuity to healthcare's complex and disconnected landscape by leveraging data-driven insights, thus improving quality, health, and financial outcomes for its users.
Current Operations and Market Position
Currently, Tendo focuses on expanding its platform to include more comprehensive healthcare solutions. By integrating with partners like Jefferson Health and leveraging acquisitions like MDsave, Tendo is positioning itself as a key player in making healthcare more accessible and affordable. Its platforms, Tendo Insights and Tendo Marketplace, underpin its strategic objectives by enabling shoppable healthcare procedures and improving patient/provider engagement.
Tendo Medical
Tendo's platform supports medical operations by offering quality documentation improvement, patient-centric outreach, and care connect that facilitates access to bundled healthcare services. These services are designed to enhance the patient experience, provider efficiency, and overall healthcare quality.
Tendo Philadelphia
Being based in Philadelphia, Tendo leverages its location to partner with renowned health systems like Jefferson Health, creating impactful healthcare solutions that integrate seamlessly with existing hospital protocols. As a prominent healthcare hub, Philadelphia offers Tendo a strategic advantage in accessing key healthcare networks and talent.
Conclusion
Tendo stands out in the healthcare technology sector by offering innovative solutions that enhance patient and provider experiences. By focusing on creating more integrated and accessible healthcare systems, Tendo is positioned to impact healthcare delivery significantly. With recent financial backing and strategic acquisitions, Tendo is poised for growth, aiming to set industry standards in connectivity and patient-centered care solutions.