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Tandem has successfully closed its initial seed financing to support its AI platform for restaurant operations. Co-founded by xtraCHEF founders Andrew Schwartz and Bhavik Patel, the funding will accelerate product development and expand the team.

RECENTLY ACQUIREDSep 22, 2026about 2 hours ago

Round Type

Seed

Ann ArborSoftwareAppsFinanceFintech

Description

Tandem, an AI company focused on transforming restaurant operations, has closed its initial seed financing. Founded by xtraCHEF co-founders Andrew Schwartz and Bhavik Patel, the funding will accelerate product development and team expansion. The company is already piloting its platform with operators across 100 restaurant locations. With a growing waitlist of additional restaurant groups, Tandem is set to reinvent how technology supports restaurant operators.

Company Information

Company

Tandem

Location

Ann Arbor, Michigan, United States

About

Tandem is building the infrastructure to connect households to their ideal financial products based on life stage. Our foundational platform serves as the Gen Z & Millennial household’s first financial point-of-contact, allowing them to manage and split shared expenses without the need for a joint account, analyze joint spending insights, track shared lists/tasks and plan for future purchases like buying a home. By building experiences around the first financial pain points experienced at household formation, we utilize unique data sets and best-in-class engagement to partner with financial institutions match them with their ideal customers.

Fundz sees it the moment Tandem raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Strategic

ML-powered predictions for Tandem's next move

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Tandem raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 285,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.