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Forward Health Raises $225M to Expand Nationwide

PRIVATEMar 11, 2021•about 5 years ago

Amount Raised

$225 Million

San Francisco

Investors

Marc Benioff Family Office

Description

Forward Health (https://goforward.com/), an entirely new healthcare system empowering doctors with technology and data to monitor and guide long-term health, today announced $225 million in Series D funding with participation from Founders Fund, Khosla Ventures, SoftBank Vision Fund 2, Marc Benioff, and The Weeknd, among others. The funding will help rapidly expand Forward Health’s healthcare system nationwide with several new locations slated to open in the first half of 2021. Forward Health will also use the funds to introduce new doctor-led programs focused on heart health, cancer detection, COVID-19, stress, anxiety, and weight management.

Company Information

Company

Forward Health

Location

San Francisco, California, United States

About

Forward Health is an entirely new healthcare system empowering doctors with technology and data to monitor and guide health outcomes. In addition to serving as your single-source for everyday, primary care, Forward Health membership also includes doctor-led programs focused on identifying issues from the top preventable diseases -- like cancer and heart disease -- to uncover issues early so members can stay healthy for the long-term. All with one flat fee and no co-pays -- ever. Investors include Founders Fund, Khosla Ventures, Softbank, and First Round Capital as well as angel investors Eric Schmidt, Marc Benioff, Neil Blumenthal, The Weeknd, and Ashton Kutcher amongst others. Founded in 2016, Forward Health has locations in Los Angeles, New York, Chicago, Seattle, Orange County, San Diego, San Francisco, and Washington, D.C. For more information, please visit goforward.com.

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VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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