April 18, 2021

iNews Network

News That Delivers!

Reuters reveals Forward Health valued at over $1 billion in latest funding from SoftBank, others

Health

Reuters broke the news that Forward Health has raised $225 million from investors led by SoftBank Vision Fund 2 and Peter Thiel’s Founders Fund, in a late-stage funding round that values the healthcare startup at more than $1 billion. The Series D funding round also includes investments from Khosla Ventures, Salesforce.com Inc Chief Executive Officer Marc Benioff and Canadian pop singer The Weeknd. By providing predictive and preventive primary care services, Forward is among a slew of healthcare tech ventures that have benefited from the COVID-19 pandemic, which has resulted in sky-high demand for remote health services.

Article Tags

Topics of Interest: Health

Type: Reuters Best

Sectors: Equities

Regions: Global

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Significant National Story