Primary Care Player Forward Raises $100M

Primary care player Forward unveiled this week what it has been quietly working on the past two years—self-serve CarePods that use artificial intelligence to screen and diagnose health conditions.

The company, which launched in 2016 with a tech-enabled direct primary care business model, also picked up $100 million in growth capital to manufacture and roll out the Forward CarePods. The new investment was backed by Khosla Ventures, Founders Fund and Softbank. The latest funding was a series E that includes equity financing of more than $50 million as well as debt financing.

Forward also is backed by “AI luminaries” former Google CEO Eric Schmidt, John Giannandrea, senior vice president of artificial intelligence at Apple, Demis Hassabis, co-founder of DeepMind), and Mustafa Suleyman, co-founder of DeepMind and Inflection AI, Fierce Healthcare reports. Read more

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