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Forward Health valued at over $1b in latest funding from SoftBank, others
Softbank Corp CEO Masayoshi Son speaks during a news conference in Tokyo February 12, 2014. SoftBank Corp, which runs Japan s third-largest mobile carrier by subscriber numbers, reported a dip in third-quarter net profit after a string of acquisitions incurred steep integration costs. REUTERS/Yuya Shino
March 12, 2021
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.
Forward uses biometric body scans, genetic testing and blood tests to assess what diseases a patient is likely to develop later in life and then uses that information to set customers up with health plans to help prevent those diseases.
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(Reuters) - 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.
Forward uses biometric body scans, genetic testing and blood tests to assess what diseases a patient is likely to develop later in life and then uses that information to set customers up with health plans to help prevent those diseases.
For instance, if tests show a person is at higher risk of developing heart disease, Forward Health will offer a custom-tailored program that the patient and doctor can use to help prevent specific heart diseases.