Nov 13, 05:40 PM

Tech-Driven Health Clinic Forward Health Shuts Down After Raising $750 Million, Including $400 Million Last Year

Forward Health, a tech-driven health clinic startup, has announced its closure and is laying off its entire 200-person staff. The company, which raised over $750 million in funding, including $400 million less than a year ago, aimed to revolutionize primary care with AI-driven, doctor-less CarePods. Despite its bold vision and significant financial backing from investors like Khosla Ventures, Founders Fund, and Marc Benioff, Forward faced challenges with operational complexity, scaling infrastructure, and the limitations of reactive care. After 8 years in operation and raising $650 million, the company has shut down its locations and mobile app, effective immediately.