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About Forward
Industries
Biotechnology
Healthcare
Company Size
201-500
Company Stage
Late Stage VC
Total Funding
$316.1M
Headquarters
San Francisco, California
Founded
2016
Overview
GoForward provides healthcare services that focus on prevention and continuous health monitoring without the need for traditional insurance. Clients pay a monthly subscription fee for unlimited access to doctors, personalized health plans, and the use of wearable devices to track their health metrics. This approach allows GoForward to offer a more efficient and cost-effective alternative to conventional healthcare, targeting individuals who are proactive about their health, such as young professionals and those with chronic conditions. Unlike traditional healthcare providers, GoForward leverages data-driven technology to deliver personalized health recommendations and early warnings for potential health issues, aiming to reduce overall healthcare costs and improve health outcomes.
Simplify's Take
What believers are saying
- Growing adoption of wearable health tech aligns with Forward's continuous monitoring focus.
- U.S. healthcare shift to value-based care supports Forward's preventive model.
- Increased interest in AI healthcare solutions boosts Forward's tech-centric approach.
What critics are saying
- Forward's sudden closure damages reputation and customer trust.
- Layoffs and service cessation may lead to legal and financial challenges.
- Loss of competitive edge as competitors innovate and expand offerings.
What makes Forward unique
- Forward leverages AI and wearable tech for continuous health monitoring.
- The company offers an insurance-free, subscription-based healthcare model.
- Forward's CarePods provide on-demand, AI-powered healthcare services.
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Funding
Total Funding
$316.1M
Above
Industry Average
Funded Over
2 Rounds
Founders Fund
SoftBankBenefits
Dental Insurance
Health Care On-Site
Mental Health Care
Vision Insurance
Growth & Insights and Company News
6 month growth
↑ 3%1 year growth
↑ 3%2 year growth
↑ 4%What You Should Know:– Forward, a technology-driven preventive primary care provider, has announced the immediate closure of all its locations and the shutdown of its mobile app.– The sudden announcement leaves members scrambling to find new providers and access their medical records.Immediate Cessation of ServicesEffective immediately, Forward has ceased all operations, including:Employee Layoffs: All 200 Forward employees will be laid off.All 200 Forward employees will be laid off. Closure of physical locations: All Forward clinics are closed.All Forward clinics are closed. Cancellation of appointments: All scheduled visits have been canceled.All scheduled visits have been canceled. Shutdown of mobile app: The Forward app is no longer accessible.Forward, founded in 2016, aimed to revolutionize preventive healthcare with a technology-driven approach with its Forward CarePods, a self-service AI-powered doctor’s offices. CarePods provided patients with on-demand access to a broad range of services, including disease detection, biometric body scans, blood testing, and more. Its membership model offered comprehensive health assessments, personalized care plans, and 24/7 access to care through its mobile app
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About Forward
Industries
Biotechnology
Healthcare
Company Size
201-500
Company Stage
Late Stage VC
Total Funding
$316.1M
Headquarters
San Francisco, California
Founded
2016
There are no jobs for Forward right now.
Find jobs on Simplify and start your career today