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Forward
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Subscription-based insurance-free preventive healthcare with wearables
Forward
Work Here?
Subscription-based insurance-free preventive healthcare with wearables
Overview
GoForward provides insurance-free healthcare through a subscription model that gives members unlimited access to doctors, continuous health monitoring with wearable devices, and personalized health plans. Its service works by collecting real-time health data via wearables, using data-driven algorithms to generate personalized recommendations and early warnings, and offering ongoing access to care through a unified platform. Unlike many healthcare providers that rely on insurance and episodic care, GoForward charges a predictable monthly fee and emphasizes prevention, continuous monitoring, and proactive management to reduce costs and improve outcomes. The company aims to lower overall healthcare expenses for its clients while improving health outcomes in the U.S. market by replacing traditional insurance-based care with proactive, data-driven, preventive services.
About Forward
Industries
Data & Analytics
Healthcare
Company Size
201-500
Company Stage
Late Stage VC
Total Funding
$325M
Headquarters
San Francisco, California
Founded
2016
Simplify's Take
What believers are saying
- Raised $100M Series E in 2023 to deploy CarePods in major cities.
- Custom LLM integrated latest research for AI-generated care protocols.
- Targeted U.S. market inefficiencies with tech-driven continuous monitoring.
What critics are saying
- Shut down all clinics and app immediately in 2024 after failing to scale.
- Burned $657M with under $100M revenue, causing total insolvency.
- AI-only CarePods repelled patients, leading to zero adoption and layoffs.
What makes Forward unique
- Forward pioneered AI-powered CarePods as staffless doctor's offices in 2023.
- Subscription model offered unlimited doctor access via app and wearables.
- Collected 500 biometric data points for personalized preventive care plans.
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Funding
Total Funding
$325M
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
↓ -1%1 year growth
↓ -1%2 year growth
↓ -2%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
Data & Analytics
Healthcare
Company Size
201-500
Company Stage
Late Stage VC
Total Funding
$325M
Headquarters
San Francisco, California
Founded
2016
There are no jobs for Forward right now.
Find jobs on Simplify and start your career today