Forus Raises $160M Series C at $1B Valuation

Forus, a New York-based artificial intelligence company, has raised $160 million in a Series C funding round, achieving a valuation of $1 billion.

Investors

The funding round was backed by Thrive, General Catalyst, and Accel.

Forus Use of Funds

Forus intends to use the capital to scale its operations and further enhance its AI-powered software platform.

About Forus

Founded by Sahir Jaggi, Forus is an AI-powered healthcare infrastructure company that connects physicians, pharmacies, payers, and biopharma organizations to streamline patient access to treatments. The platform automates insurance authorization, financial assistance, and medication fulfillment workflows, helping patients start therapies faster and more reliably.

Funding Details

Company Website: https://forus.com

Company: Forus
Raised: $160M
Round: Series C
Funding Date: May 18, 2026
Additional Investors: Thrive, General Catalyst, Accel
Software Category: Healthcare AI
Source: https://www.techbuzz.ai/newsletters/signalpulse-c116-post-fe6fbc81-3b42-4580-a3ad-f2a125862d01