Forus - About the company
Forus is a series C company based in New York City (United States), founded in 2023 by Sahir Jaggi and Aditya N.. It operates as a Developer of software automating prescription prior authorization and medication access. Forus has raised $310M in funding from Bain Capital Ventures, with a current valuation of $3B. The company has 99 active competitors, including 18 funded and 5 that have exited. Its top competitors include companies like SamaCare, Humata and Cohere Health.
Sectors and market segments that Forus operate in
Forus serves in the HealthTech market segments.The primary business model of Forus is:Company Details
Developer of software automating prescription prior authorization and medication access. This platform integrates with electronic health record systems to manage the submission of authorization forms, appeal letters, and enrollment documents. It facilitates communication between healthcare providers, insurance plans, and pharmacies to verify benefits and track the status of medication requests. The system generates documentation for financial assistance programs and provides visibility into the approval process for prescribed therapies.
- Website
- forus.com
- Social
- Email ID
- *****@forus.com
Key Metrics
Founded Year
2023
Location
New York City, United States
Stage
Series C
Total Funding
$310M in 2 rounds
Latest Funding Round
Post Money Valuation
$3B as on Sep 08, 2026
Investors
Ranked
8th among 99 active competitors
Employee Count
224 as on Aug 31, 2026
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Forus's funding and investors
Forus has raised a total funding of $310M over 2 rounds. Its first funding round was on May 13, 2026. Its latest funding round was a Series C round on Sep 08, 2026 for $150M. 9 investors participated in its latest round. Forus has 9 institutional investors.
Here is the list of recent funding rounds of Forus:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 08, 2026 | $150M | Series C | - | - | ||
May 13, 2026 | $160M | Series B | - | - | - |
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Forus' founders and board of directors
Founder? Claim ProfileHere are the details of Forus' key team members:
- Sahir Jaggi: Founder & CEO of Forus. Contact Info: 1 email address
- Aditya N.: Workflow Operations/Product Ownership of Forus.
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Forus' employee count trend
Forus has 224 employees as of Aug 26. Here is Forus's employee count trend over the years:
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Forus's Competitors and alternates
Top competitors of Forus include SamaCare, Humata and Cohere Health. Here is the list of Top 10 competitors of Forus, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | SamaCare 2010, San Francisco (United States), Series B | Provider of platform to manage prior authorisation solutions | $34.8M | 65/100 | |
2nd |  Humata 2023, Winter Park (United States), Acquired | Platform offering prior authorization processes through AI and automation | $25M | 63/100 | |
3rd |  Cohere Health 2019, Boston (United States), Series C | Provider of prior authorization solutions to improve patient care | $200M | 63/100 | |
4th |  OncoHealth 2009, Atlanta (United States), Acquired | Online platform providing health solutions for providers and patients involved in cancer care. | $56.5M | 58/100 | |
5th |  Arrive Health 2013, Denver (United States), Series B | Provider of information services to patients | $62.5M | 57/100 | |
6th | Silna Health 2023, New York City (United States), Series A | Provider of healthcare company specializing in automating benefits and prior authorization processes for providers | $27M | 53/100 | |
7th |  Basys.ai 2022, Cambridge (United States), Seed | Provider of SaaS-based platform for clinical decision-making for doctors at hospitals | $2.4M | 50/100 | |
8th | Forus 2023, New York City (United States), Series C | Developer of software automating prescription prior authorization and medication access | $310M | 46/100 | |
9th |  Rhyme 2014, New Albany (United States), Series C | Developer of automated software for processing medical prior authorization requests | $57M | 44/100 | |
10th | Glidian 2016, Palo Alto (United States), Acquired | Streamlining prior authorizations for healthcare providers through technology and expert support | - | 42/100 |
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Forus's Investments and acquisitions
Forus has made no investments or acquisitions yet.
Reports related to Forus
Here is the latest report on Forus's sector:
News related to Forus
Media has covered Forus for a total of 2 events in the last 1 year.
•
Forus Raises $150M at $3B Valuation to Streamline Healthcare ProcessesCryptocurrency•Sep 08, 2026•Forus, Bain Capital Ventures, Bain Capital, Thrive Capital and 1 other
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FAQs about Forus
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