Forus Valuation, Funding & Investors

Forus is valued at $3B as of September 2026.

See full Forus profile

Last Forus valuation

$3B

Series C · Sep 2026

Last Forus funding round

$150M

Series C · Sep 2026

Cumulative funding Forus raised

$150M

across 1 funding round

Key investors in Forus

  • Accel
  • General Catalyst
  • SV Angel
  • BoxGroup
  • Bain Capital Ventures
  • Redpoint

Forus Overview

About Forus

Forus is an AI-driven medication access platform that links physicians, pharmacies, payers, and biopharmaceutical firms while automating steps such as prior authorizations, verifications, and routing.


Founded

2023

HQ

United StatesNew York City, NY

Website

forus.com

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

Valuation

$3B (Sep 2026)

Forus Valuation

Forus is currently valued at $3B, based on its Series C in September 2026.

The $150M round was led by Bain Capital Ventures, with participation from General Catalyst, Redpoint, SV Angel, Pear VC, BoxGroup and 3 other investors.

Forus valuation by funding round

Forus valuation by funding round
DateStageValuation
Sep 2026Series C$3B

Forus Funding History

Forus has raised a total of $150M across 1 funding round.

Forus funding rounds

Forus funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Sep 2026Series CBain Capital Ventures (lead); General Catalyst; Redpoint; SV Angel; Pear VC; BoxGroup; Vast Ventures; Thrive Capital; Accel$150M$3BForus raised $150 million in Series C financing at a $3 billion valuation, with Bain Capital Ventures leading the round and existing institutional investors including Thrive Capital, General Catalyst, Accel, Redpoint, BoxGroup, Pear VC, Avra, Human Capital, Neo, Vast Ventures, and SV Angel participating. The new capital will support expansion across specialties and care settings, further development of its AI agents, and team growth as it builds an AI network for medicine that connects doctors, pharmacies, payers, and biopharma. Forus has now raised more than $300 million in total funding. Forus, formerly Tandem, is a New York-based healthcare AI company founded in 2023 by Sahir Jaggi. The platform works with nine of the world's 15 largest biopharmaceutical companies.

Who has invested in Forus?

9 investors have backed Forus across its funding rounds, including Accel, General Catalyst, SV Angel, BoxGroup, Bain Capital Ventures and Redpoint.

Lead investors include Bain Capital Ventures.


Forus Investors

Investors in Forus by funding rounds participated
InvestorHQRoundsRoleFirst check
General CatalystUnited StatesSan Francisco, CA1ParticipantSep 2026
RedpointUnited StatesSan Francisco, CA1ParticipantSep 2026
SV AngelUnited StatesSan Francisco, CA1ParticipantSep 2026
Pear VCUnited StatesSan Francisco, CA1ParticipantSep 2026
BoxGroupUnited StatesNew York City, NY1ParticipantSep 2026
Vast VenturesUnited StatesNew York City, NY1ParticipantSep 2026
Bain Capital VenturesUnited StatesSan Francisco, CA1LeadSep 2026

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Forus Competitors

Forus competitors include listed companies like Shenzhen Intellifusion, SoundHound, SenseTime Group and UiPath, and private ones like Astromech and Legora.

Public and private companies comparable to Forus
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Shenzhen IntellifusionChinaChinaPublicly listed$200M($3M)$3.1B14.6x
SoundHoundUnited StatesUnited StatesPublicly listed$169M$19M$2.7B11.3x
AstromechUnited StatesUnited StatesPrivate--$3.8B-
LegoraSwedenStockholmPrivate$100M-$5.6B56.0x
SenseTime GroupChinaChinaPublicly listed$748M($70M)$6.2B5.8x
UiPathRomaniaRomaniaPublicly listed$1.6B$70M$7.2B3.5x

Forus Public Comps

Forus is still privately-owned, but its public comps include Liftoff Mobile, Shenzhen Intellifusion, Infleqtion, Fermi, SoundHound, Intsig Information, CorVel, Ncino, XtalPi and Haizhi.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Liftoff Mobile$686M$203M5.9x-20.0x-
Shenzhen Intellifusion$200M($3M)14.3x14.6x(952.5x)(1086.5x)
Infleqtion$29M($52M)92.3x64.5x(50.9x)(60.0x)
Fermi-($490M)-281.8x(7.5x)(63.2x)
SoundHound$169M$19M14.6x11.3x132.5x(35.5x)
Intsig Information$270M$83M7.8x6.6x25.2x23.6x
CorVel$959M$175M3.5x-19.1x-
Ncino$595M$65M4.3x4.0x39.0x15.8x

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Common questions about Forus

When was Forus founded?Forus was founded in 2023.
Where is Forus headquartered?Forus is headquartered in New York City, NY, United States.
Is Forus publicly listed?No, Forus is a private, VC-backed company.
What is Forus' valuation?Forus was last valued at $3B in its Series C in September 2026.
How much funding has Forus raised?Forus has raised $150M across 1 funding round.
What was Forus' last funding round?Forus' last funding round was a $150M Series C in September 2026, led by Bain Capital Ventures.
Who are Forus' investors?Forus' investors include General Catalyst, Redpoint, SV Angel, Pear VC, BoxGroup, Vast Ventures, Bain Capital Ventures, Thrive Capital and Accel.
Which companies are comparable to Forus?Companies comparable to Forus include Shenzhen Intellifusion, SoundHound, Astromech, Legora, SenseTime Group and UiPath.

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