- Companies
- Forus
Forus Valuation, Funding & Investors
Forus is valued at $3B as of September 2026.
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
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
Website
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
| Date | Stage | Valuation |
|---|---|---|
| Sep 2026 | Series C | $3B |
Forus Funding History
Forus has raised a total of $150M across 1 funding round.
Forus funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Sep 2026 | Series C | Bain Capital Ventures (lead); General Catalyst; Redpoint; SV Angel; Pear VC; BoxGroup; Vast Ventures; Thrive Capital; Accel | $150M | $3B | Forus 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
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Participant | Sep 2026 | ||
| 1 | Participant | Sep 2026 | ||
| 1 | Participant | Sep 2026 | ||
| 1 | Participant | Sep 2026 | ||
| 1 | Participant | Sep 2026 | ||
| 1 | Participant | Sep 2026 | ||
| 1 | Lead | Sep 2026 | ||
This data is available for Pro users. Sign up to see all 9 Forus investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialForus Competitors
Forus competitors include listed companies like Shenzhen Intellifusion, SoundHound, SenseTime Group and UiPath, and private ones like Astromech and Legora.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $200M | ($3M) | $3.1B | 14.6x | ||
| Publicly listed | $169M | $19M | $2.7B | 11.3x | ||
| Private | - | - | $3.8B | - | ||
| Private | $100M | - | $5.6B | 56.0x | ||
| Publicly listed | $748M | ($70M) | $6.2B | 5.8x | ||
| Publicly listed | $1.6B | $70M | $7.2B | 3.5x |
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 FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $686M | $203M | 5.9x | - | 20.0x | - | |||
| $200M | ($3M) | 14.3x | 14.6x | (952.5x) | (1086.5x) | |||
| $29M | ($52M) | 92.3x | 64.5x | (50.9x) | (60.0x) | |||
| - | ($490M) | - | 281.8x | (7.5x) | (63.2x) | |||
| $169M | $19M | 14.6x | 11.3x | 132.5x | (35.5x) | |||
| $270M | $83M | 7.8x | 6.6x | 25.2x | 23.6x | |||
| $959M | $175M | 3.5x | - | 19.1x | - | |||
| $595M | $65M | 4.3x | 4.0x | 39.0x | 15.8x | |||
This data is available for Pro users. Sign up to see all Forus competitors and their valuation data. Start Free Trial | ||||||||
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. |
See companies similar to Forus
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.




