Forus Raises $160M Series C

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

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

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

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