Forta Raises $55M in Series A Funding

Forta

Forta, a San Francisco, CA-based AI healthcare company improving access to dependable quality care, raised $55M in Series A funding.

The round was led by Insight Partners, with participation from Exor Ventures and Alumni Ventures, as well as founders of 23&Me, Curative, Forward, Flexport, Warby Parker, Prelude Fertility, Harry’s and Allbirds.

The company intends to use the funds to expand its family-powered autism therapy practice to provide AI-enabled applied behavior analysis (ABA) therapy and develop its suite of clinical algorithms, and to continue AI and LLM research to find pathways that improve care outcomes and accessibility.

Led by CEO Ritankar Das, Forta AI healthcare is increasing access to dependable quality care by combining the latest advances in artificial intelligence, such as large language models (LLM), with novel, compassionate care models that are evidence-driven to create improved outcomes for patients. Its autism spectrum disorder (ASD) therapy platform is currently being used in Forta’s family-powered applied behavior analysis (ABA) therapy to help hundreds of children and their families across the country.

Forta has contracted with seven of the top 10 largest US health insurance companies and over two dozen state government programs to bring its technology to clients.

FinSMEs

18/01/2024