Technology-equipped healthcare membership service Forward Health has raised $225m from investors including SoftBank Vision Fund 2 at a valuation exceeding $1bn.

Internet and telecommunications group SoftBank’s Vision Fund 2 took part in a $225m series D round for US-based, technology-enhanced healthcare provider Forward Health yesterday.

The round valued the company above $1bn according to Reuters and it also featured venture capital firms Founders Fund and Khosla Ventures in addition to private investors Marc Benioff and The Weeknd.

Forward runs a membership-based healthcare service that utilises technology and data to support care decisions and help patients avoid conditions such as cancer or…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.