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…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.