Fortuna Health, a NYC-based supplier of a shopper Medicaid navigation platform, raised $18M in Collection A funding.
The spherical was led by returning traders Andreessen Horowitz with participation from Y Combinator and founders and executives from Abridge, DoorDash, Hex, One Medical, Oscar Well being, Scale, and Vanta.
The corporate intends to make use of the funds to additional spend money on AI and automation, constructing options to answer new federal insurance policies like work necessities.
Led by CEO Nikita Singareddy, Fortuna Well being gives a consumer-first platform for navigating Medicaid and authorities protection.
Its clever, multilingual platform integrates with information verification sources and pairs with dwell navigators that help shoppers each step of the best way.
Fortuna’s expertise helps cut back churn by 15%, retaining extra individuals constantly coated.
The corporate companions with well being methods and managed care plans to supply a brand new expertise that guides sufferers and members by means of these Medicaid enrollment and recertification processes.
FinSMEs
21/07/2025
