Forta, an AI healthcare startup has raised $55 million in a Series A funding round led by Insight Partners, with participation from Exor Ventures, Alumni Ventures, and founders of prominent companies such as 23&Me, Curative, Forward, and Warby Parker.
Forta focuses on improving access to quality care by leveraging AI, including large language models (LLMs), to empower caregivers and enhance clinical care. The company’s initial focus is on providing AI-enabled applied behavior analysis (ABA) therapy for autism spectrum disorder (ASD). Forta’s technology has already supported hundreds of children with ASD, with a recent peer-reviewed study demonstrating a 76% improvement in therapy goal achievement compared to traditional approaches.
The funding will be used to expand Forta’s family-powered autism therapy practice, providing AI-enabled ABA therapy, and to further develop its suite of clinical algorithms. The company aims to address healthcare challenges, including increasing wait times for diagnoses and potential shortages of physicians, by utilizing AI to improve care outcomes and accessibility.
Forta has contracts with seven of the top 10 largest US health insurance companies and numerous state government programs.
The Series A funds will also support ongoing research into AI and LLMs to discover breakthrough pathways for enhancing care.
