The news: A year after a $100 million Series E funding haul, tech-focused primary care startup Forward Health is shutting down operations immediately.

Forward launched eight years ago as a subscription service aiming to disrupt the primary care status quo with buzzy technology like biometric full-body scanners and doctorless AI-powered health clinics.

• It invested heavily in tech: Forward‘s $100 million funding haul, a Series E raise in November 2023, was to build and deploy the self-service clinics, called CarePods, in malls, gyms, and offices.
• Forward raised over $650 million overall and was valued at around $1 billion only three years ago.