[Funding News] Forge Health Secures Growth Investment from MFO Ventures

Forge Health, a leading mental health care provider, announced a strategic growth investment from MFO Ventures. The funding will be used to expand and further optimise Forge Health’s care platform. This entails improving programs like innovative outreach to underprivileged communities, comprehensive service offerings, and integration of virtual care nationally.

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With the expansion of psycho-oncology services, new partnerships with health systems and payers to deliver individualised, whole-person care, and the use of cutting-edge digital tools, this investment further demonstrates Forge Health’s dedication to providing high-quality, affordable healthcare.

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“We are thrilled to partner with MFO Ventures as we continue to revolutionize the behavioral health landscape,” said Eric Frieman, Co-Founder and CEO of Forge Health. “MFO’s extensive provider-focused experience and success in building transformative companies and driving healthcare innovation make them the perfect partner as we optimize our platform and expand our reach. This investment will solidify our position as a market leader and serve as the catalyst for new groundbreaking partnerships.”

In addition to providing the capital needed to support Forge Health’s growth, MFO Ventures’ strategic investment brings together a wealth of knowledge and vision around value-based care. The goal of significantly enhancing behavioural health care will be advanced by Forge’s leadership working together with funding from MFO Ventures and HC9 Ventures as the company expands and innovates.

“We have a heartfelt appreciation for what Forge Health is doing and the transformative potential they hold,” said Jeremy Moskow, Partner at MFO Ventures. “Our partnership with Forge goes much beyond a capital investment. It is about supporting a dedicated and experienced team as they lead the charge in reshaping how behavioral health is perceived and delivered. We are excited to bring our experience to this partnership, accelerating Forge’s growth and enhancing their ability to deliver innovative and effective care.”

MFO Ventures is a single-family office founded in 2022 by Dr. Eric Moskow, Elliot Moskow, and Jeremy Moskow. The investment strategy of the family office is engineered to capitalize on the experience and knowledge gained from the family’s prior successful ventures. MFO Ventures seeks to make majority and minority investments in early-stage or high-growth healthcare services and technology businesses that address the challenges of the U.S. healthcare system.

About Forge Health

Founded in 2016, Forge Health is on a mission to make mental health and substance use care effective, affordable, and accessible. We offer in-person and telehealth treatment options that are personalized, evidence-based, and in-network.