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Fortuna Health

169 Madison Ave, Suite 2421, New York, 10016, United States

Overview

Fortuna Health is a consumer-first platform that unifies the fragmented eligibility and renewal processes across Medicaid, CHIP, and Marketplace programs into a single, personalized interface. Its intelligent, multilingual product integrates with trusted data verification sources and pairs automated workflows with live navigators to guide users through applications, recertifications, appeals, and state-required actions. Fortuna partners with health systems, managed care plans, and companies like Cedar and serves payers that collectively cover more than 25 million Medicaid lives. The company reports its technology helps reduce churn by 15% and can help hospitals reduce uncompensated care by up to 53% when embedded into billing experiences. With $18M in Series A funding, Fortuna plans to accelerate investments in AI-powered workflows, expand into new states, and scale infrastructure to meet rising demand from health systems, plans, and government partners. It is also expanding technical and operational partnerships with state and county agencies to improve processing efficiency and compliance as federal reforms add new administrative requirements. Fortuna Health offers a consumer-first platform that screens Medicaid eligibility in under 60 seconds and streamlines enrollment and recertification without requiring interaction with state portals or physical forms. The product supports more than seven languages, enables third-party account connections to prefill applications, allows photo uploads for documents, and sends text and email notifications for urgent actions. Fortuna provides live support from licensed navigators and supplies providers and health plans with analytics and visibility into account statuses and transitions between Medicaid and marketplace plans. The company was founded by healthcare operators with direct Medicaid experience and is led by CEO Nikita Singareddy. Fortuna is partnered with organizations serving thousands of Medicaid members in Minnesota, New York, and Pennsylvania and plans to accelerate state expansion and deepen partnerships with managed care organizations, health systems, and service providers. Fortuna announced a $4 million seed financing to support growth and position its platform as a tool to reduce enrollment churn and downstream costs for plans and providers.

Total raised
$22M
Funding rounds
2
Latest round
Series A
Latest activity
Jul 2025

Industries

  • Health Care
  • Information Technology
  • Navigation
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Recent funding

  1. Series A

    Jul 2025

    $18M

  2. Seed

    Nov 2023

    $4M

Team