Healthtech start-up Forward Health rebrands to Pando Health after $5m investment

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by David Prior

Healthtech start-up Forward Health has rebranded after a $5m (£3.8m) investment from Australian venture capital firm Skip Capital.

Forward, which provides free technology for secure communication between NHS staff in more than 200 hospitals, has rebranded to Pando Health after the investment from the billion-dollar fund led by Atlassian co-founder Scott Farquhar and his wife, Kim Jackson.

Existing investors Stride.VC and Albion Capital also took part in the round.

Pando, which has now raised $8.9m to date after a seed funding round in October 2018, will use the cash to accelerate its international expansion plans and increase its headcount to 35.

It's also planned launches in India, Canada and Australia in the first quarter of this year.

Co-founder Barney Gilbert said: “Forward was perfect for the start of our journey, but as we look ahead and scale internationally we need a unique name that reflects our broader ambition."

Jackson added: “Pando combines everything we look for in a company; passionate founders solving a fundamental, global problem with a positive impact.

“From our first meeting, I could tell the team was fiercely committed to making a difference, and we are excited to join the journey. Their success across the NHS shows how overdue a revolution in health and social care communication truly is and we’re looking forward to supporting them as they scale their impact internationally.”