Fortuna Health Raises 18 Million To Fix Medicaid Access

When Nikita Singareddy first described Fortuna Health as the “TurboTax for Medicaid,” the reaction was always the same: why doesn’t this already exist? The platform was built to help people navigate the maze of government health coverage which seemed so obvious, she said, that most people assumed the problem had already been solved.

It hadn’t. And that gap has now fueled an $18 million Series A funding round led by Andreessen Horowitz, with participation from Y Combinator and a roster of healthcare veterans from companies including One Medical, Oscar Health, Abridge, DoorDash, Hex, and Vanta. The funding will help Fortuna expand to more states, scale its infrastructure, and double down on AI-powered automation as federal policy changes put millions of people at risk of losing Medicaid coverage.

“We started about two and a half years ago,” Singareddy said. “We wanted to solve a big, meaningful problem in healthcare but specifically a tech problem. There are many issues in healthcare, but this was one where consumer-grade technology could make a real difference.”

Fortuna’s platform offers a modern, multilingual interface that helps patients complete Medicaid applications, manage recertifications, and avoid coverage disruptions. That’s no small task. The U.S. has 56 different Medicaid programs across states and territories, each with its own eligibility rules, renewal timelines, and documentation requirements. Fortuna’s software unifies those variations into a single experience that supports consumers from end to end integrating with verification databases, processing submissions via fax, snail mail, or digital portals, and looping in human navigators when needed.