TurboTax for Medicaid
Fortuna Health is redefining the consumer experience for Medicaid. We’re helping millions navigate Medicaid end-to-end from eligibility and enrollment to renewing coverage. We're backed by a16z, BoxGroup, YC, and top healthcare angels.
Our product is TurboTax for Medicaid. Today, ~90M Medicaid consumers navigate glitchy websites and long paper forms. The experience is so poor that procedural reasons (e.g., form errors, missing a notice in the mail) account for a staggering 75% of dis-enrollments. We believe this can only be solved with a modern and simple UX that is fundamentally consumer-centric.
The problem at the consumer level produces huge downstream consequences: There's over $50B of administrative waste and lost revenue suffered by Medicaid health plans, providers, and states. By making products that consumers want to use, we unlock immense value for these players. Our vision is to become the consumer-facing digital infrastructure that powers the $800B+ Medicaid ecosystem.
We each have multiple years of experience in healthtech — Nikita started her career at Oscar and built pharmacy solutions at Truepill (YC S17), Cydney helped scale Halo Dx from seed to series C on the ops side, and Ben was the first engineer at Juniper (YC W21) where he helped scale the engineering team to 12. We have all had direct experience with Medicaid throughout our careers and have seen firsthand the challenges that affect the population.
We started Fortuna because we care about impact — the abysmal state of the Medicaid consumer journey means that the most underserved people in America can't access the benefits that they need and are entitled to. We believe this is a once in a lifetime opportunity to dramatically improve the human condition for 90M people, and we need the help of high-throughput, growth-minded builders to make it happen.