Founder, Claims Automation for Veteran Services

Forum's Venture Studio is a leading early-stage fund and program for B2B SaaS startups. Starting a company is demanding, complex, and psychologically challenging. As former founders and early-stage operators, we understand firsthand that Founders need support, honest feedback, and someone who truly cares in their corner.

Our mission is to make the journey easier and more successful for Founders, and we've achieved this by making over 350+ seed investments that have raised $600M+ in follow-on funding. Forum founders have gone on to raise from funds like Andreessen Horowitz, NEA, Uncork Capital, 8VC, Founders Fund, Menlo Ventures, Canaan, Bowery Capital, Susa Ventures, SV Angel, and more.

We are seeking a Founder/CEO to invest in who will lead and grow a pioneering company focused on automating claims processing for veterans’ services, alleviating a critical bottleneck within the VA.

What are we exploring?

The Veterans Benefits Administration is facing a growing challenge in processing disability claims, particularly with the introduction of the PACT Act, which added over 1 million new claims in 2024. Veteran Service Representatives (VSRs) are overwhelmed by the complexity and volume of claims, leading to burnout, high turnover, and delays in processing. The VA processed over 2.2 million claims in 2023, providing $136 billion in benefits, but the system remains bogged down by inefficiencies and outdated processes.

This presents an opportunity to build automation tools that can streamline the claims process. By integrating data from electronic health records and automating claim reviews, we can reduce the manual burden on VSRs and improve decision accuracy. Automating evidence gathering and claim prioritization will allow the VA to process claims faster and with fewer errors, helping veterans receive their benefits more efficiently.

Forum derisks and accelerates the Founder path by:

• A $250K USD investment with you as majority shareholder, and an end-to-end fundraising playbook and network to raise your seed and Series A

• Providing a vetted business idea and business model in a large market

• The support of our experienced operating team - from business design, product development, growth, recruitment, legal and more

• Executing a winning GTM strategy to get you to 50-100K ARR, and the right MVP to ensure early traction

• A community full of mentors, peers, and leaders

• $100K worth of business perks

What you bring:

• A technical or product background with experience in claims processing, government services, public sector automation or a similar field

• A demonstrated commitment to improving public services through technology

• Entrepreneurial experience in early-stage or venture-backed companies

• Ability to navigate complex stakeholder landscapes, particularly in highly regulated environments

• A readiness to lead, validate and grow a company dedicated to meaningful, impactful change in veterans' services

• A desire to be a venture-backed founder

• Ability to collaborate in North American time zones

Please note, this is not an employment opportunity with Forum Ventures.

About Forum Ventures

Forum Ventures® is the leading early-stage fund, program, and community for B2B SaaS startups based in New York, San Francisco, Toronto, and remote. Founded in 2014, we’re on a mission to make the B2B SaaS journey easier, more accessible, and more successful for early-stage founders, through pre-seed and seed-stage funding. We provide high-touch 1:1 support, programming, corporate perks and introductions, and an active SaaS community to support you through every step of your building journey.

Starting a company is demanding, complex, and psychologically challenging. As former founders and early-stage operators, we understand firsthand that Founders need support, honest feedback, and someone who truly cares in their corner. Our mission is to make the journey easier and more successful for Founders, and we've achieved this by making over 350+ investments that have raised $1Bn+ in follow-on funding. Forum founders have gone on to raise from funds like Andreessen Horowitz, NEA, Uncork Capital, 8VC, Founders Fund, Menlo Ventures, Canaan, Bowery Capital, Susa Ventures, SV Angel, and more. 

Last updated on Nov 3, 2024