Story by Katie Adams, MedCity News
Hazel Health, a company that provides school-based telehealth, has closed a $51.5 million Series C1 funding round. The company also announced it has deployed its services in more than 3,000 schools across 14 states.
Throughout the U.S., many children live without their health needs being met. In fact, more than half of American children are not connected to any type of team-based healthcare delivery model, according to the Kaiser Family Foundation. And research shows that just 39% of schools have a full-time nurse that students can come to.
San Francisco-based Hazel Health has been focused on addressing this problem since it was founded in 2015. It has come a long way in seven years — on Thursday, the company announced it had deployed its telehealth services in more than 3,000 schools. Across the 14 states where Hazel operates, more than 10% of K-12 students now have access to physical and mental healthcare.
The company also announced that it closed a $51.5 million Series C1 funding round with participation from Children’s Memorial Hermann, Tao Capital Partners, Owl Ventures, Firework Ventures and Fiore Ventures. The round brings Hazel’s total funding to date to $112.5 million, according to CEO Josh Golomb.
