Hazel Health Raises $51.5M in Series C1 Funding

Hazel Health, a San Francisco, CA-based school-based telehealth company, raised $51.5m in Series C1 funding.

Backers included Tao Capital Partners, Owl Ventures, Firework Ventures, Memorial Hermann, and Carrie Walton Pennerthrough Fiore Ventures, among others. They joined existing investors Bain Capital Ventures, Centene Corporation, HLM Venture Partners, HopeLab, Uprising, California Healthcare Foundation (CHCF), and UCSF Foundation Investment Company.

The company intends to use the funds for continued product innovation and growth.

Led by Josh Golomb, CEO, and Dr. Travis Gayles, Chief Health Officer, Hazel Health is the leader in school-based telehealth, contracted to provide services to nearly two and a half million students in school districts across the country, consistently delivering successful outcomes for access and quality of care. The company partners with school districts to provide mental and physical health care services to K-12 students where they are–at school or home. Its diverse, culturally competent providers partner with parents and school staff to make the best care decisions for students. Hazel has expanded to 14 states, reaching nearly 2.5 million students in more than 3,000 schools.