Hazel Health (Hazel), the national leader in school-based telehealth, has expanded to 14 states, reaching nearly 2.5 million students in more than 3,000 schools. This expansion means that more than 10 percent of K-12 students in the states where Hazel currently operates now have access to physical and mental health care at school and at home.
A partnership with Children's Memorial Hermann, Memorial Hermann Health System's pediatric network across the Greater Houston area, was announced last week, along with a strategic investment from Memorial Hermann Health System. More than 20 new school districts across the U.S. have also become partners in recent months, including in Nevada, Florida, Washington state, Georgia, and Hawai'i. The collaboration with the Hawai'i Department of Education represents the first ever statewide student coverage partnership for mental health services, while the expansion in Clark County School District covers 80 percent of students in the state of Nevada.
Hazel also announced today the closure of a $51.5M Series C1 funding round with participation from Tao Capital Partners, Owl Ventures, Firework Ventures, Memorial Hermann, and Carrie Walton Penner through Fiore Ventures, among others. They join Hazel's existing investors Bain Capital Ventures, Centene Corporation, HLM Venture Partners, HopeLab, Uprising, California Healthcare Foundation (CHCF), and UCSF Foundation Investment Company. The new funding will support Hazel's rapid expansion and allow for continued product innovation to address the needs of a strained pediatric healthcare system.
"We have been fortunate throughout our history to have an exceptional group of investors that are equally passionate about our mission of ensuring that all students have access to healthcare," said Josh Golomb, CEO of Hazel. "They supported us to build a new model of care with the knowledge that while it would be challenging, our work would be groundbreaking if successful. We are thrilled to add new partners into the Hazel community, which now includes some of the most respected health plans, health systems, and academic institutions. This funding will enable Hazel to support our many new district partners, expand the care we provide for students, and invest in more technology and infrastructure to deepen our impact. Most importantly, it will enable us to continue to build a world class team of clinicians, educators, technologists, case managers, and other professionals who help us ensure students get the care they need every day."
A Vision for Children's Health Equity
Founded in 2015 by an educator, doctor, engineer, and technology entrepreneur in a rural community in California, Hazel Health began building partnerships with local schools and strove to provide pediatric physical health care to all families. Their mission was to ensure that all children, regardless of family income, geography, race, ethnicity, insurance or immigration status, had access to high quality health care so they could feel their best and ready to learn. Today, the cost of Hazel services are covered by a combination of insurance reimbursement, fees paid by partnering school districts and several federal initiatives which can be used by school districts to fund programs supporting students' physical and mental health.