The round included participation from Tao Capital Partners, Owl Ventures, Firework Ventures, Children's 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.

Hazel Health (Hazel) 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. Hazel partners with school districts to provide mental and physical health care services to K-12 students where they are-at school or home. Hazel's diverse, culturally competent providers partner with parents and school staff to make the best care decisions for students. Hazel's mission is to transform children's access to health care because when students feel better, they learn better.