Hamilton Health Box Secures $10 Million Funding for Rural Health Expansion

Hamilton Health Box (HHB), a Texas-based healthcare company, has recently completed a $10 million Series A funding round. The funding was led by 1588 Ventures and included contributions from notable organizations such as Memorial Hermann Health System, Impact Ventures by Johnson & Johnson Foundation, Texas Medical Center Venture Fund, and the Sullivan Brothers.

The funding aims to advance HHB’s expansion into rural American markets, particularly focusing on regions designated as Health Professional Shortage Areas (HPSAs), where 98 million Americans reside. Founded in 2019, HHB operates from the TMC Innovation Factory in Houston, Texas.

HHB has developed a "small footprint" primary care delivery model intended for a variety of settings, including rural markets. This model leverages both in-person and telemedicine approaches to provide accessible, affordable primary care. HHB plans to use the new funds to further establish their presence in rural areas through the creation of cost-effective, prefabricated microclinics. These facilities are designed to offer essential primary care and are developed in consultation with Federally Qualified Health Centers (FQHCs).

Vault Advisors and legal firm Michael Best & Friedrich LLP were advisors to HHB during this funding round, ensuring a smooth financial and legal process. This step represents a significant expansion of HHB's mission to provide high-quality health services to underserved communities in America.