Funds to be deployed will increase market penetration and build product stack
HBox, a startup building ‘Virtual-First’ care platform, enabling primary to specialty clinics in the US to provide virtual care to its patient base has raised USD 700K in seed funding round led by Arali Ventures; a seed stage venture capital company focused on investing in disruptive enterprise tech startups. The US based healthtech startup will deploy the funds to increase its market penetration and build out its product stack.
Arun Raghavan, Founding Partner, Arali Ventures said, “The pandemic has been a big shot in the arm for digitisation in the healthcare market. HBox, with its deep domain understanding of healthcare industry, unique GTM model and superior technology stack is very well positioned to become the platform of choice to the fragmented primary and specialised care markets. HBox is the perfect example of a company democratising technology usage to disrupt a traditional industry.”
Banu Prasad Dhanakoti, Co-founder and CEO, HBox said, “Adoption of technology in healthcare is starting to disrupt the traditional care delivery models in the overall $3T US healthcare industry. We, at HBox, are at the forefront of this disruption and are building a virtual first care network and platform by reimagining care delivery using technology and innovative partnership-based business model with existing care providers.”