HBox gains seed funds worth $700,000

Healthtech startup HBox.ai gained $700,000 in a seed fund round led by Arali Ventures.

Healthtech startup HBox.ai gained $700,000 in a seed fund round led by Arali Ventures. The funds will be used to further penetrate the market and develop its product stack. Headquartered in Boston, the USA, the startup supercharges the clinics’ revenue through combined usage of hardware, software and patient engagement services. 

Founded by Banu Prasad Dhanakoti (CEO) and Mohammed Ali (CRO) in 2020 but launched in 2021, HBox helps care providers proactively provide services to patients. It is a virtual care solution that strives to be proactive and continuous in its nature of giving care. HBox plans to move past Telehealth and become true Virtual Care.

The venture has a ‘Virtual-First’ care platform that enables virtual care to patients by having an innovative partnership-based business model. They offer to add new revenue streams with no upfront cost. They provide Digital Red-Carpet, Care Portal, Virtual care Kit and Cloud Platform. Their 3 offerings are - Remote Care Transition Care and Continuum Care.

The startup is present in 8 states of the USA. They have a patient base of 200,000 Medicare patients. The startup is experiencing a CAGR of 30% month-on-month. They are also present in Virginia and Michigan.

Tags : #HBox #BanuPrasadDhanakoti #MohammedAli #virtualcare #funding #fundingalert #smitakumar #medicircle

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