Tom Hawes
Partner at Sandbox Industries
Austin, Texas
Overview
Work Experience
Board Member
2024 - Current
Solving Prior Authorization on Both Sides of the Fax Machine: Humata is revolutionizing Prior Authorization and Utilization Management with cutting-edge AI and automation. Our commitment is to deliver a seamless, efficient, and automated workflow for healthcare providers and payers.
Humata Health is an AI-enabled deep clinical integration that creates prior authorizations for payers and providers using AI and automation.
Raised $25,000,000.00 from Optum Ventures, Highmark Ventures, The Blue Venture Fund, LRVHealth, VentureForGood and .406 Ventures.
Partner
2008
Sandbox Industries invests in emerging companies in the Healthcare and Insurance. We leverage an innovative venture capital platform to facilitate collaborations and business relationships with our strategic partners, investors, and innovative companies.
Sandbox bridges the gap between startups and corporations in three ways: strategic venture funds, accelerators, and consulting services.
Managing Director
2008
The Blue Venture Fund is a unique collaboration between BCBS companies, BCBSA, and Sandbox. Sandbox is an independent company that provides healthcare-related investment management exclusively for the Blue Venture Fund. 36 BCBS entities have committed nearly $900 million across four Blue Venture Funds.
Board Member
2023
First Dollar builds flexible infrastructure for health spending benefits. Innovative organizations — from TPAs to banks — use First Dollar's software and APIs to launch new offerings and manage their health spending benefits.
First Dollar is a financial technology company that builds healthcare benefits for individuals and employers.
Raised $19,000,000.00 from Meridian Street Capital, Fay Rotenberg, Next Coast Ventures, Sean Joyce, Brian Gambs, Jonathan Bush, Nick Soman, Marc Weiser, Julia Taylor Cheek and The Blue Venture Fund.
Board Member
2018
Octave Bioscience enables better care for patients with multiple sclerosis (MS) via its proprietary biomarker testing, advanced imaging, and population health platform to drive informed decisions about therapy which leads to more predictable outcomes and costs.
Co-Founding Team and Board Member
2017
Caring for the physical, behavioral and social wellbeing of the neediest members of health plan clients by providing care in the home and leveraging telemedicine.
Board Advisor / Investor
2020
Onc.AI is developing a precision oncology care management solution.
Onc.AI is a software that specializes in clinical oncology, genomics, proteomics, and radiomics.
Raised $33,000,000.00 from National Cancer Institute.
Board Member
2020 - 2024
Precision guided behavioral health. A better way to measure, track and improve behavioral health progress. Acquired by NeuroFlow in June 2024
Board Member
2016 - 2022
Promotes high quality cost-effective cancer care. The company was acquired by McKesson and Arsenal Partners in May 2022.
OncoHealth is a digital health company that focuses on navigating the physical, mental, and financial complexities of cancer care.
Raised $56,500,000.00 from McKesson and Arsenal Capital Partners.
Board Member / Observer
2017 - 2021
Healthify provides a platform that enables better management of the social determinants of health for vulnerable populations. The platform helps healthcare and government organizations search for community services, track referrals, and coordinate with community partners. Wellsky acquired Healthify in August 2021.