Thomas C. Hawes, M.D., Mba

Investor and Builder of Healthcare Companies | Physician | Harvard Business School and Kauffman Fellow I am no longer receiving messages via LinkedIn. Please use email or other.

📍 Austin, Texas, United States🔄 Updated September 2026💼 22 investments📅 15 years investing🗓 Last invested Jan 2026𝕏 @upgrade_to_unlock
Angel investor🌍 United States20+ investmentsInvested this year
22
Total investments
3
Early stage
6
Mid stage
4
Late stage
15y
Years active

Portfolio

14 investments · sorted by recency
All investments
Early stage
Mid stage
Late stage
Board Member
Jan 2025
PinkDx is an early-stage company whose vision is to positively impact the health of women throughout their life journey. We focus on addressing the medical problems that women uniquely face by applying sophisticated scientific approaches to resolve them and provide answers that have an immediate, positive impact on their lives. Our first indication will focus on overcoming diagnostic challenges for women who present with general symptoms that could signal a gynecological cancer. Led by a team of diagnostics industry veterans, PinkDx is privately held, with funding from prominent biotechnology investors, including Catalio Capital Management, The Production Board, Mountain Group Partners, Byers Capital and Mayo Clinic.
Board Member
May 2024
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. At Humata, we transcend traditional automation, addressing the complexities of prior authorizations with a powerful blend of AI, automation, and unparalleled payer connectivity. This transformative approach revolutionizes the entire end-to-end experience, setting a new standard for the prior authorization and utilization management process. Humatas mission for providers and payers is to make 90% of PA touchless, enable processing to be completed in <2 minutes when human intervention is required, and bring complete transparency for patients throughout the process.
Board Member
Oct 2023
First Dollar is a technology company that builds flexible infrastructure for health spending benefits. Innovative partners—from TPAs to banks—use First Dollars software and APIs to launch and manage pre-tax accounts, lifestyle benefits, rewards programs, and supplemental benefits. First Dollar is based in Austin, with teammates throughout the United States. For more information, visit www.FirstDollar.com
Board Advisor / Investor
Nov 2020
Oncology, AI, genomics, proteomics, radiomics, ML, diagnostics
Board Member
Sep 2020
Owl gives behavioral health organizations better data, better insights, and better outcomes with its data-driven, evidence-based solutions. Leading organizations, including Main Line Health, Amita Health, Inova Health, Polara Health, and Aurora Mental Health Center, rely on Owl to expand access to care, improve clinical outcomes, and prepare for value-based care. Owl makes measurement-based care easy to engage patients, optimize treatment, improve care, reduce clinician burden, and capture data to optimize business performance. For more information on our transformational behavioral health solutions, visit owl.health. • 90% patient engagement rates • 50% reduction in treatment time with MBC • 48% reduction in no show rate
Board Member
Mar 2020
Perspectums imaging solutions are safe, fast, and can offer more comprehensive diagnostics. We help doctors understand complex data and help deliver precision care to more patients. We believe the voice of the patient matters and that each case is unique. Our goal is to enable health care providers to tailor precision medicine to the needs of the individual.
Board Member
Jun 2019
Verata Health’s Frictionless Prior Authorization® empowers practices, hospitals, and health systems to take control of their prior authorizations. Verata’s technology automatically prepares your prior authorizations, identifies payer rules, retrieves clinical documentation, and obtains payer decisions, so you don’t have to. Supporting both simple and clinically complex prior authorizations, Verata Health provides visibility across your entire prior authorization process, reducing your administrative burden and accelerating patient access. Leverage powerful artificial intelligence and give patients the right care at the right time. Key Features: • Fully automates simple prior authorizations as well as complex prior authorizations requiring clinical documentation support • Automatically retrieves all major national, regional, and state payer requirements for a patient’s ordered test, procedure, or drug, eliminating time-consuming phone calls • Automatically retrieves payer requirements for tests and procedures, eliminating time-consuming phone calls • Seamlessly attaches to your EMR ordering, patient access modules, and clinical documentation • Automatic status checks built-in that alert you to approvals or denials With visibility over all prior authorizations, Verata empowers you to streamline your Revenue Cycle, reduce write-offs, and accelerate patient care.
Board Member / Observer
Jun 2017
Closing the loop on referrals for social services requires more than just technology. Without the infrastructure in place to ensure accountability in the delivery of social services, members fall through the cracks. At Healthify, we build the infrastructure to support end-to-end care coordination across our social service networks. With Healthify’s accountable, social service network, supported by our intuitive referral platform, you can coordinate social services for your members with ease and ensure that they receive the services they need to thrive.
Board Member
Jan 2016
OncoHealth is a leading digital health company dedicated to helping health plans, employers, providers, patients, and researchers navigate the physical, mental and financial complexities of cancer through technology-enabled services and real-world data analytics. Supporting more than 12 million people in the US and Puerto Rico, OncoHealth offers digital solutions for treatment review, real-world evidence, and virtual care across all cancer types. For more information, visit www.oncohealth.us
Board Observer
Aug 2014
In 2022, Lumiatas assets were acquired by Somatus, the nation’s leading and largest value-based kidney care company.
Board Member
Mar 2014
Empowering People to Get Better and Stay Better In 2008, we set out to solve the biggest challenges in behavioral health - how to provide affordable, high-quality mental health care to reduce depression and anxiety, and ultimately help people get better and stay better. 14 years and nearly 2 million patient sessions later, we continue to set the industry bar for the highest standard of care: from the way we train and provide clinical guidance to the 2,000+ providers in our network to ensuring our outcomes are peer-reviewed and validated by the scientific community. Join our mission: We’re excited to announce that AbleTo is now part of Optum, a UnitedHealth Group family of companies. With this new collaboration, you can play a vital role in improving people’s mental health and well-being. We’re hiring compassionate therapists, coaches and professionals for flexible part time and full time roles. If youre in tech and want to solve Americas behavioral health crisis with industry leading innovation, were also looking for full-time data engineers, developers, and other technical roles. Learn more about our award-winning culture and the work we do at www.ableto.com follow AbleTo on LinkedIn and Twitter.
Board Member
Aug 2012
Patientco is a payment technology company headquartered in Atlanta, GA founded specifically to re-think the healthcare payment experience. We bring world-class payment infrastructure together with intuitive consumer payment tools informed by analytics to create a superior billing experience to deliver more payments to Health Systems.
Board Member
Mar 2012
InVivoLink is a rapidly emerging health care technology company based in Nashville, Tn. Our care management platform optimizes care delivery for orthopedic and spine procedures. InVivoLink promotes collaboration between hospitals and physicians by providing episodic data on cost, quality, and performance. InVivoLink’s comprehensive implant registry tracks outcomes and cost data to reduce physician-preference item spend. With enterprise analytics and a patient engagement portal that empowers recovery, InVivoLink has pioneered an evidence-based technology that advances clinical excellence. To learn more, visit invivolink.com.
Board Member
Dec 2011
HeartFlow is a medical technology company transforming the way cardiovascular disease is diagnosed and treated. With our HeartFlow Analysis, a non-invasive personalized cardiac test, physicians are able to make better care decisions for their patients with suspected coronary artery disease--the number one killer of men and women worldwide. HeartFlow is backed by decades of scientific research and development and leverages the latest advancements in technology to help set a new standard of care for diagnosing cardiovascular care worldwide. Cleared for use in the United States, Canada, Europe and Japan and with offices in Redwood City, Austin, London and Japan, HeartFlow’s footprint is growing rapidly. HeartFlow has received more than $240 million dollars in funding in a recent Series E financing round, is pre-IPO and leverages the latest technology including deep learning and computational fluid dynamics. We try to embody the best of both technology and healthcare companies and hire people who are passionate about living our mission to save lives, improve the patient experience and reduce the overall cost of care. For more information, visit www.heartflow.com.
Experience · 23 entries
All (23)
Investments (22)
Board (21)
2026
Board Observer
Jan 2026
We make it easy to access effective mental health care anywhere, anytime. Designed by leading clinical experts, Big Health’s comprehensive mental health solution and app-based treatments expand access to gold standard mental health care. Our offerings are clinically proven to deliver great outcomes, backed by industry-leading research and randomized controlled trials. Our model simplifies access for employers, payers, and patients, which allows us to create an inclusive, scalable, and affordable mental health ecosystem for all. Please note that Big Health will never contact job candidates via text message or any other messaging platform including Telegram. All official correspondence will occur through email. If you have concerns please reach out to careers@bighealth.com.
2025
Board Member
Jan 2025
PinkDx is an early-stage company whose vision is to positively impact the health of women throughout their life journey. We focus on addressing the medical problems that women uniquely face by applying sophisticated scientific approaches to resolve them and provide answers that have an immediate, positive impact on their lives. Our first indication will focus on overcoming diagnostic challenges for women who present with general symptoms that could signal a gynecological cancer. Led by a team of diagnostics industry veterans, PinkDx is privately held, with funding from prominent biotechnology investors, including Catalio Capital Management, The Production Board, Mountain Group Partners, Byers Capital and Mayo Clinic.
2024
Board Member
May 2024
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. At Humata, we transcend traditional automation, addressing the complexities of prior authorizations with a powerful blend of AI, automation, and unparalleled payer connectivity. This transformative approach revolutionizes the entire end-to-end experience, setting a new standard for the prior authorization and utilization management process. Humatas mission for providers and payers is to make 90% of PA touchless, enable processing to be completed in <2 minutes when human intervention is required, and bring complete transparency for patients throughout the process.
2023
Board Member
Oct 2023
First Dollar is a technology company that builds flexible infrastructure for health spending benefits. Innovative partners—from TPAs to banks—use First Dollars software and APIs to launch and manage pre-tax accounts, lifestyle benefits, rewards programs, and supplemental benefits. First Dollar is based in Austin, with teammates throughout the United States. For more information, visit www.FirstDollar.com
2020
Board Advisor / Investor
Nov 2020
Oncology, AI, genomics, proteomics, radiomics, ML, diagnostics
Show all 23 entries ↓
Investment activity
2011–2026 · 22 investments
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