Roshal Health, a Katy-based provider of ultrasound and echocardiogram services for health care facilities, has secured $10 million in structured equity financing.

New York City-based investment firm Catalio Capital Management led the financing, with participation from Austin-based investment firm Green Street Impact Partners.

“This is an important next step in our journey and will further bolster our ability to meet customer care delivery targets with cost-efficient and high-quality diagnostic services,” Michael Hall, CEO of Roshal Health, says in a news release.

Roshal Health provides on-site and on-demand ultrasound and echocardiogram services to ERs, micro-hospitals, rural hospitals, and offsite health care facilities. The company, founded in 2005, employs more than 300 people.

John Henry Iucker, general partner and head of credit at Catalio, says the Roshal Health financing deal “demonstrates alternative financing models as an attractive solution for dynamic and fast-growing companies in a challenging fundraising environment.”

Health care professionals use ultrasound to evaluate, diagnose, and treat medical conditions. For example, a doctor might order an ultrasound to find out whether a lump in someone’s breast is cancerous. Or an obstetrician-gynecologist might order an ultrasound to monitor the health of a fetus.

Meanwhile, health care providers most commonly use electrocardiograms, which are ultrasound procedures, to capture images of a patient’s heart and heart valves.