What You Should Know:
– Spring Health, a mental healthcare platform raises $100M in Series E funding round, bringing its valuation to $3.3B. The round was led by Generation Investment Management, with participation from existing investors Kinnevik, William K Warren Foundation, RRE, and Northzone.
– The new funding will enable Spring Health to expand its reach, enhance its technology platform, and deepen its commitment to delivering exceptional mental healthcare. The company plans to invest in growing its care provider network, expanding its global footprint, and further developing its AI-powered technology.
About Spring Health
Spring Health has experienced significant growth since its inception eight years ago, with a focus on providing accessible and effective mental healthcare solutions. The company’s Precision Mental Healthcare approach leverages data analytics to match patients with the most appropriate care providers, resulting in faster and more effective treatment outcomes.
With a growing network of over 10 million members and partnerships with leading employers, Spring Health is at the forefront of transforming mental healthcare. The company’s commitment to quality and innovation has been recognized with numerous awards and accreditations, including being the first and only mental health solution to earn nationwide third-party accreditation.
