What is Spring Health?
Spring Health operates as a sophisticated digital healthcare platform designed to bridge the gap in mental health accessibility. By integrating clinical care with advanced analytics, the company provides a precision-based model that matches individuals with tailored support, including therapy, psychiatric care, and digital coaching. Its market position is defined by its ability to deliver measurable clinical outcomes, effectively moving beyond traditional service models to offer a comprehensive, data-validated approach to employee and member well-being.
How much funding has Spring Health raised?
Spring Health has raised a total of $465M across 6 funding rounds:
Angel/Seed
$6M
Series A
$22M
Series B
$76M
Series C
$190M
Unspecified
$71M
Series E
$100M
Angel/Seed (2018): $6M, investors not publicly disclosed
Series A (2020): $22M led by Northzone, Equinox Ventures, and Able Partners
Series B (2020): $76M supported by Operator Partners, Work-Bench, Breanna Stewart, The William K. Warren Foundation, True Capital, SemperVirens, Tiger Global, Northzone, Kyle Lowry, Gingerbread Capital, Able Partners, and Rethink Impact
Series C (2021): $190M featuring Tiger Global, Northzone, and Kinnevik
Unspecified (2023): $71M, investors not publicly disclosed
Series E (2024): $100M with participation from Northzone, Generation Investment Management, and Kinnevik
Key Investors in Spring Health
Northzone
A multi-stage venture capital firm with a global footprint, Northzone leverages decades of experience in disruptive technology to support category-defining companies.
Generation Investment Management
An independent, owner-managed partnership focused on long-term sustainable investing and deep integration of environmental and social research.
Kinnevik
An industry-focused investment firm that partners with founders to build digital consumer businesses that provide significant social and shareholder value.
What's next for Spring Health?
With the successful completion of its latest funding round, Spring Health is well-positioned to accelerate its product roadmap and expand its footprint within the enterprise healthcare market. The company is expected to leverage this capital to enhance its proprietary matching algorithms and deepen its integration with large-scale health plans. As the demand for accessible, high-quality mental health support continues to rise, Spring Health remains focused on scaling its infrastructure to meet the complex needs of global organizations while maintaining its commitment to clinical excellence and personalized care delivery.
See full Spring Health company page
