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Spring Health

Spring Health

Private
New York City, New YorkHealthcare & Life Scienceshttps://www.springhealth.com/

Last Round

Series E

Jul 31, 2024

Est. Valuation

$3.3B

Total Funding Raised

$465.1M

Momentum

Top 5%

of companies Caplight tracks

Company Overview

Spring Health is a digital healthcare company that offers a personalized mental healthcare platform aimed at enhancing employee well-being through tailored care plans based on individual assessments and machine-learning technology.

Sector

Healthcare & Life Sciences

Verticals

Mental Health, Telemedicine, HR, Precision Medicine, Healthcare Analytics

Business Model

B2B2C

Customer Profile

Subscription SaaS, Usage-Based SaaS

AI Layer

Application

Keywords

mental health platformprecision mental healthcareemployee mental healthbehavioral healthtelemedicinedigital healthper-employee-per-monthPEPMcare matchingB2B2Cmental health benefitsAI mental healthclinical outcomestelehealthhealth techvalue-based care

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Spring Health Comparables

Compare Spring Health with similar companies based on industry and business-model similarity.

Spring Health comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Lyra Health
92%
Modern Health
88%
Talkspace
81%

Spring Health Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series EJul 31, 2024
Series DApr 12, 2023
Series CSep 16, 2021
Series BNov 18, 2020
Series AJan 27, 2020
Seed
Jul 12, 2018

Key People

Founding team and executive leadership

April Koh

Co-Founder & CEO

Founding Team

Swaroopa Penikelapati

Chief Technology Officer

Executive Team

Debbie Markowitz

Chief Financial Officer

Executive Team

Arielle Mortimer

Chief Operating Officer

Executive Team

Spring Health Investors

Notable investors and investment history

Spring Health investors
InvestorRounds
Work-BenchSeries A, Series C, Series B, Seed
The William K. Warren FoundationSeries C, Series A, Series E, Seed, Series B
Generation P AsiaSeries E
BBG VenturesSeed
Able PartnersSeries C, Series B, Series A
Equinox VenturesSeries A
GingerBread CapitalSeries B

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jun 8, 2026

    Instacart disclosed as a new client.

  • Jun 8, 2026

    Now serves over 800 companies.

Spring Health Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Spring Health Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Spring Health's valuation, stock price, and market status.

Firmographic Details

HeadquartersNew York City, New York
Employee Range2,899
Year Founded2016
Last FundingJul 31, 2024

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