Spring Health, founded in 2016 by April Koh and Adam Chekroud, is a comprehensive mental health solution provider for employers and health plans. The company uses precision mental healthcare, combining assessments, machine learning, and a diverse provider network to personalize treatment plans, including therapy, coaching, meditation, and medication.
Covering over 5 million lives and partnering with 800+ companies, Spring Health has tripled its workforce and expanded to 200+ regions globally. A peer-reviewed study found nearly 70% of participants improved mental health, productivity, and retention. The company has raised over $370 million from investors like Tiger Global and Northzone, reaching a $2 billion valuation as of April 2023.
Spring Health aims to lead the $20 billion workplace mental health market, driven by its mission-focused co-founders and leadership team. Prospective employees can join a fast-growing organization making a tangible impact on mental healthcare. Challenges include maintaining quality and outcomes while rapidly scaling its personalized model and ensuring a seamless experience across diverse global markets as the company expands internationally.
2016
Founded
1k+
Employees
Series D
Stage
$2.5B
Latest Valuation
$200-400M
Total Funding
Apr 12 2023
Last Fundraise
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