Spring Health, a NYC-based global mental health solution for employers and health plans, raised $100m in Series E funding round with a valuation of $3.3 billion.
Generation Investment Management led the round with participation from existing investors, including Kinnevik, William K Warren Foundation, RRE and Northzone.
The company intends to use the funds to expand operations and its business reach.
Led by April Koh, co-founder and CEO, Spring Health is A global behavioral health solution proven to change people’s lives and deliver net-positive financial return for organizations. Through its Precision Mental Healthcare, individuals and families connect with personalized interventions and compassionate, culturally-responsive mental health care. Certified by the Validation Institute for demonstrating net savings for customers, Spring Health equips global business leaders with the technology, insights and clinical expertise they need to support the mental health and well-being of their employees.
Today, more than 10 million people worldwide have access to Spring Health via leading employers, health plans and channel partners, including Adobe, Bumble, Delta, General Mills, Highmark Health and Guardian.
