Spring Health Overview
- Year Founded
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2016
- Status
-
Private
- Employees
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2,444
- Latest Deal Type
-
Series E
- Latest Deal Amount
-
$100M
- Investors
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33
Spring Health General Information
Description
Operator of a digital healthcare platform intended to provide personalized mental healthcare for employee well-being. The company's platform uses an assessment and machine-learning technology to understand all of the conditions a person may be experiencing and uses those results to match them to a care plan personalized to their needs, enabling employees to modernize their behavioral health benefits with an effective and comprehensive alternative.
Contact Information
Website
www.springhealth.comCorporate Office
- 60 Madison Avenue
- 2nd floor
- New York, NY 10010
- United States
Corporate Office
- 60 Madison Avenue
- 2nd floor
- New York, NY 10010
- United States
Spring Health Timeline
Spring Health Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 13. Later Stage VC (Series E) | 31-Jul-2024 | $100M | Completed | Generating Revenue | ||
| 12. Secondary Transaction - Private | Completed | Generating Revenue | ||||
| 11. Later Stage VC (Series D) | 12-Apr-2023 | Completed | Generating Revenue | |||
| 10. Later Stage VC (Series C) | 16-Sep-2021 | Completed | Generating Revenue | |||
| 9. Early Stage VC (Series B) | 18-Nov-2020 | Completed | Generating Revenue | |||
| 8. Early Stage VC (Series A) | 02-Jan-2020 | Completed | Generating Revenue | |||
| 7. Accelerator/Incubator | 01-Jul-2019 | Completed | Generating Revenue | |||
| 6. Seed Round | 07-Sep-2018 | Completed | Generating Revenue | |||
| 5. Accelerator/Incubator | 13-Dec-2016 | $15K | Completed | Startup | ||
| 4. Accelerator/Incubator | 13-Sep-2016 | $100K | $15K | Completed | Startup |
Spring Health Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series E | ||||||||
| Series D | ||||||||
| Series C | ||||||||
| Series A2 | ||||||||
| Series A1 | ||||||||
| Seed 4 | ||||||||
| Seed 3 | ||||||||
| Seed 2 | 32,043 | $0.000100 | $0.06 | $0.78 | $0.78 | 1x | $0.78 | 0.07% |
| Seed 1 | 2,400,805 | $0.000100 | $0.06 | $0.69 | $0.69 | 1x | $0.69 | 4.94% |
Spring Health Comparisons
Industry
Financing
Details
Spring Health Competitors (15)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Modern Health | Venture Capital-Backed | San Francisco, CA | ||||
| MindBeacon | Formerly VC-backed | Toronto, Canada | ||||
| Lyra Health | Venture Capital-Backed | Burlingame, CA | ||||
| AbleTo | Formerly VC-backed | New York, NY | ||||
| Omada | Venture Capital-Backed | San Francisco, CA |
Spring Health Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
-
Verticals
Spring Health Patents
Spring Health Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20220036281-A1 | Evaluating medical providers | Inactive | 30-Jul-2020 | ||
| US-20180315495-A1 | Ensuring treatment initiation | Inactive | 28-Apr-2017 | ||
| US-20200143922-A1 | Methods and apparatus for predicting depression treatment outcomes | Pending | 03-Jun-2016 | G16H20/00 |
Spring Health Executive Team (39)
| Name | Title | Board Seat |
|---|---|---|
| April Koh | Co-Founder, Chief Executive Officer & Board Member | |
| Adam Chekroud | Co-Founder, President & Board Member | |
| Debbie Markowitz | Chief Financial Officer | |
| Arielle Mortimer | Chief Operating Officer | |
| Joanna Lord | Chief Marketing Officer |
Spring Health Board Members (8)
| Name | Representing | Role | Since |
|---|---|---|---|
| Adam Chekroud | Spring Health | Co-Founder, President & Board Member | |
| April Koh | Spring Health | Co-Founder, Chief Executive Officer & Board Member | |
| Christian Scherrer | Kinnevik | Board Member | |
| Dipak Golechha | Self | Board Member | |
| Jessica Lin | Work-Bench | Board Observer |
Spring Health Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Spring Health Investors (33)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Generation Investment Management | Growth/Expansion | Minority | ||
| Andreessen Horowitz | Venture Capital | Minority | ||
| Crew Capital | Venture Capital | Minority | ||
| EQUIAM | Asset Manager | Minority | ||
| Guardian Life Insurance Company of America | Corporation | Minority |
Spring Health Acquisitions (2)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Bloom (Clinics/Outpatient Services) | 12-Mar-2024 | Clinics/Outpatient Services | |||
| Weldon | 18-May-2022 | Merger/Acquisition | Information Services (B2C) |
Spring Health Subsidiaries (1)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| Bloom (Clinics/Outpatient Services) | Clinics/Outpatient Services | New York, NY |
Spring Health FAQs
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When was Spring Health founded?
Spring Health was founded in 2016.
-
Who is the founder of Spring Health?
April Koh, Adam Chekroud, and Abhishek Chandra are the founders of Spring Health.
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Who is the CEO of Spring Health?
April Koh is the CEO of Spring Health.
-
Where is Spring Health headquartered?
Spring Health is headquartered in New York, NY.
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What is the size of Spring Health?
Spring Health has 2,444 total employees.
-
What industry is Spring Health in?
Spring Health’s primary industry is Other Healthcare Services.
-
Is Spring Health a private or public company?
Spring Health is a Private company.
-
What is the current valuation of Spring Health?
The current valuation of Spring Health is .
-
What is Spring Health’s current revenue?
The current revenue for Spring Health is .
-
How much funding has Spring Health raised over time?
Spring Health has raised $467M.
-
Who are Spring Health’s investors?
Generation Investment Management, Andreessen Horowitz, Crew Capital, EQUIAM, and Guardian Life Insurance Company of America are 5 of 33 investors who have invested in Spring Health.
-
Who are Spring Health’s competitors?
Modern Health, MindBeacon, Lyra Health, AbleTo, and Omada are some of the 15 competitors of Spring Health.
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