Spring Health

Numerous people sitting at large desks in a big room
By  Jessica Hagen 12:23 pm July 31, 2024
Spring Health, which offers AI-enabled digital mental healthcare and navigation services, raised $100 million in a Series E funding round, raising its valuation to $3.3 billion. Generation Investment Management led the round, which included participation from existing investors RRE, William K. Warren Foundation, Northzone and Kinnevik. WHAT IT DOES The New York-based company works with employers...
A piggy bank next to a pile of coins and a stethoscope.
By  Jessica Hagen 11:38 am April 14, 2023
Data analytics company Arcadia secures $125 million from strategic investor and financing partner Vista Credit Partners, Vista Equity Partners' credit-lending arm.  The funds will be used to speed up the company's platform development and accelerate its go-to-market strategy.  "Vista Credit Partners is the preferred partner to help us achieve our goals, providing new financing and access to the...
A mom checks a child's temperature before he goes to school
By  Emily Olsen 12:08 pm May 18, 2022
Mental health benefits provider Spring Health is expanding into the family and pediatric space with its acquisition of Weldon. Weldon offers mental wellness guidance to parents through chats with therapists, social workers and parenting coaches as well as group support with other parents and educational content. It includes topics like sleep, tantrums, grief, screen time and overall child...
Two professionals meeting in an office.
By  Emily Olsen 02:29 pm April 25, 2022
Oura, maker of a wearable health-tracking ring, tapped Tom Hale as the company's new CEO. The wearable startup touted Hale's track record of taking companies to an initial public offering. Hale was previously president of SurveyMonkey owner Momentive, which held its IPO in 2018. Oura's previous CEO, Harpreet Singh Rai, announced he was stepping down from his post in December.  "ŌURA answers an...
Businesspeople shaking hands
By  Emily Olsen 01:52 pm April 20, 2022
Handheld ultrasound maker Butterfly Network announced Wednesday it had appointed Heather Getz as executive vice president and chief financial officer. Getz, who takes the reins beginning May 2, worked at remote-monitoring company BioTelemetry for 12 years, including posts as executive vice president and chief financial and administrative officer. The company was acquired by health tech giant...
April Koh, Spring Health CEO and co-founder, and Dr. Adam Chekroud, president and co-founder
By  Emily Olsen 01:12 pm September 16, 2021
Mental health benefits provider Spring Health announced Thursday it had raised $190 million in Series C funding, bringing the company’s valuation to $2 billion. The round was led by Kinnevik with participation from the Guardian Life Insurance Company of America, Tiger Global, Northzone, RRE Ventures, Rethink Impact, Work-Bench, William K Warren Foundation, SemperVirens, Able Partners and True...
By  MobiHealthNews 03:10 pm November 19, 2020
This morning Medable, a digital platform focused on decentralizing clinical trials for the life science industry, announced a whopping $91 million Series C funding. The new round was led by Sapphire Ventures, with participation from GSR Ventures, PPD, Inc and Streamline Ventures. In total the digital health company has raked in $136 million. The Palo Alto, California-based startup has created a...
Spring Health digital wellness platform connects employees to mental healthcare resources
By  Dave Muoio 09:29 am July 12, 2018
Spring Health, a digital wellness platform that connects employees to mental healthcare resources, has scooped up $6 million in seed funding, bringing the company’s total amount raised to $8 million. The round was led by Rethink Impact with additional participation from Work-Bench, BBG Ventures, and The Partnership Fund for New York City, as well as returning investors RRE Ventures and William K...