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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.

Recent news

Latest coverage and updates

  • launchesSep 25, 2026

    Spring Care, Inc. launched VERA-MH Harm-From-Others safety rubric on Sep 25th '26.

  • partners_withAug 18, 2026

    Spring Care, Inc. partnered with Alight on Aug 18th '26.

Spring Health Filings

Explore SEC and related filing metadata, where available.

Spring Health filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

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

Is Spring a public or private company?

Spring is a private company.

What is the current stock price of Spring?

Spring is a private company with no public stock price. No recent secondary market data is available.

How much is Spring worth (valuation)?

Spring's valuation is estimated at $3.3B based on funding round data.

Can I buy Spring stock?

Spring shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Spring's last funding round?

Spring's most recent funding round was Series E on July 31, 2024.

Who are the main investors in Spring?

Key investors in Spring include Generation P Asia, Able Partners, Equinox Ventures, Rethink Impact, Generation Investment Management.

Will Spring IPO soon?

No public IPO plans have been announced for Spring.

How can I track Spring secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Spring's secondary market activity and sign up for updates.

Firmographic Details

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

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