Fierce Healthcare July 31, 2024
Mental health continues to be red-hot with investors with startups in the behavioral health space picking up sizeable funding rounds.
Spring Health, which offers digital mental health care and navigation services, pocketed $100 million in series E funding, bumping the company’s valuation to $3.3 billion. That’s up 32% from the company’s $2.5 billion valuation just 15 months ago when it secured its series D round.
Al Gore’s Generation Investment Management led Spring Health’s series E round with backing from existing investors, including Kinnevik, William K Warren Foundation, RRE and Northzone.
The fresh capital comes on the heels of raising $71 million in April 2023. The company also closed a $190 million series C funding round in September 2021. In total,...
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