Behavioral Health Business July 31, 2024
New York City-based digital mental health provider Spring Health has secured $100 million in funding on a $3.3 billion valuation, the company said Wednesday.
This comes on the heels of another eye-popping funding round. The company raised a $71 million Series D round (on a $2.5 billion valuation) in April 2023. Wednesday’s $100 million Series E round brings Spring Health’s estimated funding total to $466.5 million, according to crunchbase.com.
The cash infusion will go to developing more robust services and programs, Sean Bell, general manager for Spring Health, told Behavioral Health Business. Examples include Spring Health’s recently revealed Community Care Solution, which helps address employees’ social determinants of health and its teen-specific programming.
The London-based sustainability-minded investment firm Generation Investment...
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