MobiHealth News July 31, 2024
Jessica Hagen

The funding announcement comes just one year after the company secured a $71 million investment.

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 and health plans to connect individuals with virtual mental health services.

Members take an assessment that screens for 12 conditions and then receive a list of mental health providers to undergo a clinical evaluation. They then receive a comprehensive care plan with personalized recommendations from their care provider and...

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Topics: AI (Artificial Intelligence), Digital Health, Investments, Mental Health, Provider, Technology, Trends
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