MobiHealth News July 31, 2024
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...