MobiHealth News September 16, 2021
Emily Olsen

Also: Caresyntax adds $30 million to its Series C, and SafelyYou closed a $19.5 million Series A funding round.

Mental health benefits provider Spring Health announced Thursday it had raised $190 million in Series C funding, bringing the company’s valuation to $2 billion.

The round was led by Kinnevik with participation from the Guardian Life Insurance Company of America, Tiger Global, Northzone, RRE Ventures, Rethink Impact, Work-Bench, William K Warren Foundation, SemperVirens, Able Partners and True Capital Ventures.

Spring said the new investment brings the company’s total raise to $300 million. It plans to use the capital to expand its use among employers as well as grow partnerships with health plans.

“As a society, we face an unprecedented global mental...

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