Fierce Health Technology September 17, 2021
Employers are facing an urgent mental health crisis among their workforces as the COVID-19 pandemic has exacerbated stress, anxiety and burnout.
But it’s not just employees who need support. The pandemic has also driven demand for mental health services for caregivers and children, with more than 25% of high school students reporting worsening emotional and cognitive health in the pandemic.
Spring Health, provider of a mental health benefits platform for employers, aims to take the company global and expand its solution to serve employees’ entire families, boosted by $190 million in fresh capital. The funding round propelled the company’s valuation to $2 billion, according to executives.
The company has raised $300 million to date.
The round was led by...
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