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At Spring Health, we help employers modernize their behavioral health benefits with the most effective, comprehensive solution for employee mental wellbeing. Our offering functions as a single front door to any type of care - from digital exercises, to EAP services, to coaching, therapy, or medication. We use a proprietary assessment and machine-learning technology to understand all of the conditions a person may be experiencing, and use those results to match them to a care plan personalized to their needs. Each member has access to a Care Navigator to help guide them through their options, assist in booking appointments with therapists, and connect them to domain experts across work-life, legal, or financial services. This innovative, personalized approach to care, paired with a seamless, high-touch member experience makes Spring Health the most holistic, effective behavioral health benefit for modern, people-first employers.
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In 2025, Spring Health's revenue reached $281.3M. Since its launch in 2016, Spring Health has shown consistent revenue growth.
Spring Health reached a $3.3B valuation in 2024, set during its Series E round.
Spring Health has raised $372M in total funding across 4 rounds, most recently a $100M Series E round in 2024.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2024 | Series E | $100M | $3.3B | 3% | news.crunchbase.com |
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We do not have customer count information for Spring Health yet.
Spring Health employs approximately 3.5K people as of 2026, up from 2.6K in 2024.
Spring Health generates an estimated $281.3M in annual revenue.
Spring Health was founded by April Koh.
The CEO of Spring Health is April Koh.
Spring Health raised $372M across 4 rounds.
Spring Health has 3.5K employees.
Spring Health is headquartered in New York, New York, United States.
Spring Health operates across multiple industries. Browse revenue, funding, and growth data for Spring Health in each sector below.
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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Valuation
$3.3B
2025 Revenue
$281.3M(Est.)
Funding
$372M
Team
3.5K
Founded
2016
| Year | Milestone | Source |
|---|---|---|
| 2025 | Spring Health Hit $281.3m revenue in September 2025 | Estimated |
| 2016 | Launched with $0 revenue |
| 2021 | Series C | $190M | - | - | news.crunchbase.com |
| 2020 | Series B | $76M | - | - | news.crunchbase.com |
| 2018 | Series A | $6M | - | - | techcrunch.com |
| Year | Milestone | Source |
|---|---|---|
| 2025 | Reached 3.5K employees (November 2025) | |
| 2024 | Reached 2.6K employees (September 2024) |
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