Public company, workplace, funding, and market signals
Updated Aug 5, 2026
Spring Health is a privately held, AI-native global mental-health company founded in 2016. Its Precision Mental Healthcare platform connects members to personalized behavioral-health support and helps employers, health plans, and channel partners measure clinical and financial outcomes. [Spring Health About Us](https://www.springhealth.com/about-us)
Primary product
An integrated mental-health benefits and care platform: self-guided tools, EAP, coaching, therapy, medication management, specialty care, care navigation, provider technology, and AI-led experiences such as Guide. [Spring Health About Us](https://www.springhealth.com/about-us)
Founded
2016
Headquarters
New York City, New York, United States
Team size
2,500–3,500 (public third-party estimates vary; LinkedIn snapshot reported 2,742, while other databases estimate roughly 3,500)
Work style
Flexible
Industry
Mental Health Care / Healthcare Technology
Sub-industry
Employer behavioral-health benefits, digital mental health, HRTech, health-plan technology
Offices
Business model
Stage
Series E; late-stage private company / unicorn
Total raised
$474M
Latest round
Series E · Jul 2024
Latest amount
$100M
Jul 2024 · Generation Investment Management
Mar 2023
Sep 2021 · Kinnevik
Nov 2020 · Tiger Global Management
Jan 2020 · Northzone
Aug 2018
Leadership
April Koh
Co-founder and Chief Executive Officer
Adam Chekroud
Co-founder and President
Arielle Mortimer
Chief Operating Officer
Mill Brown, MD
Chief Medical Officer
Brad Lande-Shannon
Chief People & Marketing Officer
Harry Ritter
CEO of Alma, a Spring Health company
Mission-driven, science- and outcomes-oriented culture emphasizing mission first, speed, ownership, diverse perspectives, candor with care, autonomy, and innovation. Careers materials describe a remote-friendly workforce with hybrid roles in some offices.
Work style
Flexible
Visa sponsorship
Limited
Compensation
Spring Health says salaries are benchmarked using the Radford Global Compensation Database; compensation may include role-based incentive pay, equity beginning to vest after the first year, and a 401(k) match. Individual job postings determine work authorization and sponsorship eligibility.
Benefits
Pricing
Primarily enterprise, contract-based pricing for employers, health plans, and channel partners; public consumer list pricing was not found.
Differentiators
Technology
Customers
Competitors
Estimated revenue
Approximately $250M–$300M annual revenue/ARR (third-party 2025 estimate: $281.3M; another company-profile estimate is materially lower, so treat as directional only)
Estimated monthly visits
1.7M
Spring Health agreed to acquire and subsequently completed its acquisition of Alma, a membership platform for independent mental-health clinicians. Financial terms were not disclosed; integration and execution risk remain material.
SourceSeries E announcement valued Spring Health at $3.3 billion; the company remains private, so valuation and revenue are not independently audited in public filings.
SourceSpring Health blog · May 2026
Co-founder Adam Chekroud described the company’s AI-native strategy, Guide product, continuity-of-care thesis, and VERA-MH safety benchmark.
Spring Health · May 2026
Spring Health completed its acquisition of Alma, combining Spring Health’s AI-native care platform with Alma’s clinician and payer infrastructure.
Spring Health · Jan 2026
The companies announced the definitive acquisition agreement; terms were undisclosed and closing was expected in Q2 2026.
PR Newswire / Spring Health · Jul 2024
Spring Health announced a $100M Series E led by Generation Investment Management at a $3.3B valuation.
Spring Health · Feb 2024
Spring Health announced Arielle Mortimer as Chief Operating Officer.
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