About Spring Health
Spring Health, founded in May 2016 by April Koh and Adam Chekroud in New York City, is a leADINg digital mental health platform. The company provides comprehensive mental health benefits for employers, helping employees identify issues and access personalized care. Its platform is the only clinically validated solution proven more effective than traditional approACHes, engaging one in three employees, accelerating recovery, and reducing costs.
Core Business & Key Technologies
Spring Health’s core business focuses on delivering evidence-based therapy, coaching, and medication management via a user-friendly digital interface. Its precision mental healthcare model leverages machine learning algorithms to personalize treatment pathways, assess individual needs, and match users with the right care providers. Appointment scheduling, progress tracking, and self-guided digital interventions are seamlessly integrated into the platform.
Market Position & Flagship Products
Positioned as a major player in the employer-sponsored benefits sector, Spring Health offers personalized care plans, therapy, coaching, medication management, and digital self-help tools. As of July 2024, it serves over 10 million lives through more than 400 contracted employers and payer relationships. Clients include Microsoft, Target, J.P. Morgan Chase, and Delta Airlines. Backed by strong funding—$71 million in Series D (April 2023) and $100 million in Series E (July 2024)—its valuation reached $3.3 billion.
Contact Information
Address: New York City, USA
Keywords: Spring Health, mental health platform, employer benefits, precision mental healthcare, therapy, coaching, medication management, digital interventions
