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Handspring Nabs $12M Series A Financing

2025-06-27
NEW YORK, NY, Handspring, a mental health provider focused on youth, young adults, and their families through high-quality virtual therapy, has announced a $12 million Series A round.
The round was led by Cobalt Ventures, with participation from NextView Ventures, nvp capital, 25madison, Arkitekt Ventures, VamosVentures, Hyde Park Angels (HPA), Cornucopian Capital, and others. Two health plans also joined the round, underscoring strong payer alignment with Handspring's clinically rigorous and cost-effective model of care.

Handspring Health is reimagining mental health care for the next generation - serving children, adolescents, young adults, and their families through structured, measurable, and evidence-based virtual therapy. With a team of licensed clinicians trained in treating anxiety, depression, OCD, ADHD, trauma, and more, Handspring empowers young people and their families to thrive. Care is personalized, timely, and grounded in outcomes - because better mental health starts with better care.
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