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Spring Health Raises $76M in Series B

2020-11-19
NEW YORK, NY, Spring Health announced the closing of a $76 million Series B led by Tiger Global.
Spring Health, a provider of behavioral health benefits, announced the closing of a $76 million Series B led by Tiger Global.

GingerBread Capital and Operator Partners (a newly formed fund by Nat Turner and Zach Weinberg, the cofounders of Flatiron Health) also joined this round. Existing investors Northzone, Rethink Impact, William K. Warren Foundation, Work-Bench, SemperVirens, Able Partners, and True Capital also participated. New individual investors in the Series B round also include six-time NBA all-star and NBA champion Kyle Lowry of the Toronto Raptors, and two-time WNBA all-star and 2018 WNBA MVP Breanna Stewart of the Seattle Storm.

Spring Health helps employers modernize their behavioral health benefits with the most comprehensive solution for employee mental well-being. Spring Health provides a single front door to any type of care - from digital exercises to ancillary employee assistance program (EAP) services, to coaching, therapy, or medication - leading to faster outcomes, higher engagement, and healthier, happier employees.
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