When was Spring Health founded?

Spring Health was founded in 2016 and became a unicorn in 2021.

Where is Spring Health located?

Spring Health is headquartered in New York City, United States. It is registered at New York, New York.

Who is the current CEO of Spring Health?

April Koh of Spring Health. They have also founded 1 company.

Which legal entities is Spring Health associated with?

Spring Health is associated with SPRING CARE, INC..

How many employees does Spring Health have?

As of Apr 30, 2026, the latest employee count at Spring Health is 3748.

Is Spring Health a funded company?

Spring Health is a funded company, having raised a total of $509M across 13 funding rounds to date. The company's 1st funding round was a $30K Grant (prize money) round.

How much is Spring Health worth?

The latest valuation of Spring Health is $3.3B as of Jul 16, 2024.

When was the latest funding round of Spring Health?

Spring Health's latest funding was a $35M Series E round on Jul 31, 2024, with participation from 1 investor. Its primary sector is HRTech. In United States, the HRTech sector has seen $724M in funding in 2026 to date.

Is Spring Health a HRTech company?

The primary sectors of Spring Health are HRTech and Employee Health IT.

Where does Spring Health rank among its competitors?

Spring Health ranks 1st amongst 604 active competitors, of which 134 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Amaha, which secured $5.28M in Mar, 2026.

Who are the top competitors of Spring Health?

Spring Health's top competitors include Calm, Lyra Health and Headspace. Among them, Amaha secured the most recent funding round in March, 2026.

Spring Health - 2026 Company Profile, Team, Funding & Competitors

Spring Health is a series E company based in New York City (United States), founded in 2016 by Adam Chekroud and April Koh. It operates as a Tech enabled mental healthcare solutions and health plans for employers. Spring Health has raised $509M in funding from investors like Rethink Impact, Kinnevik and Tiger Global Management, with a current valuation of $3.3B. The company has 604 active competitors, including 134 funded and 19 that have exited. Its top competitors include companies like Calm, Lyra Health and Headspace.

Sectors and market segments that Spring Health operate in

Spring Health serves in the HealthTech market segments.The primary business model of Spring Health is:

HealthTech > Employee Health IT > ***** **** > ***** ******

Company Details

Tech enabled mental healthcare solutions and health plans for employers. It offers a platform that leverages data to match individuals with care, ranging from digital support to in person therapy. The platform includes personalized care plans, appointment scheduling, and access to on demand wellness exercises. The solution also incorporates an employee assistance program with assessment, personalized recommendations, and access to a diverse network of providers.

Website: www.springhealth.com/
Social
Email ID: *****@springhealth.com
Phone Number: +1 **********
Registered Address: New York, New York

Key Metrics

Founded Year

2016

Location

New York City, United States

Stage

Series E

Total Funding

$509M in 13 rounds

Latest Funding Round

Series E, Jul 31, 2024, $35M

Post Money Valuation

$3.3B as on Jul 16, 2024

Investors

Rethink Impact & 32 more

Ranked

1^st among 604 active competitors

Employee Count

3,748 as on Apr 30, 2026

Investment & Acquisitions

Alma & 2 more

Similar Companies

Calm & 730 more

View Spring Health's full profile

Spring Health is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SPRING CARE, INC. CIN: 812832914 , United States, Active	Dec 31, 2015	-	1070 (As on Dec 31, 2024)	-

Spring Health has raised a total funding of $509M over 13 rounds. Its latest funding round was a Series E round on Jul 31, 2024 for $35M. 1 investor participated in its latest round. Spring Health has 30 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of Spring Health:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 31, 2024	$35M	Series E	-	-	Kinnevik	-
Jul 16, 2024	$100M	Series E	$3.3B	-	Generation Investment Management	Kinnevik, The William K. Warren Foundation, RRE Ventures, Northzone
Mar 17, 2023	$71M	Series D	-	-	-	-

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View details of Spring Health's funding rounds and investors

The founders of Spring Health are Adam Chekroud and April Koh. April Koh is the CEO of Spring Health.

Here are the details of Spring Health's key team members:

Adam Chekroud: Co-Founder of Spring Health and founder of 1 other company. They are also an angel investor in 1 startup and serve on the board of 1 company.
Contact Info: 2 email addresses
April Koh: Co-Founder & CEO of Spring Health and founder of 1 other company. They serve on the board of 1 company.
Contact Info: 2 email addresses

Spring Health's Board of Directors

Spring Health's board has 9 active members. Adam Chekroud, April Koh, Abhishek Chandra, Karin Ajmani, Heidi Patel, Christian Scherrer, Par Jorgen Parson, Par Jorgen Parson and April Care Koh are independent board members.

Here is the list of Spring Health's board of directors:

Name	Type	Representing	Status	Duration
Adam Chekroud	Independent board member	-	Current	8y 7m
April Koh	Independent board member	-	Current	7y 11m
Abhishek Chandra	Independent board member	-	Current	8y 7m
Karin Ajmani	Independent board member	-	Current	3y 1m
Heidi Patel	Independent board member	-	Current	7y 11m
Christian Scherrer	Independent board member	-	Current	4y 8m
Par Jorgen Parson	Independent board member	-	Current	6y 3m
Par Jorgen Parson	Independent board member	-	Current	4y 8m
April Care Koh	Independent board member	-	Current	8y 7m

View details of Spring Health's Founder profiles and Board Members

Spring Health's employee count trend

Spring Health has 3,748 employees as of Apr 26. Here is Spring Health's employee count trend over the years:

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Top competitors of Spring Health include Calm, Lyra Health and Headspace. Here is the list of Top 10 competitors of Spring Health, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Spring Health 2016, New York City (United States), Series E	Tech enabled mental healthcare solutions and health plans for employers	$509M	Generation Investment Management, BoxGroup ... & 31 others	81/100
2nd	Calm 2012, San Francisco (United States), Series C	Digital wellness platform	$225M	Lightspeed Venture Partners, Insight Partners ... & 61 others	79/100
3rd	Lyra Health 2015, Burlingame (United States), Series F	Provider of AI-powered mental health benefits for employers	$915M	Addition, Glynn Capital & 37 others	74/100
4th	Headspace 2010, Santa Monica (United States), Series C	Provider of mental health support services via application and human care	$178M	Blisce, JAZZ Venture Partners & 49 others	72/100
5th	Thrive Global 2016, New York City (United States), Series C	Provider of mental wellbeing coaching platform for enterprises	$130M	IVP, WndrCo & 37 others	71/100
6th	Meru Health 2016, San Francisco (United States), Series B	Provider of digital mental healthcare programs with licensed therapist solutions	$55.4M	Industry Ventures, Bold Capital Partners ... & 21 others	70/100
7th	Amaha 2016, Mumbai (India), Series A	Provider of online therapy, psychiatry services, and mental healthcare support	$20.6M	Fireside Ventures, B&K Securities & 22 others	70/100
8th	Unmind 2016, London (United Kingdom), Series C	Cloud-based mental well-being program for employers	$109M	Felix Capital, TELUS Ventures & 32 others	69/100
9th	Modern Health 2017, San Francisco (United States), Series D	Provider of employee mental health wellness platform	$170M	Afore Capital, Founders Fund & 16 others	69/100
10th	Wysa 2015, Boston (United States), Series B	Provider of AI-driven mental health support platform	$30.5M	legacy.vn, HealthQuad & 39 others	69/100

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Spring Health has made 1 investment in Agilus Diagnostics and acquired Alma and Hello Weldon.

Here is the list of these investments and acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jan 29, 2026	Acquisition	Alma	2009	New York City (United States)
May 18, 2022	Acquisition	Hello Weldon	2018	New York City (United States)
Jul 07, 2011	Investments	Agilus Diagnostics	1995	Gurugram (India)