# Spring Health

> Spring Health is a New York-based digital mental health company that uses machine learning to match people with the right care - therapy, coaching, medication, or self-guided tools - and deliver it through employers and health plans. Founded in 2016 by Yale graduates, its 'Precision Mental Healthcare' approach reframes the old employee assistance program (EAP) into a measurable, outcomes-driven benefit. Now valued at $3.3 billion, Spring Health reaches more than 20 million people worldwide through employers, payers, and channel partners.

- **Founded:** 2016
- **Headquarters:** New York, New York, United States
- **Founders:** April Koh (Co-founder & CEO), Adam Chekroud (Co-founder & President), Abhishek Chandra (Co-founder & CTO)
- **Team size:** ~3,300 employees
- **Products:** Precision Mental Healthcare, SpringLife, SpringWorks, EAP+ (Employee Assistance Program), Guide
- **Notable:** Reached a $3.3 billion valuation with its $100M Series E in July 2024., Raised approximately $465M+ in total funding across six rounds., Grew to provide access for more than 20 million people worldwide.

## Products & services

- **Precision Mental Healthcare** — Spring Health's core framework: clinically validated assessments plus machine-learning models that match each person to the most effective form of care, reducing trial-and-error.
- **SpringLife** — Digital member platform integrating personalized care, localized services, and on-demand content, matching members to local providers in real time with virtual, in-person, and same-day appointments worldwide.
- **SpringWorks** — Solution for managers, business leaders, and health plans - a digital command center with real-time program performance data, Workplace Care teams for employers, and referral/continuity-of-care pathways for payers.
- **EAP+ (Employee Assistance Program)** — A modernized EAP with streamlined access, high-performance provider networks, measurable outcomes, and an ROI guarantee, replacing legacy check-the-box programs.
- **Guide** — An AI-led care navigation experience that supports members across every stage of their mental health journey.
- **Provider Network** — A curated, high-performance network of 10,000+ therapists, coaches, and psychiatrists offering therapy, coaching, medication management, and self-guided digital CBT.
- **Family & Specialized Care** — Mental health services spanning families, teens, substance use disorder support, and complex/specialized conditions.

## Achievements

- Reached a $3.3 billion valuation with its $100M Series E in July 2024.
- Raised approximately $465M+ in total funding across six rounds.
- Grew to provide access for more than 20 million people worldwide.
- Named to TIME100 Most Influential Companies (2026).
- Co-founder April Koh became one of the youngest women to lead a unicorn at age 29.
- Won Yale's Thorne Prize for Social Innovation (2016) at its inception.
- Built a high-performance provider network of 10,000+ care providers.

## Latest updates

- **2026-01** — Announced it is joining forces with Alma to expand provider access and network reach.
- **2026-01** — Named to TIME100 Most Influential Companies list for 2026.
- **2025-01** — Replaced Cigna as EAP provider for The Board of Pensions of the Presbyterian Church (U.S.A.), partnering with Highmark BCBS.
- **2024-11** — Faced a reported $1 million California fine related to operating without proper state licensure.
- **2024-07** — Raised $100M Series E led by Generation Investment Management at a $3.3B valuation; launched SpringLife and SpringWorks.

## Links

- Website: https://springhealth.com
- LinkedIn: http://www.linkedin.com/company/spring-health
- Twitter/X: https://twitter.com/spring_health
- YouTube: https://www.youtube.com/@SpringHealth
- Instagram: https://www.instagram.com/springhealth/
- Facebook: https://facebook.com/springhealth/

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Profile page: https://yespress.io/spring-health
Published by YesPress — https://yespress.io
Last updated: 2026-06-12